The Consequences of Unfinished Institutions - Rising and Declining Powers in International Trade

This book examines the shifting dynamics of global trade governance in an era of uncertainty. Michael Sampson introduces a new framework to explain why rising powers like China have favoured flexible, low-detail agreements, while declining powers such as Japan seek comprehensive deals to preserve influence. Drawing on original analysis of trade arrangements, the book highlights how these competing strategies fuel conflict over institutions like the WTO and shape the future of international cooperation. The insights drawn are vital for scholars and policy makers navigating today’s fractured trade landscape.