Multilateralizing Regionalism

Author : Patrick Low
Publisher : Cambridge University Press
ISBN 13 : 0521506018
Total Pages : 743 pages
Book Rating : 4.14/5 ( download)

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Download or read book Multilateralizing Regionalism written by Patrick Low and published by Cambridge University Press. This book was released on 2009-02-19 with total page 743 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of revised papers from the 'Multilateralizing Regionalism' conference, held at the WTO in September 2007.

Author : Richard Baldwin
Publisher :
ISBN 13 : 9789287046666
Total Pages : 742 pages
Book Rating : 4.62/5 ( download)

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Download or read book Multilateralizing Regionalism written by Richard Baldwin and published by . This book was released on 2009 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional trade agreements (RTAs) have proliferated around the world in the past two decades, and now nearly all members of the WTO are party to at least one. Besides tariffs and rules of origin regulating trade in goods, many RTAs now include provisions on services, investments, technical barriers to trade and competition rules, as well as a host of issues not directly related to trade. The geographic reach of RTAs is expanding, with transcontinental agreements spreading forcefully alongside intra-regional agreements. 'Multilateralizing Regionalism' was the title of a major conference held from 10-12 September 2007 at the WTO in Geneva. Brought together in this publication, the conference papers achieve two things. First, they marshall detailed, new empirical work on the nature of the 'Spaghetti Bowl' and the problems it poses for the multilateral trade system. Second, they contribute fresh and creative thinking on how to 'tame the tangle' of regional trade agreements.

Author : L. Alan Winters
Publisher : World Bank Publications
ISBN 13 : 9703111149
Total Pages : 76 pages
Book Rating : 4.45/5 ( download)

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Download or read book Regionalism versus Multilateralism written by L. Alan Winters and published by World Bank Publications. This book was released on 1999 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: November 1996 Do the forces that regional integration arrangements set up encourage or discourage a trend toward globally freer trade? We don't know yet. The literature on regionalism versus multilateralism is growing as economists and political scientists grapple with the question of whether regional integration arrangements are good or bad for the multilateral system. Are regional integration arrangements building blocks or stumbling blocks, in Jagdish Bhagwati's phrase, or stepping stones toward multilateralism? As economists worry about the ability of the World Trade Organization to maintain the GATT's unsteady yet distinct momentum toward liberalism, and as they contemplate the emergence of world-scale regional integration arrangements (the EU, NAFTA, FTAA, APEC, and, possibly, TAFTA), the question has never been more pressing. Winters switches the focus from the immediate consequences of regionalism for the economic welfare of the integrating partners to the question of whether it sets up forces that encourage or discourage evolution toward globally freer trade. The answer is, We don't know yet. One can build models that suggest either conclusion, but these models are still so abstract that they should be viewed as parables rather than sources of testable predictions. Winters offers conclusions about research strategy as well as about the world we live in. Among the conclusions he reaches: * Since we value multilateralism, we had better work out what it means and, if it means different things to different people, make sure to identify the sense in which we are using the term. * Sector-specific lobbies are a danger if regionalism is permitted because they tend to stop blocs from moving all the way to global free trade. In the presence of lobbies, trade diversion is good politics even if it is bad economics. * Regionalism's direct effect on multilateralism is important, but possibly more so is the indirect effect it has by changing the ways in which groups of countries interact and respond to shocks in the world economy. * Regionalism, by allowing stronger internalization of the gains from trade liberalization, seems likely to facilitate freer trade when it is initially highly restricted. * The possibility of regionalism probably increases the risks of catastrophe in the trading system. The insurance incentives for joining regional arrangements and the existence of shiftable externalities both lead to such a conclusion. So too does the view that regionalism is a means to bring trade partners to the multilateral negotiating table because it is essentially coercive. Using regionalism for this purpose may have been an effective strategy, but it is also risky. This paper - a product of the International Trade Division, International Economics Department - was prepared for a conference on regional integration sponsored by the Centre for Economic Policy Research, La Coru-a, Spain, April 26-27, 1996, and will appear in the conference proceedings.

