Showing 1 - 10 of 459
This study provides a quantitative assessment of the implications of preferential trade liberalization by the North Atlantic economies. Emphasis is placed on the pattern of production and trade in North America and Western Europe, the pattern of import protection, and the likely trade and income...
Persistent link: https://www.econbiz.de/10005504458
of regionalism and of worldwide democratization since the late 1980s. …
Persistent link: https://www.econbiz.de/10011083505
forces might drive them, and what the WTO might do to guide them. Two facts form the point of departure: 1) Regionalism is … multilateralisation of regionalism. The paper presents the political economy logic of trade liberalisation and uses it to structure a … building blocs – whereby offshoring creates a force that encourages the multilateralisation of regionalism. Finally, the paper …
Persistent link: https://www.econbiz.de/10005067492
This Paper presents a survey of the literature on trade liberalization and globalization. The questions are why trade liberalization occurred, why trade liberalization took the form of reciprocity combined with multilateralism, why the liberalization allows for protectionist policies, and why...
Persistent link: https://www.econbiz.de/10005067625
We study the implications of customs union formation for multilateral tariff cooperation. We model cooperation in multilateral trade policy as self-enforcing, in that it involves balancing the current gains from deviating unilaterally from an agreed-upon trade policy against the future losses...
Persistent link: https://www.econbiz.de/10005656190
. Recent regionalism is caused by two idiosyncratic events multiplied by a domino effect. The triggering events <196> the US … by larger regional trading blocs. In the meantime regionalism appears to spread like wildfire. …
Persistent link: https://www.econbiz.de/10005661533
The Asian countries are once again focused on options for large, comprehensive regional integration schemes. In this paper we explore the implications of such broad-based regional trade initiatives in Asia, highlighting the bridging of the East and South Asian economies. We place emphasis on the...
Persistent link: https://www.econbiz.de/10005666767
The paper reviews the likely economic effects of the Regional Economic Partnership Agreements (REPAs) proposed by the EU to the ACP countries to succeed to the Lomé IV agreements. We argue that, in spite of some likely positive effects because of reciprocity and because of the North-South...
Persistent link: https://www.econbiz.de/10005666928
Economic thinking on regionalism has traditionally focused on the Vinerian question: Would a nation gain from joining a … trade bloc? Since 1991, "Big Think Regionalism" considers the broader question of regionalism’s impact on the world trading … system focusing on two questions: Does spreading regionalism harm world welfare? and Does regionalism help or hinder …
Persistent link: https://www.econbiz.de/10005666948
The stumbling-block argument asserts that regionalism hinders MFN tariff cutting. If this was of first-order importance … be low or zero for products where nations apply high MFN tariffs. One interpretation is that regionalism is neither a …
Persistent link: https://www.econbiz.de/10005667075