IDEAS home Printed from https://ideas.repec.org/p/usg/dp2007/2007-18.html
   My bibliography  Save this paper

An Interim Assessment of the U.S. Trade Policy of “Competitive Liberalization”

Author

Listed:
  • Simon J. Evenett

    ()

  • Michael Meier

    ()

Abstract

Since taking office the Administration of George W. Bush has pursued a trade policy known as Competitive Liberalization. This policy envisages a series of mutually-reinforcing steps to open markets abroad to U.S. companies, to strengthen market-oriented laws and regulations overseas, and to place the U.S. at the centre of the world trading system. Foreign and security policy considerations have influenced U.S. trade policymaking, perhaps more so than in the 1990s. To date the principal outcome of this policy has been the negotiation by the U.S. of numerous free trade agreements, mainly with developing countries individually or in subregional groupings. In addition to characterising this policy in detail, the principal purpose of this paper is to assess the logic underlying this approach to trade policymaking and whether Competitive Liberalization has begun to fulfil the promise spelt out for it at the beginning of this decade.

Suggested Citation

  • Simon J. Evenett & Michael Meier, 2007. "An Interim Assessment of the U.S. Trade Policy of “Competitive Liberalization”," University of St. Gallen Department of Economics working paper series 2007 2007-18, Department of Economics, University of St. Gallen.
  • Handle: RePEc:usg:dp2007:2007-18
    as

    Download full text from publisher

    File URL: http://ux-tauri.unisg.ch/RePEc/usg/dp2007/DP-18-Ev.pdf
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Richard E. Baldwin, 1997. "The Causes of Regionalism," The World Economy, Wiley Blackwell, vol. 20(7), pages 865-888, November.
    2. C. Fred Bergsten, 1996. "Competitive Liberalization and Global Free Trade: A Vision for the Early 21st Century," Working Paper Series WP96-15, Peterson Institute for International Economics.
    3. Richard E. Feinberg, 2003. "The Political Economy of United States' Free Trade Arrangements," The World Economy, Wiley Blackwell, vol. 26(7), pages 1019-1040, July.
    4. C. Fred Bergsten, 2005. "The United States and the World Economy: Foreign Economic Policy for the Next Decade," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 3802.
    5. Jeffrey J. Schott (ed.), 2004. "Free Trade Agreements: US Strategies and Priorities," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 375.
    6. Richard Baldwin, 1993. "A Domino Theory of Regionalism," NBER Working Papers 4465, National Bureau of Economic Research, Inc.
    7. G. K. Helleiner, 1996. "Why Small Countries Worry: Neglected Issues in Current Analyses of the Benefits and Costs for Small Countries of Integrating with Large Ones," The World Economy, Wiley Blackwell, vol. 19(6), pages 759-764, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chauffour, Jean-Pierre & Maur, Jean-Christophe, 2010. "Beyond market access : the new normal of preferential trade agreements," Policy Research Working Paper Series 5454, The World Bank.
    2. Jorge F. Garzón, 2015. "Latin American Regionalism in a Multipolar World," RSCAS Working Papers 2015/23, European University Institute.

    More about this item

    Keywords

    United States; trade policy; commercial policy; Competitive Liberalization; WTO; regional trade agreements;

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:usg:dp2007:2007-18. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Joerg Baumberger). General contact details of provider: http://edirc.repec.org/data/vwasgch.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.