Showing 1 - 10 of 138
regionalism can undermine support for multilateralism. Discriminatory trade policies alter the balance of gains and losses that …
Persistent link: https://www.econbiz.de/10010840678
The stumbling-bloc argument asserts that regionalism hinders MFN tariff cutting. If this was of first-order importance … for products where nations apply high MFN tariffs. One interpretation is that regionalism is neither a building nor a …
Persistent link: https://www.econbiz.de/10009421164
This paper examines the influence of regional integration on the demand for trade protection. Previous studies have suggested the a customs union reduces the pressures for trade restrictions, as national interest groups have less weight to influence a central trade authority than their own...
Persistent link: https://www.econbiz.de/10010840814
International trade in services has become more important in recent years as advances in technology have permitted new means of providing services across borders. Services have emerged as crucial economic activities in India, more prominently over the last decade. Apart from providing the bulk...
Persistent link: https://www.econbiz.de/10010840720
We will be asking ourselves whether the trading blocs created or renewed since the end of the 1980s favor the multilateralization of trade, and so constitute building or stumbling blocks with regard to trade flows. In a gravity model using panel data, we estimate a set of three regional dummies...
Persistent link: https://www.econbiz.de/10009421197
Infrastructure quality is a crucial determinant of trade. To assess the importance of regional infrastructure externalities, we use detailed overland transit information from an original road network database. Gravity model simulations suggest that an ambitious but feasible road upgrade could...
Persistent link: https://www.econbiz.de/10009393875
This paper argues that a China-Japan-Korea Free Trade Agreement (CJK FTA) will have large benefits to the three Northeast Asian countries and significant implications for global multilateral trade. However, several hurdles seem to make an expeditious completion of a CJK FTA, or even bilateral...
Persistent link: https://www.econbiz.de/10010840795
trade as regionalism overtakes multilateralism. The response has been that most of them are trying to get into one regional …
Persistent link: https://www.econbiz.de/10009415577
International economic integration has been a central policy goal for the Vietnam government since the doi moi reform was initiated in 1986. We explore the Vietnamese increasing integration into the world market and bouts of high inflation. Five price transmission models using three levels of...
Persistent link: https://www.econbiz.de/10011094120
Whether international economic integration arrangements result in a more liberal trade at the multilateral level cannot be proven with ease. Integration may start this process, but it may also reverse it. New mega-integration deals such as the Trans-Pacific Partnership, Regional Comprehensive...
Persistent link: https://www.econbiz.de/10011191485