Preferential Trade Agreements as Development Policy

Autor: Sarah Blodgett Bermeo
Rok vydání: 2018
Předmět:
Zdroj: Oxford Scholarship
DOI: 10.1093/oso/9780190851828.003.0005
Popis: Preferential access to industrialized country markets can provide an important development opportunity for poorer countries. The targeted development framework suggests that industrialized states will be particularly interested in negotiating such agreements when they value development in a developing state and when the country is in a position to use trade as a catalyst for growth. This chapter analyzes the case of the Dominican Republic-Central American Free Trade Agreement (CAFTA-DR) to demonstrate the difficulty of understanding the signing of such agreements through traditional political economy explanations and the advantage of incorporating targeted development considerations. It then proceeds to a dyadic analysis of the signing of trade agreements, finding that agreements are more likely with countries where development is a high priority for the industrialized country and those that have reached a sufficient level of development to benefit from preferential market access.
Databáze: OpenAIRE