The Review of International Organizations

, Volume 5, Issue 4, pp 501–504 | Cite as

Mark S. Manger. 2009. Investing in Protection: The Politics of Preferential Trade Agreements between North and South (New York: Cambridge University Press)

  • Scott J. CookEmail author

Investing in Protection by Mark Manger (2009) is an excellent piece of scholarship, as it deftly provides unique macro-level theoretical insights and supports them with illustrative micro-level case analysis. The central question of interest is what explains the recent and rapid proliferation of North-South1 preferential trade agreements (PTAs)? Manger argues that this pattern is best explained by foreign direct investment (FDI). Developed states form PTAs with developing countries to increase the ability of domestic firms to benefit from FDI, while simultaneously restricting the ability of foreign competitors to use these states as export platforms. Other developed states respond to this ‘offensive’ action by forming their own ‘defensive’ PTAs with the developing state to protect their domestic firm’s sunk-cost investments. This theory represents a significant advancement in our understanding of this process, offering novel predictions for both general proliferation andthe specific...


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Copyright information

© Springer Science + Business Media, LLC 2010

Authors and Affiliations

  1. 1.Department of Political SciencePittsburghUSA

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