Showing 1 - 10 of 14,749
This paper investigates whether a regional bloc would enlarge or remain stagnant in size using a model where enlargement is the endogenous outcome of the interaction between the supply of and demand for membership. We show that a maximum size of the bloc exists beyond which the regional...
Persistent link: https://www.econbiz.de/10005263932
Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable "noodle bowl" in the future? The goal of this paper is to shed some light on this question. The results show that membership in the Asian RTAs...
Persistent link: https://www.econbiz.de/10005263990
The ever-growing number of preferential trade agreements (PTAs) is a prominent feature of international trade. The … World Trade Report 2011 describes the historical development of PTAs and the current landscape of agreements. It examines … why PTAs are established, their economic effects, and the contents of the agreements themselves. Finally it considers the …
Persistent link: https://www.econbiz.de/10009323689
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/10010294692
optimal level of integration are examined. Multilateralism and regionalism are concluded to be complements. …
Persistent link: https://www.econbiz.de/10010301234
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/10010326722
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/10010326780
multilateralism and regionalism in Brazilian foreign policy is analyzed in order to identify and understand Brazil's trade negotiation … multilateral approach with a two-speed regionalism. …
Persistent link: https://www.econbiz.de/10010330427
liberalism, may in fact be a direct consequence of the success of past multilateralism and an added guarantee for its survival. …
Persistent link: https://www.econbiz.de/10011608399
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/10010270234