Narrowing the Channel : The Politics of Regulatory Protection in International Trade / Robert Gulotty.

Format:

Book

Author/Creator:

Gulotty, Robert, Author.

Series:

Chicago series on international and domestic institutions.

Chicago Series on International and Domestic Institutions

Language:

English

Subjects (All):

Protectionism.

Trade regulation.

Trademarks.

Globalization.

Physical Description:

1 online resource (242 pages).

Place of Publication:

Chicago : University of Chicago Press, [2020]

Language Note:

In English.

Summary:

While large, multinational corporations have supported the removal of tariffs, behind the scenes these firms have fought for protection in the form of product regulations, including testing, labeling, and registration requirements. Unlike tariffs, these regulations can raise fixed costs, excluding smaller firms from the market and shifting profits toward global giants. Narrowing the Channel demonstrates that globalization and globalized firms can paradoxically hinder rather than foster economic cooperation as larger firms seek to protect their markets through often unnecessarily strict product regulations. To illustrate the problem of regulatory protectionism, Robert Gulotty offers an in-depth analysis of contemporary rulemaking in the United States and the European Union in the areas of health, safety, and environmental standards. He shows how large firms seek regulatory schemes that disproportionately disadvantage small firms. When multinationals are embedded in the local economy, governments too have an incentive to use these regulations to shift profits back home. Today, the key challenge to governing global trade is not how much trade occurs but who is allowed to participate, and this book shows that new rules will be needed to allow governments to widen the benefits of global commerce and avoid further inequality and market concentration.

Contents:

Frontmatter

Contents

Preface

Chapter On.e Introduction

Chapter Two. A Theory of Global Firms and Local Regulation

Chapter Three. Determinants of Regulatory Barriers to Trade

Chapter Four. Regulatory Preferences in the Chemical Industry

Chapter Five. Regulatory Preferences in the Food Industry

Chapter Six. The Design of Reciprocal Trade Agreements

Chapter Seven. Designing Optimal Standards Agreements

Chapter Eight. Conclusion

Technical Appendix

Notes

References

Index

Notes:

Includes bibliographical references and index.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Mai 2020)

ISBN:

9780226669533

022666953X

OCLC:

1144859071