Comment on “Politics of trade in the USA and in the Obama administration: implications for Asian regionalism”
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The Barfield paper (2009) is fascinating as it provides deep insights into the political processes that shape the US position on matters relating to trade policies.What makes it all the more interesting is the current context, now that the USA has a new president with high expectations staked on and that the USA and its trading partners are stuck in a serious recession. The paper confirms free traders’ worst fears that the USA will likely turn up the heat on its trading partners, with the Democratic Party at the helm and the domestic economy in the doldrums. The Democrats, who control both the presidency and Congress known to be tough on trade policies, are likely to succumb more readily to domestic protectionist pressures, which tend to rise during economic slumps.
Politics , Economics , Obama administration , Asian regionalisation
Abdul Kareem, Mohamed Ariff. (2009). Comment on “Politics of trade in the USA and in the Obama administration: implications for Asian regionalism". Asian Economic Policy Review, 4 (2), pp. 244-245.