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The well-known question whether regional trade agreements (RTAs) and the multilateral trading system (MTS) are "strangers, friends, or foes" (Bhagwati and Panagariya, 1996) has gained new importance with the widespread proliferation of RTAs in recent years. Based on an extensive data set which...
Persistent link: https://www.econbiz.de/10008561057
This paper argues that different types of trade liberalization { multilateral versus regional { may lead to different R&D and productivity levels of firms. Trade agreements between countries are modelled with a network: nodes represent countries and a link between the nodes indicates the...
Persistent link: https://www.econbiz.de/10011115038
regionalism while the WTO was otherwise occupied, and 3) 21st century regionalism has quite different implications for the world …-stumbling-block and Vinerian economics) is not up to the job of analysing 21st century regionalism. An alternative framework is not …
Persistent link: https://www.econbiz.de/10011115150
took in the liberalization agenda of the Mexican government with the multilateralism and regionalism policies. For this …
Persistent link: https://www.econbiz.de/10011189186
regionalism can undermine support for multilateralism. Discriminatory trade policies alter the balance of gains and losses that …
Persistent link: https://www.econbiz.de/10010840678
Previous studies on the impacts of free trade agreements (FTAs) in East Asia have assumed full utilization of preferences. The evidence suggests that this assumption is seriously in error, with the estimated uptake particularly low in East Asia. In this paper, we assume a more realistic...
Persistent link: https://www.econbiz.de/10010841114
this backdrop, Hufbauer expects regionalism to become the strongest vehicle for delivering liberalization in the future …
Persistent link: https://www.econbiz.de/10010954745
This paper develops three major themes. First, the atmosphere of gloom around the multilateral trading system due to dim prospects of a successful conclusion of the Doha Round notwithstanding, global trade regime remains open and the institution in charge of it, the World Trade Organization, is...
Persistent link: https://www.econbiz.de/10010954760
This paper develops three major themes. First, the atmosphere of gloom around the multilateral trading system due to dim prospects of a successful conclusion of the Doha Round notwithstanding, global trade regime remains open and the institution in charge of it, the World Trade Organization, is...
Persistent link: https://www.econbiz.de/10010956026
this backdrop, Hufbauer expects regionalism to become the strongest vehicle for delivering liberalization in the future …
Persistent link: https://www.econbiz.de/10010956074