Publication details

POLITICKÁ EKONOMIE ZAHRANIČNÍ OBCHODNÍ POLITIKY - INSTITUCE, REGULACE, SOCIÁLNÍ A POLITICKÝ KONTEXT

Title in English POLITICAL ECONOMY OF TRADE POLICY - INSTITUTIONS, REGULATION, SOCIAL AND POLITICAL CONTEXT
Authors

KRPEC Oldřich HODULÁK Vladan

Year of publication 2012
Type Article in Periodical
Magazine / Source Politická ekonomie
MU Faculty or unit

Faculty of Social Studies

Citation
Web http://dx.doi.org/10.18267/j.polek.830
Doi http://dx.doi.org/10.18267/j.polek.830
Field Political sciences
Keywords models of trade with imperfect competition and scale economies; trade policy; national security; economic nationalism; industrial structure and structural change; political economy
Description This paper aims to contribute to the theoretical discussion of free trade and protectionism in international trade within the context of International political economy. Presented approach broadens the standard political economy view of trade policy and goes beyond the redistribution consequences and the political consideration of policy makers. Our interpretation of trade policy works with broader economic values and preferences of individual actors and understands the nation state and its policies as institutions. Social, cultural and historical context is taken into consideration, when interpreting the trade policy. More complex understanding of these determinants helps to explain contemporary trade policies and also their dynamic change. Paper also discuss the links between the trade policy and other economic (structural and industrial) policies and attract attention to possible misunderstandings in contemporary free trade discourse. This paper aims to contribute to the theoretical discussion of free trade and protectionism in international trade within the context of International political economy. Presented approach broadens the standard political economy view of trade policy and goes beyond the redistribution consequences and the political consideration of policy makers. Our interpretation of trade policy works with broader economic values and preferences of individual actors and understands the nation state and its policies as institutions. Social, cultural and historical context is taken into consideration, when interpreting the trade policy. More complex understanding of these determinants helps to explain contemporary trade policies and also their dynamic change. Paper also discuss the links between the trade policy and other economic (structural and industrial) policies and attract attention to possible misunderstandings in contemporary free trade discourse.
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