This book shows how domestic political institutions and the lack of time pressure have an impact on negotiations at the WTO. It provides detailed information on WTO ministerial meetings as well as on the political economy of trade policy in the EU, U.S., Brazil, and Australia.
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'This important book addresses a question of utmost relevance for academics and policy-makers alike: Why is it that multilateral trade negotiations are so protracted even though trade liberalization benefits everybody in the end? Eugénia da Conceição-Heldt argues that domestic political institutions and the lack of time pressures combine to produce inefficient results. A must-read for anybody interested in trade negotiations!' Thomas Risse, Free University Berlin, Germany