Showing papers by "Helen V. Milner published in 2005"

Why the Move to Free Trade? Democracy and Trade Policy in the Developing Countries

Abstract: Rising international trade flows are a primary component of globalization. The liberalization of trade policy in many developing countries has helped foster the growth of these flows. Preceding and concurrent with this move to free trade, there has been a global movement toward democracy. We argue that these two trends are related: democratization of the political system reduces the ability of governments to use trade barriers as a strategy for building political support. Political leaders in labor rich countries may prefer lower trade barriers as democracy increases. Empirical evidence supports our claim about the developing countries from 1970-1999. Regime change toward democracy is associated with trade liberalization, controlling for many factors. Conventional explanations of economic reform, such as economic crises and external pressures, seem less salient. Democratization may have fostered globalization in this period.

Review Essay: Globalization, Development, and International Institutions: Normative and Positive Perspectives.

Abstract: At the conclusion of World War II, several international institutions were created to manage the world economy and prevent another Great Depression. These institutions include the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (now called the World Bank), and the General Agreement on Tariffs and Trade (GATT), which was expanded and institutionalized into the World Trade Organization (WTO) in 1995. These institutions have not only persisted for over five decades, but they have also expanded their mandates, changed their missions, and increased their membership. They have, however, become highly contested. As Stiglitz notes, “International bureaucrats—the faceless symbols of the world economic order—are under attack everywhere…. Virtually every major meeting of the International Monetary Fund, the World Bank and the World Trade Organization is now the scene of conflict and turmoil.”Helen V. Milner is the B. C. Forbes Professor of Politics and International Affairs at Princeton University and the director of the Center for Globalization and Governance at Princeton's Woodrow Wilson School (hmilner@Princeton.edu). She has written extensively on issues related to international trade, the connections between domestic politics and foreign policy, globalization and regionalism, and the relationship between democracy and trade policy. Her writings include Interests, Institutions, and Information: Domestic Politics and International Relations (1997), Internationalization and Domestic Politics (co-edited with Robert O. Keohane, 1996), “Why the Move to Free Trade? Democracy and Trade Policy in the Developing Countries” (International Organization 2005), “The Optimal Design of International Trade Institutions: Uncertainty and Escape” (coauthored with B. Peter Rosendorff, International Organization, 2001). The author thanks David Baldwin, Chuck Beitz, Robert O. Keohane, Erica Gould, Steve Macedo, Lisa Martin, Thomas Pogge, Tom Romer, and Jim Vreeland for invaluable comments. She also received much useful advice from seminars at Princeton University and the Rockefeller Foundation's Bellagio Study and Conference Center.

Globalization, Development, and International Institutions: Normative and Positive Perspectives

Abstract: At the conclusion of World War II, several international institutions were created to manage the world economy and prevent another Great Depression. These institutions include the International Monetary Fund (IMF), the International Bank for Reconstruction and Development (now called the World Bank), and the General Agreement on Tariffs and Trade (GATT), which was expanded and institutionalized into the World Trade Organization (WTO) in 1995. These institutions have not only persisted for over five decades, but they have also expanded their mandates, changed their missions, and increased their membership. They have, however, become highly contested. As Stiglitz notes, “International bureaucrats—the faceless symbols of the world economic order—are under attack everywhere…. Virtually every major meeting of the International Monetary Fund, the World Bank and the World Trade Organization is now the scene of conflict and turmoil.”Helen V. Milner is the B. C. Forbes Professor of Politics and International Affairs at Princeton University and the director of the Center for Globalization and Governance at Princeton's Woodrow Wilson School (hmilner@Princeton.edu). She has written extensively on issues related to international trade, the connections between domestic politics and foreign policy, globalization and regionalism, and the relationship between democracy and trade policy. Her writings include Interests, Institutions, and Information: Domestic Politics and International Relations (1997), Internationalization and Domestic Politics (co-edited with Robert O. Keohane, 1996), “Why the Move to Free Trade? Democracy and Trade Policy in the Developing Countries” (International Organization 2005), “The Optimal Design of International Trade Institutions: Uncertainty and Escape” (coauthored with B. Peter Rosendorff, International Organization, 2001). The author thanks David Baldwin, Chuck Beitz, Robert O. Keohane, Erica Gould, Steve Macedo, Lisa Martin, Thomas Pogge, Tom Romer, and Jim Vreeland for invaluable comments. She also received much useful advice from seminars at Princeton University and the Rockefeller Foundation's Bellagio Study and Conference Center.