Journal of Shanghai University (Social Science Edition)

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A PoliticalEconomy Perspective of International Trade Policy Cooperation

SONG Shi-fang   

  1. School of International Finance and Trade, Shanghai International Studies University, Shanghai 200083, China
  • Received:2006-01-04 Revised:1900-01-01 Online:2007-07-15 Published:2007-07-15

Abstract: Just like unilateral trade policy, trade policy cooperation also has distribution effect, thus displaying a result of domestic politicaleconomic process of each participating country. It is more consistent with reality to understand and study such phenomena by analyzing the equilibrium among conflict interest bodies than by assuming, as classical theory does, that government maximizes social welfare. Because of this, politicaleconomic analytical method has gained comprehensive application in the study of international trade policy cooperation since 1990. This essay gives a survey of such economic research in recent years.

Key words: median voter, interest group, trade policy cooperation

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