The Political Economy of Trade Policy: A Look at the Growth of the Hotel Services Industry in Uganda

35 Pages Posted: 14 Sep 2014

Date Written: November 20, 2013

Abstract

Trade Policy does not always follow sound economic theory. The outcome of trade policy formulation is determined by more factors than just economics, and this includes socio-political factors. One of the most important of these factors is the interests of the stakeholders involved in the policy formulation process. The private sector wields considerable influence if the right factors are in place, and can therefore direct the policy journey of a country, whether backed by economics or not. This study evaluates these dynamics and focuses on the hotel services industry in Uganda as an example of how the private sector has led both the growth of the industry, and the development of policy affecting the industry.

Keywords: International Trade Policy, Political Economy, Uganda, Trade in Services, Tourism, Hotel Services, Private Sector, Stakeholder Interests, Policy Formulation

JEL Classification: F13, F14, J50, P16, P26

Suggested Citation

Masiko, Timothy, The Political Economy of Trade Policy: A Look at the Growth of the Hotel Services Industry in Uganda (November 20, 2013). Available at SSRN: https://ssrn.com/abstract=2495758 or http://dx.doi.org/10.2139/ssrn.2495758

Timothy Masiko (Contact Author)

University of Nottingham ( email )

University Of Nottingham School Of Law
University Park
Nottingham, England NG7 2RD
United Kingdom

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