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This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...
Persistent link: https://www.econbiz.de/10013316371
scope to improve connectivity and increase their roles in regional and world trade networks …
Persistent link: https://www.econbiz.de/10012950403
We develop a novel two-stage methodology that allows us to study the empirical determinants of the ex post effects of past free trade agreements (FTAs) as well as obtain ex ante predictions for the effects of future FTAs. We first identify 908 unique estimates of the effects of FTAs on different...
Persistent link: https://www.econbiz.de/10012977471
the “coherence gap” in global governance. This paper examines the contribution that the WTO can make in its three areas of … argument that could be made for the use of WTO-triggered trade actions to enforce cooperative behaviour towards rebalancing …
Persistent link: https://www.econbiz.de/10013315818
We revisit the question of the quantitative benefits of WTO trade agreements in a setup that is non-standard from the …
Persistent link: https://www.econbiz.de/10013025504
This paper analyzes the appropriate sequencing between accession to the World Trade Organization (WTO) and the … implementation of the Eurasian Economic Community (EAEC) customs union and whether the latter facilitates or delays WTO accession for … WTO accession, this may cause delays that benefit some countries at the expense of others. The paper simulates the welfare …
Persistent link: https://www.econbiz.de/10013212325
In February 2016, twelve Pacific Rim countries signed the agreement on the Trans Pacific Partnership (TPP), one of the largest and most comprehensive trade deals in history. While there are several estimates of the likely effects of the TPP, there is no systematic study on the effects on all...
Persistent link: https://www.econbiz.de/10012977870
Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high …
Persistent link: https://www.econbiz.de/10013317319
While “mega FTAs” and WTO-driven efforts at multilateral liberalisation dominate the agenda, customs unions (CU) are … the silent success story of regional integration. Throughout the world, CUs have been superseding earlier FTAs, as new …
Persistent link: https://www.econbiz.de/10012986938
world. This raises the issue of the relationship between economic and political integration. The theoretical model shows … that, in an insecure world, the interplays between security and economic forces shape the decision to form a regional …
Persistent link: https://www.econbiz.de/10013317345