• search hit 78 of 124
Back to Result List

Firm Interests in Uncertain Times: Business Lobbying in Multilateral Service Liberalization

  • Abstract : Many observers agree that the multilateral liberalization of service trade was a response to the intense lobbying efforts of financial service companies. In contrast, many of the firms that were affected by the General Agreement on the Trade of Services did not know where their interests lay in the multilateral negotiations and only began to work with their governments very late in the process. This paper shows that the preference evolution of service companies - both the first movers and the late comers - cannot be explained with reference to material rationality only. As a radically new trade issue, service trade was a realm of great uncertainty for business and they relied on social devices rather than pure economic calculations to determine how to position themselves on liberalization. In times of uncertainty, the differential logic of social embeddedness and the institutional constraints of a firm's national setting are therefore a more appropriate indicator for business demands than material incentives arising from the global economy.

Export metadata

Additional Services

Share in Twitter Search Google Scholar
Metadaten
Document Type:Part of a Book
Language:English
Author(s):Cornelia Woll
Editor(s):Rawi Abdelal, Mark Blyth, Craig Parsons
Parent Title (English):Constructing the International Economy
Publisher:Cornell University Press
Place of Publisher:New York
Publication year:2010
Publishing Institution:Hertie School
First Page:137
Last Page:154
Related URL:https://www.cornellpress.cornell.edu/book/9780801475887/constructing-the-international-economy/#bookTabs=1
ISBN:9780801475887
Release Date:2022/03/17
Licence of document (German):Metadaten / metadata
Verstanden ✔
Diese Webseite verwendet technisch erforderliche Session-Cookies. Durch die weitere Nutzung der Webseite stimmen Sie diesem zu. Unsere Datenschutzerklärung finden Sie hier.