Download or read book The Impact of Regionalism on the Multilateral Trading Order written by Daniel Piazolo and published by . This book was released on 1995 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regionalism and the Multilateral Trading System written by OECD and published by OECD Publishing. This book was released on 2003-07-09 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compares rule-making provisions in regional trade agreements with those of the WTO in ten specific areas: services, labour mobility, investment, competition policy, trade facilitation, government procurement, intellectual property rights, contingency protection, environment and rules of origin.
Download or read book Regionalism versus Multilateralism written by L. Alan Winters and published by World Bank Publications. This book was released on 1999 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: November 1996 Do the forces that regional integration arrangements set up encourage or discourage a trend toward globally freer trade? We don't know yet. The literature on regionalism versus multilateralism is growing as economists and political scientists grapple with the question of whether regional integration arrangements are good or bad for the multilateral system. Are regional integration arrangements building blocks or stumbling blocks, in Jagdish Bhagwati's phrase, or stepping stones toward multilateralism? As economists worry about the ability of the World Trade Organization to maintain the GATT's unsteady yet distinct momentum toward liberalism, and as they contemplate the emergence of world-scale regional integration arrangements (the EU, NAFTA, FTAA, APEC, and, possibly, TAFTA), the question has never been more pressing. Winters switches the focus from the immediate consequences of regionalism for the economic welfare of the integrating partners to the question of whether it sets up forces that encourage or discourage evolution toward globally freer trade. The answer is, We don't know yet. One can build models that suggest either conclusion, but these models are still so abstract that they should be viewed as parables rather than sources of testable predictions. Winters offers conclusions about research strategy as well as about the world we live in. Among the conclusions he reaches: * Since we value multilateralism, we had better work out what it means and, if it means different things to different people, make sure to identify the sense in which we are using the term. * Sector-specific lobbies are a danger if regionalism is permitted because they tend to stop blocs from moving all the way to global free trade. In the presence of lobbies, trade diversion is good politics even if it is bad economics. * Regionalism's direct effect on multilateralism is important, but possibly more so is the indirect effect it has by changing the ways in which groups of countries interact and respond to shocks in the world economy. * Regionalism, by allowing stronger internalization of the gains from trade liberalization, seems likely to facilitate freer trade when it is initially highly restricted. * The possibility of regionalism probably increases the risks of catastrophe in the trading system. The insurance incentives for joining regional arrangements and the existence of shiftable externalities both lead to such a conclusion. So too does the view that regionalism is a means to bring trade partners to the multilateral negotiating table because it is essentially coercive. Using regionalism for this purpose may have been an effective strategy, but it is also risky. This paper - a product of the International Trade Division, International Economics Department - was prepared for a conference on regional integration sponsored by the Centre for Economic Policy Research, La Coru-a, Spain, April 26-27, 1996, and will appear in the conference proceedings.
Download or read book Rethinking the World Trade Order written by Mohammad F. A. Nsour and published by Sidestone Press. This book was released on 2010 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional Trade Agreements (RTAs) have proliferated at an unprecedented pace since the creation of the World Trade Organization (WTO). Although the WTO legally recognizes countries' entitlement to form RTAs, neither the WTO nor parties to RTAs have an unequivocal understanding of the relationship between the WTO and RTAs. In other words, the legal controversies, the result of uncertainty regarding the application of the WTO/GATT laws, risk undermining the objectives of the multilateral trade system. This research tackles a phenomenon that is widely believed to be heavily economic and political. It highlights the economic and political aspects of regionalism, but largely concentrates on the legal dimension of regionalism. The main argument of the book is that the first step to achieving harmony between multilateralism and regionalism is the identification of the legal uncertainties that regionalism produces when countries form RTAs without taking into account the substantive and procedural aspect of the applicable WTO/ GATT laws. The book calls for the creation of a legal instrument (i.e. agreement on RTAs) that combines all of the applicable law on RTAs, and simultaneously clarifies the legal language used therein. Likewise, the WTO should have a proactive role, not merely as a coordinator of RTAs, but as a watchdog for the multilateral system that has the power to prosecute violating RTAs. The author is aware that political concerns are top priorities for governments and policy makers when dealing with the regionalism problematic. Hence, legal solutions or proposals are not sufficient to create a better international trade system without the good will of the WTO Members who are, in fact, the players who are striving to craft more regional trade arrangements.
Download or read book Regionalism in Trade Policy written by Arvind Panagariya and published by World Scientific. This book was released on 1999 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade diversion and the creation of complicated and discriminatory tariff regimes with increased tariffs for non-member countries - the consequences of PTAs - are likely to undermine the multilateral trading system."--Jacket.
Download or read book Regionalism versus Multilateral Trade Arrangements written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2007-12-01 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no doubt that the open multilateral trading system after World War II was a key ingredient in the rapid economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically both in absolute terms and as a percentage of GNP. In the 1980s, however, preferential trading arrangements (PTAs) began to emerge as significant factors affecting world trade. This volume contains thirteen papers that analyze the tensions between multilateral trading systems and preferential trade arrangements and the impact of these tensions on East Asia. The first four chapters introduce PTAs conceptually and focus on the unique political issues that these agreements involve. The next five essays present more direct empirical analyses of existing PTAs and their economic effects, primarily in East Asia. The last four papers concentrate on the outcomes of individual East Asian nations' trading policies in specific instances of preferential agreements.
