Publication
2005
This paper investigates why developing countries continue to join free trade agreements (FTAs) even though these are bad for them. The author argues that the decision to join FTAs is perfectly rational for developing countries when the political conditions under which governments are taking strategic decisions are taken into account. According to him, the decision to join FTAs is not motivated by the superiority of comparative advantage theory, but rather is the result of constraints on strategic decision-making.
Download |
English (PDF, 55 pages, 381 KB) |
---|---|
Author | Arvinn Gadgil |
Series | LSE International Development Working Papers |
Issue | 64 |
Publisher | LSE Department of International Development (ID) |
Copyright | © 2005 LSE |