IDEAS home Printed from https://ideas.repec.org/p/mie/wpaper/539.html
   My bibliography  Save this paper

From Trade Liberalization to Economic Integration: The Clash between Private and Public Goods

Author

Listed:
  • Marina Whitman

    (University of Michigan)

Abstract

As tariffs and quotas have fallen substantially during successive rounds of multilateral trade negotiations, attention has increasingly focused on harmonizing a variety of "domestic" policies that limit or distort international trade and investment, such as intellectual property protection, environmental rules, labor standards, and competition (antitrust) policies. An increase in such "deep integration" or "system convergence" would indeed maximize global welfare as regards transactions in private goods, but it also undermines the ability of sovereign states to respond to their own voters' preferences as regards such public goods as inflation and unemployment rates, national defense, income distribution, environmental quality, and worker protection. The resulting tensions have made the negotiation of multilateral trade agreements and regional integration arrangements more complex and difficult and the resistance to them more pronounced.

Suggested Citation

  • Marina Whitman, 2003. "From Trade Liberalization to Economic Integration: The Clash between Private and Public Goods," Working Papers 539, Research Seminar in International Economics, University of Michigan.
    • Handle: RePEc:mie:wpaper:539
    as

    Download full text from publisher

    File URL: http://fordschool.umich.edu/rsie/workingpapers/Papers526-550/r539.pdf
    Download Restriction: no
    ---><---

    More about this item

    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:mie:wpaper:539. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: FSPP Webmaster (email available below). General contact details of provider: https://edirc.repec.org/data/riumius.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.