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The institutional foundations of hegemony

Explaining the Reciprocal Trade Agreements Act of 1934

Bibliographic Data

ID6270587
AuthorsStephan Haggard (0000-0003-1571-2580, corresponding author)
Year1988
Volume42
Issue1
Pages91-119
Publication date1988-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Organization (JOURNAL)
Journal identifiersISSN: 0020-8183 • E-ISSN: 1531-5088
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0020818300007141
OpenAlexW2124545658
LanguageEN
Citations received69
References cited46

In 1930, Congress approved the highly restrictive Smoot–Hawley tariff, the textbook case of pressure group politics run amok. Four years later, Congress passed the Reciprocal Trade Agreements Act (RTAA), surrendering much of its tariff-making authority to a policy process in which internationalists had increasing influence. While the United States had used reciprocity to expand exports before, the stick of discriminatory treatment took precedence over the carrot of liberalizing concessions. With the transfer of tariff-making authority to the executive, the United States could make credible commitments and thus exploit its market power to liberalize international trade. Despite later modifications, the RTAA set the fundamental institutional framework for trade politics

Commercial policy · Economics · Free trade · Hegemony · International economics · International trade · Liberalization · Market economy · Political science · Politics · Reciprocal · Reciprocity (cultural anthropology · Sociology · Tariff · Law · World Trade Organization Law

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Unique citing works69
Citations per year1,82
Citation span1988 - 2026 (39)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 69

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