Showing 1 - 10 of 807
of regionalism and of worldwide democratization since the late 1980s. …
Persistent link: https://www.econbiz.de/10011083505
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
The paper argues that East Asian regionalism is fragile since (i) each nation's industrial competitiveness depends on …
Persistent link: https://www.econbiz.de/10005791727
Feedback mechanisms are the key to sequencing when it comes to regional integration. Feedback mechanisms can mean that today’s policy or institution alters the political economy landscape in a way that makes it politically optimal for future governments to take further steps towards...
Persistent link: https://www.econbiz.de/10008468652
Using a detailed data set at the tariff line level, we find an emulator effect of multilateralism on subsequent regional trade agreements involving the US. We exploit the variation in the frequency with which the US has granted immediate duty free access (IDA) to its Free Trade Area partners...
Persistent link: https://www.econbiz.de/10008468716
Are there systematic forces such that countries of different sizes participating in a free trade bloc gain differently from the entry of new members? If economies of scale imply that firms located in large countries enjoy lower costs, then the gains from enlarging the bloc will fall...
Persistent link: https://www.econbiz.de/10005124172
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
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