Skip to content
Register Sign in Wishlist

Investing in Protection
The Politics of Preferential Trade Agreements between North and South


  • Author: Mark S. Manger, London School of Economics and Political Science
  • Date Published: September 2009
  • availability: In stock
  • format: Paperback
  • isbn: 9780521748704

£ 31.99

Add to cart Add to wishlist

Other available formats:
Hardback, eBook

Looking for an inspection copy?

This title is not currently available on inspection

Product filter button
About the Authors
  • Since the early 1990s the world has seen an explosion of preferential trade agreements (PTAs) between North and South. Mark Manger argues that current North-South PTAs are not primarily about liberalizing exports as is usually assumed. Rather, they are driven by the needs of foreign direct investment. The interests of multinational firms in investing in developing countries converge with the desires of the host countries to attract foreign capital. Yet to be politically feasible in the developed country, North-South PTAs must discriminate against third countries. PTAs thus create a competitive dynamic between countries, as excluded firms lobby their governments to restore access to important investment locations, leading to yet more preferential agreements. Based on extensive research in Europe, Japan, and the Americas and interviews with decision-makers in governments and the private sector, this book offers a new perspective on the roles of the state and corporations in international trade.

    • Separate case studies of the negotiation of each agreement with overviews of liberalization outcomes in each case
    • The first detailed treatment of services liberalization in North-South PTAs - a new, understudied area of growing policy importance
    • Provides detailed links between firm strategies and lobbying objectives, allowing readers to link company strategy to policy outcomes
    Read more

    Reviews & endorsements

    'Manger skilfully illuminates how foreign direct investment and services – two critical dimensions of globalization greatly neglected in the political economy literature to date – have driven the profusion of preferential trading arrangements. His detailed case studies persuasively demonstrate how North-South preferential arrangements raise new barriers to cross-regional trade and investment, sidelining the cause of further trade liberalization in the World Trade Organization.' Kerry A. Chase, Brandeis University

    'Mark Manger presents an intriguing analysis of the proliferation of preferential trade agreements (PTAs) between rich and poor nations. He argues that an important source of such PTAs is the role of multinational corporations from the developed world who see the agreements as a way of getting privileged access to attractive investments in the developing nations. His argument is clear and convincing, and the examples used to illustrate it – drawn largely from the United States, Japan, and countries in Latin America – are most illuminating. Investing in Protection will be valuable to scholars and students of international trade generally, and of trade relations between developed and developing nations in particular.' Jeff Frieden, Harvard University

    'Mark Manger has gotten a jump-start with this compelling analysis of the numerous preferential trade agreements that have been negotiated between developed and developing countries since the setting of this benchmark by the North American Free Trade Agreement launched in 1994. Manger does not shy away from asking today's big questions: what is the impetus for these PTAs from both sides of the negotiating table? Are they trade-creating or trade-diverting? What effect are they having on trade negotiations in the multilateral arena? This book will be the key academic reference on this subject, as well as a rich resource for legislators and policymakers who seek to negotiate such agreements.' Carol Wise, University of Southern California

    'Investing in Protection … is an excellent piece of scholarship, as it deftly provides unique macro-level theoretical insights and supports them with illustrative micro-level case analysis. … Manger's book will be of great interest to those scholars who wish to further their understanding of the negotiating dynamics of North-South PTAs specifically, or the proliferation of these types of PTAs more generally. Given the well known findings on the impact of PTAs on reducing conflict, promoting democracy, and increasing trade, improving our understanding of the dynamics that lead to their creation becomes all the more important. With Investing in Protection, I believe Mark Manger has done just that.' Scott J. Cook, Review of International Organizations

    'Mark Manger has added a high-quality, original contribution to this literature and one with clear policy relevance.' John Odell, University of Southern California

    See more reviews

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity


    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?


    Product details

    • Date Published: September 2009
    • format: Paperback
    • isbn: 9780521748704
    • length: 284 pages
    • dimensions: 229 x 153 x 14 mm
    • weight: 0.46kg
    • contains: 26 tables
    • availability: In stock
  • Table of Contents

    1. Introduction
    2. Framework for analysis
    3. NAFTA – the original sin?
    4. Iberian ties: the EU-Mexico free trade agreement
    5. The odd couple: the Japan-Mexico free trade agreement
    6. The far side of the world: preferential trade agreements with Chile
    7. Japan's NAFTA route: preferential trade agreements with Malaysia and Thailand
    8. Conclusions and implications.

  • Author

    Mark S. Manger, London School of Economics and Political Science
    Mark S. Manger is Lecturer in the Department of International Relations at the London School of Economics. Prior to joining the LSE, he was Assistant Professor in the Department of Political Science at McGill University, and a research fellow in the Program on US-Japan Relations at the Weatherhead Center for International Affairs at Harvard University and at the Institute of Social Science at the University of Tokyo. He holds a PhD from the University of British Columbia.

Sign In

Please sign in to access your account


Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner Please see the permission section of the catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

Join us online

This site uses cookies to improve your experience. Read more Close

Are you sure you want to delete your account?

This cannot be undone.


Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

Please fill in the required fields in your feedback submission.