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What accounts for the large reduction in trade barriers among new democracies in Asia after World War II? Using new data from Japan and Thailand, this book provides a surprising answer: politicians, especially party leaders, liberalized trade by buying off legislative support with side-payments such as pork barrel projects. Trade liberalization was a legislative triumph, not an executive achievement. This finding challenges the conventional 'insulation' argument, which posits that insulating executives from special interest groups and voters is the key to successful trade liberalization. By…mehr

Produktbeschreibung
What accounts for the large reduction in trade barriers among new democracies in Asia after World War II? Using new data from Japan and Thailand, this book provides a surprising answer: politicians, especially party leaders, liberalized trade by buying off legislative support with side-payments such as pork barrel projects. Trade liberalization was a legislative triumph, not an executive achievement. This finding challenges the conventional 'insulation' argument, which posits that insulating executives from special interest groups and voters is the key to successful trade liberalization. By contrast, this book demonstrates that party leaders built open economy coalitions with legislators by feeding legislators' rent-seeking desires with side-payments rather than depriving their appetites. This book unravels the political foundations of open economy.

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Autorenporträt
Megumi Naoi is an Associate Professor of Political Science at the University of California, San Diego. Her work has been published in such journals as the American Journal of Political Science, Comparative Political Studies, and International Organization, where she serves as an editorial board member. She has been a visiting research fellow at Keio University and Waseda University in Tokyo, Chulalongkorn University in Bangkok, Thailand, and a pre-doctoral fellow at Princeton's Neihaus Center for Globalization and Governance.