The Politics of the International Pricing of Prescription Drugs

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Christopher Scott Harrison

Book Code: C8010

ISBN: 0-275-98010-3

ISBN-13: 978-0-275-98010-8

DOI:

224 pages, figures, tables

Praeger Publishers

Publication: 3/30/2004

List Price: $65.00 (UK Sterling Price: £37.95)

Availability: In Stock

Media Type: Hardcover

Trim Size: 6 1/8 X 9 1/4

Subjects:

Description: As Harrison explains, a new body of literature has developed to analyze the emergence of intellectual property as a major international trade issue. For many researchers, the inclusion of trade related intellectual property (TRIPS) into the Uruguay round of the General Agreement on Tariffs and trade (GATT) negotiations marks an important demonstration of the political influence of U.S. knowledge-intensive industries. However, as he demonstrates, a more thorough specification of the domestic political environment reveals that the research pharmaceutical industry was incapable of achieving its domestic policy objectives at the same time that it is credited with immense international political power. By providing a theory of institutional choice, Harrison reconciles this incongruity. He explains the strategic choices of the research pharmaceutical industry as a function of the transaction costs associated with pursuing its policy objectives within a variety of institutional alternatives. He concludes that he internationalization of intellectual property rights was a result of the changing domestic political environment in which the research pharmaceutical industry found itself the loser in a series of domestic economic policy battles. A thoughtful analysis of particular important to scholars, researchers, and policy makers involved with international trade, intellectual property, the pharmaceutical industry, and public policy.

Table of Contents:

List of Tables
List of Figures
Introduction
Theory
Intellectual Property and Public Goods
Domestic Politics: A History of the U.S. Research Pharmaceutical Industry
Domestic Politics: A Domestic Solution to an International Problem
International Politics: Bilateralism without Institutionalization
International Politics: Bilateralism with Institutionalization
International Politics: The Move Towards Multilateralism
Conclusion
Selected Bibliography

LC Card Number: 2003040372

LCC Class: HD9666

Dewey Class: 388


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