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Author: World Trade Organization. Secretariat
Publisher:
ISBN:
Category : Customs unions
Languages : en
Pages : 104
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Book Description
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.
Author: World Trade Organization. Secretariat
Publisher:
ISBN:
Category : Customs unions
Languages : en
Pages : 104
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Book Description
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.
Author: Mohammad F. A. Nsour
Publisher: Sidestone Press
ISBN: 9088900361
Category : History
Languages : en
Pages : 378
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Book Description
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.
Author: Dilip K. Das
Publisher: Edward Elgar Publishing
ISBN: 9781845421458
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
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
Author: Patrick Daum
Publisher: GRIN Verlag
ISBN: 3656181500
Category : Business & Economics
Languages : en
Pages : 20
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Book Description
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.
Author: Patrick Low
Publisher: Cambridge University Press
ISBN: 0521506018
Category : Business & Economics
Languages : en
Pages : 743
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Book Description
A collection of revised papers from the 'Multilateralizing Regionalism' conference, held at the WTO in September 2007.
Author: Antoni Estevadeordal
Publisher: Cambridge University Press
ISBN: 0521760844
Category : Business & Economics
Languages : en
Pages : 541
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Book Description
This book describes the rules governing regional trade agreements, providing new insights into the interplay between regional and multilateral trade rules.
Author: Richard E. Baldwin
Publisher: Centre for Economic Policy Research
ISBN:
Category : Business & Economics
Languages : en
Pages : 88
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Book Description
"This book is based on a 10-13 September 2007 conference in Geneva that was jointly organized by the Graduate Institute of International Studies, Geneva, and the WTO Secretariat with the help of CEPR."--Acknowledgements.
Author: L. Alan Winters
Publisher: World Bank Publications
ISBN: 9703111149
Category :
Languages : en
Pages : 76
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Book Description
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.
Author: T. N. Srinivasan
Publisher:
ISBN:
Category : International trade
Languages : en
Pages : 29
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Book Description
Author: Donald Barry
Publisher: UBC Press
ISBN: 0774807512
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
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
