Politická ekonomie 2012, 60(1):20-39 | DOI: 10.18267/j.polek.830

Politická ekonomie zahraniční obchodní politiky - instituce, regulace, sociální a politický kontext

Oldřich Krpec, Vladan Hodulák
Masarykova univerzita Brno.

Political Economy of Trade Policy - Institutions, Regulation, Social and Political Context

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.

Keywords: political economy, national security, models of trade with imperfect competition and scale economies, trade policy, economic nationalism, industrial structure and structural change
JEL classification: F12, F13, F52, L16, P16

Published: February 1, 2012  Show citation

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Krpec, O., & Hodulák, V. (2012). Political Economy of Trade Policy - Institutions, Regulation, Social and Political Context. Politická ekonomie, 60(1), 20-39. doi: 10.18267/j.polek.830
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