Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to … reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of … simultaneous continental trade blocs, an open regionalism in which trade blocs undertake relatively modest external liberalization …

lower than under the MFN status quo. Estimates from the gravity model suggest the world system may already be in the super …

Fears that globalization necessarily hurts the environment are not well-founded. A survey reveals little statistical …

Globalization of trade and finance has gone a long way over the last half-century. But it is less impressive than most … international integration. The paper documents the extent of globalization, and some reasons for the barriers that remains. It then … environment. The conclusion is that globalization is not the primary obstacle to efforts to address such concerns …

sub-standard economic performance. They are: long-term trends in world commodity prices, volatility, crowding out of …

Using the gravity model, we find evidence of three continental trading blocs: the Americas, Europe and Pacific Asia …. Krugman has supplied an argument against a three-bloc world, assuming no transport costs, and another argument in favor …