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The impact of ideas on trade policy

The origins of U.S. agricultural and manufacturing policies

Bibliographic Data

ID7300770
AuthorsJudith Goldstein (American Political Science Association, corresponding author)
Year1989
Volume43
Issue1
Pages31-71
Publication date1989-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Organization (JOURNAL)
Journal identifiersISSN: 0020-8183 • E-ISSN: 1531-5088
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0020818300004550
OpenAlexW2022484226
LanguageEN
Citations received51
References cited25

Since the close of World War II, the United States has supported contradictory trade policies. In manufacturing, the United States has fostered a liberal trade regime, spurning government involvement in market transactions. In agriculture, it has sanctioned policies of import restrictions, export subsidies, and import fees. This variation is rooted in decisions that were made in the 1930s and institutionalized in the 1940s. In the wake of the Great Depression, policymakers concluded that state intervention helped agriculture and hurt industry. This article argues that the choice of government policy and its appropriateness to the economic problems faced by each sector reflect the accepted knowledge at the time. Neither liberalization nor subsidization was inevitable; both were economically viable options. However, central decision-makers made choices that were often based on inaccurate beliefs about the utility of different policy options

Agriculture · Commercial policy · Economic interventionism · Economic policy · Economics · Free trade · Government (linguistics · Great Depression · Industrial policy · International economics · International trade · Intervention (counseling · Liberalization · Market economy · Political science · Politics · State (computer science · Subsidy · Trade war · Global trade and economics

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Unique citing works51
Citations per year1,42
Citation span1990 - 2026 (37)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 51

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