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264101373
Total Pages : 166 pages
Book Rating : 4.71/5 ( download)

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Download or read book Regionalism and the Multilateral Trading System written by OECD and published by OECD Publishing. This book was released on 2003-07-09 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compares rule-making provisions in regional trade agreements with those of the WTO in ten specific areas: services, labour mobility, investment, competition policy, trade facilitation, government procurement, intellectual property rights, contingency protection, environment and rules of origin.

Author : Patrick Low
Publisher :
ISBN 13 : 9781139190183
Total Pages : 743 pages
Book Rating : 4.80/5 ( download)

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Download or read book Multilateralizing Regionalism written by Patrick Low and published by . This book was released on 2014-05-14 with total page 743 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of revised papers from the 'Multilateralizing Regionalism' conference, held at the WTO in September 2007.

Author : Riccardo Faini
Publisher : Springer
ISBN 13 : 1349255025
Total Pages : 259 pages
Book Rating : 4.23/5 ( download)

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Download or read book Multilateralism and Regionalism after the Uruguay Round written by Riccardo Faini and published by Springer. This book was released on 1997-07-13 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book deals with both the short and the long-run effects of the Uruguay Round: the reduction in the obstacles to trade, the enlargement of the multilateral system, the new institutional framework and the balance between regionalism and multilateralism in world trade relations. Its conclusions are based on theory, political economy and empirical analysis.

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.41/5 ( download)

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Download or read book Regionalism and the Multilateral Trading System written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Oliver Gätgens
Publisher : GRIN Verlag
ISBN 13 : 365626080X
Total Pages : 49 pages
Book Rating : 4.06/5 ( download)

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Download or read book Multilateralizing Regionalism - Discussing Trade Forms in Europe written by Oliver Gätgens and published by GRIN Verlag. This book was released on 2012-08-21 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2011 in the subject Economics - Micro-economics, grade: 2,0, Christian-Albrechts-University of Kiel (Institut für Volkswirtschaftslehre), course: Economics of European Integration, language: English, abstract: In chapter two we saw three main effects of trade liberalization: Juggernaut, domino and race to the bottom. The multilateral Juggernaut effect uses the principle of reciprocity to explain that a final tariff of zero is possible when all goods are traded and negotiation is held long enough. Domino effects on a regional base occur, when countries find it political optimal to lower the tariffs which they earlier found to be protect worthy. An early participation in the RTA prohibits from losing connection in inter-national manufacturing diversion. Domino hereby means that outsider want to join, when other countries previously joined. This leads to the basic assumption: Be the first and be the biggest company to gain cost advantages. Smaller companies will exit through import com-petitors. Unilateral race to the bottom tariff cutting is relevant to Asia and is motivated by the wish to participate from out sourced workload of devel-oped countries...

Author : Robert Z. Lawrence
Publisher : Brookings Institution Press
ISBN 13 : 9780815722991
Total Pages : 202 pages
Book Rating : 4.90/5 ( download)

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Download or read book Regionalism, Multilateralism, and Deeper Integration written by Robert Z. Lawrence and published by Brookings Institution Press. This book was released on 2000-07-26 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decade, international economic liberalization has been pursued through both multilateral and regional arrangements. In the Uruguay Round, more than one hundred governments pledged their commitment to greater open trade in goods and services, and established new rules under the enforcement of the World Trade Organization. At the same time, however, many regional arrangements have been negotiated--including the European Union and the North American Free Trade Agreement. Nonetheless, controversy still rages about these arrangements. Are regional arrangements stumbling blocks or, in fact building blocks for a more integrated and successful international economy? In this book, Robert A. Lawrence addresses this question and explains both sides of the debate. A volume of Brookings' Integrating National Economies Series

Author : Gary P. Sampson
Publisher : UNU
ISBN 13 :
Total Pages : 390 pages
Book Rating : 4.93/5 ( download)

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Download or read book Regionalism, Multilateralism, and Economic Integration written by Gary P. Sampson and published by UNU. This book was released on 2003 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication considers whether regional trade agreements have led to a new form of economic co-operation, by promoting deeper integration in the regulatory structures of participating countries. An examination of recent experiences are found to show that, although there is no single model for deeper integration, regional trade agreements have generally more effective than more remote WTO procedures in facilitating trade and improving transparency. Regional processes and rules are found to have been consistent with the multilateral obligations of each party, with additional commitments in the regional agreements complementing WTO rules.