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Regionalism And The World Trading System


Regionalism And The World Trading System
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Regionalism And The World Trading System


Regionalism And The World Trading System
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Author : World Trade Organization. Secretariat
language : en
Publisher:
Release Date : 1995

Regionalism And The World Trading System written by World Trade Organization. Secretariat and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Customs unions categories.


A review of the principles and effects of customs unions, free trade areas and other regional integration agreements. Includes a bibliography and a table of all agreements notified to GATT from 1947 to 1994.



Regional Integration And The Global Trading System


Regional Integration And The Global Trading System
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Author : Kym Anderson
language : en
Publisher:
Release Date : 1993

Regional Integration And The Global Trading System written by Kym Anderson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Commerce categories.


Discusses questions surrounding the relationship between regional integration agreements and the global trading system. It has been revised following a conference at the GATT and forms part of the background material for a study in the GATT Secretariat's annual report, "International Trade".



Regionalism In Global Trade


Regionalism In Global Trade
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Author : Dilip K. Das
language : en
Publisher: Edward Elgar Publishing
Release Date : 2004-01-01

Regionalism In Global Trade written by Dilip K. Das and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Business & Economics categories.


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



Multilateralizing Regionalism


Multilateralizing Regionalism
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Author : Patrick Low
language : en
Publisher: Cambridge University Press
Release Date : 2009-02-19

Multilateralizing Regionalism written by Patrick Low and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-02-19 with Business & Economics categories.


A collection of revised papers from the 'Multilateralizing Regionalism' conference, held at the WTO in September 2007.



The World Trading System At The Crossroads


The World Trading System At The Crossroads
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Author : Peter Nunnenkamp
language : en
Publisher:
Release Date : 1993

The World Trading System At The Crossroads written by Peter Nunnenkamp and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with International trade categories.




Regionalism And The World Trading System


Regionalism And The World Trading System
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Author : Katsunori Masuda
language : en
Publisher:
Release Date : 1999

Regionalism And The World Trading System written by Katsunori Masuda and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.




Trade Regionalism In The Asia Pacific


Trade Regionalism In The Asia Pacific
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Author : Sanchita Basu Das
language : en
Publisher: ISEAS-Yusof Ishak Institute
Release Date : 2016-04-11

Trade Regionalism In The Asia Pacific written by Sanchita Basu Das and has been published by ISEAS-Yusof Ishak Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-11 with Business & Economics categories.


Asia has witnessed a proliferation of free trade agreements (FTAs) since the turn of the millennium. The first regional agreement — the ASEAN FTA — was transformed into the ASEAN Economic Community at the end of 2015. In the meantime, ASEAN forged five ASEAN+1 FTAs and began to negotiate a sixteen-member Regional Comprehensive Economic Partnership (RCEP) Agreement. In parallel, the U.S.-led Trans-Pacific Partnership (TPP), supporting U.S. foreign policy of “Pivot to Asia”, was broadly agreed in October 2015. The RCEP and the TPP are accompanied by other mega-regional integration processes developing elsewhere in the world, including the Transatlantic Trade and Investment Partnership for the European Union and the United States, and the Pacific Alliance among four Latin American member states. Meanwhile, APEC is also striving to meet its Bogor Goal targets and create a Free Trade Area of the Asia-Pacific. Each of these mega-regionals aims to achieve greater trade and investment liberalization and facilitation and more harmonized trade and investment rules so that all member economies can participate in the global value chain of production. Instead of undermining, these regional exercises can be building blocks for a more liberal global trading system supported by the World Trade Organization. This book ruminates on these regional agreements, their economic and strategic rationales and challenges during negotiations and afterwards. The book brings together eminent scholars and experts to deepen our understanding of the complex nature of the mega-regional trade agreements and their implications. It is useful both for the academic and research community and for policymakers who focus on trade and economic cooperation issues.



Regionalism And The Multilateral Trading System


Regionalism And The Multilateral Trading System
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Author : Organisation for Economic Co-operation and Development
language : en
Publisher: Organisation for Economic Co-operation and Development
Release Date : 2003-07-21

Regionalism And The Multilateral Trading System written by Organisation for Economic Co-operation and Development and has been published by Organisation for Economic Co-operation and Development this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-07-21 with Business & Economics categories.


Regional trade agreements (RTAs) are increasingly portrayed as a threat to the free global exchange of goods and services. They involve an ever-growing share of world trade. The proportion of world trade covered by such accords is expected to grow from 43% today to 55% in 2005, if all regional agreements now in discussion are actually put into place. Moreover, in the event of a log jam in the ongoing Doha round of multilateral trade talks under the WTO, many WTO members are ready to place even greater emphasis on regional initiatives. Against this backdrop, this study compares rule-making provisions in regional trade agreements with those of the WTO in individual chapters covering ten specific areas: services, labour mobility, investment, competition policy, trade facilitation, government procurement, intellectual property rights, contingency protection, environment, and rules of origin. Three main questions are addressed: How far do RTAs go beyond existing multilateral trade rules in the WTO? Do they present a divergence from or a convergence with the multilateral system? What are the effects on non-members? It emerges clearly from the ten papers that precisely because they are both a sub-set of liberalisation and an exception to the most-favoured-nation (MFN) principle, RTAs have both positive and negative impacts. How these positive and negative elements play out is, accordingly, a central theme of this study. The principal purpose of this book is to clarify the relationship between regionalism and the multilateral trading system. It also aims to provide an analytical framework for WTO members' ongoing consideration of how best to manage that relationship and how to foster the complementarities between RTAs and the multilateral system.



Regionalism In Trade Policy


Regionalism In Trade Policy
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Author : Arvind Panagariya
language : en
Publisher: World Scientific Publishing Company
Release Date : 1999-10-18

Regionalism In Trade Policy written by Arvind Panagariya and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-10-18 with Business & Economics categories.


The signing of the North American Free Trade Agreement (NAFTA) and recent expansions of the European Union have led to renewed efforts to create preferential trade areas (PTAs) around the world including Asia, Africa and Latin America. Because PTAs liberalize trade with union members but not the rest of the world, they are not necessarily a healthy development. By dividing the world into trade blocs, they also threaten to undermine the multilateral trading system. This collection of recently published essays by a leading critic of regionalism offers an assessment of the economic impact of PTAs on member countries and the world. The first set of essays present a theoretical analysis of the issues using simple economic models, and study the relationship between regionalism and multilateralism. Subsequent essays evaluate the role of PTAs in Asia, North America and Latin America. The general theme of the book is that, on balance, trade liberalization through PTAs is a mistake. 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. The book will be useful to academics as well as policy makers and policy analysts. Many of the essays have been featured in newspapers and journals such as the Financial Times, Economist, Journal of Commerce and International Herald Tribune. Some of these essays are already on many reading lists in the United States.



Regionalism Versus Multilateralism


Regionalism Versus Multilateralism
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Author : L. Alan Winters
language : en
Publisher: World Bank Publications
Release Date : 1999

Regionalism Versus Multilateralism written by L. Alan Winters and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.


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.