This comprehensive book addresses one of the most important aspects of international trade, namely, regional trade and regional integration agreements (RIAs). The focus of intense global interest and debate over the last decade, RIAs have become an integral and enduring aspect of the...

This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...

Development, developing economies and the multilateral trade regime -- Necessity for a development round -- Special treatment and policy space for the developing economies in the multilateral trade regime -- The Fifth Ministerial Conference : the wheels come off at Cancún -- Enter the...

This book presents a critical analysis of the role of international institutions and their performance in terms of justification, effectiveness and efficiency. The authors begin by discussing the controversies surrounding the Tobin Tax in the context of global governance. They move on to address...