Beyond the Resource Curse? – Canada and the Case for Bilateral Trade Agreements

The IUP Journal of International Relations, Vol. VIII, No. 4, October 2014, pp. 7-23

Posted: 9 Sep 2015

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Date Written: September 9, 2015

Abstract

This paper examines the case of Canadian trade bilateralism through the lens of the resource curse. As a favored federal policy option for economic diversification, Canada’s bilateral trade agreements have underperformed even as energy exports continued to rise. Given Canada’s structural relationship with the global economy and the very low levels of diversification created by preferential trade agreements outside the NAFTA arrangement, there are a few strong arguments for an intensification of Canadian bilateralism. However, the political reasons for bilateral trade agreements are better than the economic ones. Even though Canada’s pattern of bilateral trade agreements to date does not suggest a coordinated attempt to unlock a specific region or strategic set of trading partners, a political stake in the current system pays dividends both in terms of diplomatic legitimacy as well as in the development of new templates for future agreements.

Suggested Citation

Froese, Marc D. and Publications, IUP, Beyond the Resource Curse? – Canada and the Case for Bilateral Trade Agreements (September 9, 2015). The IUP Journal of International Relations, Vol. VIII, No. 4, October 2014, pp. 7-23. Available at SSRN: https://ssrn.com/abstract=2657957

Marc D. Froese (Contact Author)

Burman University ( email )

6730 University Drive
Lacombe, Alberta T4L 2E5
Canada

IUP Publications

IUP ( email )

India

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