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success of past multilateralism and an added guarantee for its survival. …
Persistent link: https://www.econbiz.de/10010958320
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
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
Using a detailed data set at the tariff line level, we find an emulator effect of multilateralism on subsequent …
Persistent link: https://www.econbiz.de/10008542754
Using a detailed data set at the tariff line level, we find an emulator effect of multilateralism on subsequent …
Persistent link: https://www.econbiz.de/10008468716
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
Globalization, multilateralism and regionalism are the most significant tendencies of today's world economy. Their …, multilateralism and regionalism has, however, changed markedly. Subsequently, their mutual relations have changed as well. Based upon … the study of New Regionalism, which leads towards more complex and open trade agreements, it seems that multilateralism …
Persistent link: https://www.econbiz.de/10005036316
This paper argues that the growing US trade de.cit has caused the decline of the WTO and the rise of regional trade agreements. A country in de.cit prefers to retain market power against countries with a large surplus. Multilateral cooperation restricts its choice. This notion is formalized in a...
Persistent link: https://www.econbiz.de/10005697664
Using a detailed data set at the tariff line level, we find an emulator effect of multilateralism on subsequent …
Persistent link: https://www.econbiz.de/10010746153