Excerpt
2021, Paper: "As trade barriers such as tariffs have been progressively removed in multilateral forums and preferential trade agreements, further trade liberalization requires changes that reach deeply into domestic regu-latory competency and territoriality. Anti-globalization activists often decry the erosion of sovereignty that such liberalization entails. This mingling of domestic and trade policy is termed intermestic and sug-gests that policy initiatives need to be cognizant of the concerns of both spheres. The intermestic nature of trade liberalization can com-plicate the policymaking environment. As a result, despite the good intentions of policymakers when trade agreements are signed, progress may be slower than was envisioned prior to a trade agreement com-ing into force. In some areas of policy, despite the cross-border nature of the issues, the development of policy is only notionally intermestic, while the reality is that policy development remains de facto domestic in response to territorially defined forces, or alternatively can be dom-inated by international initiatives where significant aterritorial forces stimulate cooperation.Provisions for...."
Non-HKS Author Website - William Kerr