Shaping Nations and Markets

Identity Capital, Trade, and the Populist Rage

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Shaping Nations and Markets employs a mixed methods approach to contend that economic ideas, organization of domestic interests and their economic power, asymmetries of information, and political institutions do not sufficiently explain the formation of national interests in processes of trade liberalization.The author proposes that something is missing-identity capital-which also empowers economic sectors that share either liberalizing or protectionist interests. Identity capital is an economic sector's contribution to the stability of a national identity narrative; it correlates with the deg...