Download or read book Multilateralizing Regionalism written by Patrick Low and published by Cambridge University Press. This book was released on 2009-02-19 with total page 743 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of revised papers from the 'Multilateralizing Regionalism' conference, held at the WTO in September 2007.
Download or read book Multilateralism Or Regionalism written by Guido Glania and published by CEPS. This book was released on 2005 with total page 121 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book highlights the multifaceted effects of regional trade agreements and outlines the strategic options for EU trade policy. It points out what is new about this most recent phase of regionalism and analyzes the effects on economic welfare and trade transaction costs. The authors draw upon elements of game theory to explore a self-reinforcing mechanism that is resulting in a potentially damaging race for markets. They focus in particular on the multiple impacts of regionalism on the WTO and the multilateral trading order. The book arrives at an opportune time, as the Doha Round is reaching a critical phase.
Download or read book Regionalism Multilateralism and the Politics of Global Trade written by Donald Barry and published by UBC Press. This book was released on 1999 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume reflect the current debate about whether the new regionalism and interregional politics of the last decade support or undermine the global trading system. Political scientists and international relations scholars from North America examine the changing relationship between regionalism and multilateralism, and discuss the implications for national policy in the globalized economy. The essays are arranged into four categories covering regionalism, globalism, and the state; the dynamics of regional integration; interregional relations; and the policy implications, particularly for CanadaAnnotation copyrighted by Book News, Inc., Portland, OR
Download or read book Regionalism and the Multilateral Trading System written by and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regionalism and Its Place in the Multilateral Trading System written by Organisation for Economic Co-operation and Development and published by OECD. This book was released on 1996 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New Regionalism Tendencies and the Impact on World Trade written by Patrick Daum and published by GRIN Verlag. This book was released on 2012-04-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2011 in the subject Economics - International Economic Relations, grade: 1,3, language: English, abstract: Contents 1 Introduction 2 Multilateralism vs. Regionalism 2.1 Regional Trade Agreements - Types and Development 2.2 GATT Regulations 3 New Regionalism - Impact on World Trade 3.1 Positive vs. Negative Effects 3.2 Winners and Losers 3.3 NAFTA effects on the Mexican and the World economy 4 Conclusion 5 Bibliography In 2009 German exports totaled 816 billion Euros in value. (EU Observer, 2010).During the 20th century cross-border trade has become one of the defining parameters for many economies and their enterprises in order to achieve competitive advantages. In most countries international trade represents a significant share of the gross domestic product (see figure 1, p.5). Free trade policies have set the base for these global economic integration tendencies.This essay examines the desirability of regional economic integration in comparison to the multilateral trade approach promoted by the World Trade Organization (WTO). In specific it discusses the question whether regionalism encourages or discourages trends towards free trade on a global basis.
Download or read book Regionalism in Global Trade written by Dilip K. Das and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive book addresses one of the most important aspects of international trade, namely, regional trade and regional integration agreements (RIAs). The focus of intense global interest and debate over the last decade, RIAs have become an integr
Download or read book Multilateralism Versus Regionalism written by Meine Pieter van Dijk and published by Routledge. This book was released on 2005-06-28 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The completion of the Uruguay Round in April 1994 has not solved all the problems. The issue of regionalism versus multilateral agreements such as the Uruguay Round remains a crucial one, as is argued in the first five chapters of this volume. Successive chapters deal with specific issues such as green protectionism, technical standards, intellectual property rights protection, the effects of disarmament on international trade, the effects of abolishing the Multi-fibre Agreement and the external impact of the European Union's Common Agricultural Policy. The volume, on the whole, takes up where the newly created World Trade Organization will have to start.
Download or read book The Economics of Regional Trading Arrangements written by Richard W. T. Pomfret and published by Oxford University Press. This book was released on 2001 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regionalism became a major issue in international commercial diplomacy during the 1990s. The European Union's 1992 program, the formation of NAFTA, and attempts to form or strengthen regional trading arrangements in South America, southern Africa, and Southeast Asia were all viewed as challenges to the nondiscrimination principle that had been the cornerstone of the postwar international trading system. This book provides a unified analysis of policies which discriminate among trading partners, featuring ample treatments of both history and theory as well as a review of empirical studies.
Download or read book Regionalism Multilateralism and Economic Integration written by Gary P. Sampson and published by UNU. This book was released on 2003 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication considers whether regional trade agreements have led to a new form of economic co-operation, by promoting deeper integration in the regulatory structures of participating countries. An examination of recent experiences are found to show that, although there is no single model for deeper integration, regional trade agreements have generally more effective than more remote WTO procedures in facilitating trade and improving transparency. Regional processes and rules are found to have been consistent with the multilateral obligations of each party, with additional commitments in the regional agreements complementing WTO rules.
Download or read book Revisiting Regionalism and the Contemporary World Order written by Élise Féron and published by Verlag Barbara Budrich. This book was released on 2019-10-28 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book critically analyzes the ongoing changes in the regional, intra-regional, and global dynamics of cooperation, from a multi-disciplinary and pluralist perspective. It is based on the insight that in a post-hegemonic world the formation of regions and the process of globalization can be largely disconnected from the orbit of the US, and that a plurality of power and worldviews has replaced US hegemony. In spite of these changes, most existing analyses of current changes in the world order still rely upon Western-centered approaches, and Westphalian thinking. Against this backdrop, the book proposes to advance a truly global IR understanding of the post-hegemonic world, and weaves together the pluralist and multi-disciplinary perspectives of scholars located all around the world.
