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The Political Importance Of Regional Trading Blocs
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Book Synopsis The Political Importance of Regional Trading Blocs by : Bart Kerremans
Download or read book The Political Importance of Regional Trading Blocs written by Bart Kerremans and published by Routledge. This book was released on 2018-02-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2000. This text addresses concerns about regional trade agreements. From a variety of political and economic angles, it explains the emergence of trade blocs, their internal policies and politics, and their effects on global trade. It does not provide sequential descriptions and analyses of each of the world's major trading blocs. The focus here is on a number of causal factors that help explain the emergence of trading blocs and the development of their relations to and effects on the multilateral trading system. In each chapter, attempts have been made to draw theoretical and case-based generalizations that may apply to other trade blocs than the used in the empirical analyses.
Book Synopsis The Political Importance of Regional Trading Blocs by : Bart Kerremans
Download or read book The Political Importance of Regional Trading Blocs written by Bart Kerremans and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "This title was first published in 2000. This text addresses concerns about regional trade agreements. From a variety of political and economic angles, it explains the emergence of trade blocs, their internal policies and politics, and their effects on global trade. It does not provide sequential descriptions and analyses of each of the world's major trading blocs. The focus here is on a number of causal factors that help explain the emergence of trading blocs and the development of their relations to and effects on the multilateral trading system. In each chapter, attempts have been made to draw theoretical and case-based generalizations that may apply to other trade blocs than the used in the empirical analyses."--Provided by publisher.
Book Synopsis Regional Trading Blocs in the World Economic System by : Jeffrey A. Frankel
Download or read book Regional Trading Blocs in the World Economic System written by Jeffrey A. Frankel and published by Peterson Institute. This book was released on 1997 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers trends from 1957 to 1995.
Download or read book Trading Blocs written by Kerry A. Chase and published by University of Michigan Press. This book was released on 2009-09-08 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global commerce is rapidly organizing around regional trading blocs in North America, Western Europe, Pacific Asia, and elsewhere--with potentially dangerous consequences for the world trading system. Professor Kerry Chase examines how domestic politics has driven the emergence of these trading blocs, arguing that businesses today are more favorably inclined to global trade liberalization than in the past because recent regional trading arrangements have created opportunities to restructure manufacturing more efficiently. Trading Blocs is the first book to systematically demonstrate the theoretical significance of economies of scale in domestic pressure for trading blocs, and thereby build on a growing research agenda in areas of political economy and domestic politics. "Chase has written a superb book that provides us with an innovative and compelling explanation for the development of trading blocs." --Vinod Aggarwal, Director, Berkeley APEC Study Center, University of California, Berkeley Kerry A. Chase is Assistant Professor of Political Science at Tufts University.
Book Synopsis Regional Trading Blocs in the Global Economy by : May T. Yeung
Download or read book Regional Trading Blocs in the Global Economy written by May T. Yeung and published by Edward Elgar Publishing. This book was released on 1999-01-01 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asia–Pacific Rim is still potentially one of the most dynamic areas of the global economy, and the European Union (EU) is the world’s most prosperous market. The development of relations between the EU and Association of South East Asian Nations (ASEAN) is vitally important for the future economic evolution of both regions. This book traces the relationship between the EU and ASEAN, considering the current and future position of trade relations.
Book Synopsis How Regional Trade Blocs affect Liberalisation of International Trade by : Kelly Bill
Download or read book How Regional Trade Blocs affect Liberalisation of International Trade written by Kelly Bill and published by GRIN Verlag. This book was released on 2014-09-15 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2011 in the subject Business economics - Trade and Distribution, grade: B+, Stanford University, language: English, abstract: A trade bloc is a preferential trade agreement between a range of nations, aimed at significantly reducing or removing trade barriers within the member states. Regional trade blocs are formed by neighbouring countries or countries that are in close proximity to each other. The two key features of a trade bloc is that (1) it involves a cutback or abolition of obstacles to trade, and (2) the trade liberalisation that is attained through the trade bloc is discriminatory in purview of the fact that it is applicable only to the member states of the trade bloc and non-member countries are shown prejudice in their dealings with members of the trade bloc. The first aspect of trade blocs above is in line with the mission of the World trade Organisation (WTO) and its antecedent, the General Agreement on Tariffs and Trade (GATT). The principle of Non-discrimination under the GATT stipulates that no member state shall show prejudice between GATT members during the operations of world trade. In the same magnitude, the WTO offers an environment for negotiating agreements that are focused on reducing barriers to international trade and making sure that trade is carried out on a basis of openness, thus contributing to economic growth as well as development. Notably, although trade blocs have different structures, they are premised on the same objective, that is, to lessen trade barriers among member states. The second aspect of trade blocs however seems to be in conflict with the motive of the GATT/WTO system. The preamble of the GATT is very clear on promoting non-discrimination in international trade by reinforcing the need for reciprocal and equally advantageous arrangements focused on substantial cutbacks in tariffs and other obstacles to trade and to the abolition of discriminatory treatment in international trade. Equally, under the WTO as well as under its predecessor, the GATT, trade discrimination is promoted through the use of the principles of the Most-Favoured-Nation (MFN) that requires treatment of other people equally as pertains to trade and the principle of National Treatment which stipulates that foreigners and locals should be treated equally in trade matters. The above overview of regional trading blocs implies that different opinions can be stated regarding how trading blocs affect liberalisation of trade. [...]
Book Synopsis Trade and Globalization by : David A. Lynch
Download or read book Trade and Globalization written by David A. Lynch and published by Rowman & Littlefield Publishers. This book was released on 2010-08-16 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional trade agreements (RTAs) are not new, but their complexity and importance in global economics and politics has grown exponentially in the past two decades. Tackling this daunting proliferation head on, this book provides a much-needed guide to RTAs. Setting current regional agreements in their economic, political, and historical context, David A. Lynch describes and compares every significant RTA, region by region. He clearly explains their intricate inner workings, their webs of collaboration and conflict, and their primary goals and effectiveness. Lynch's deeply knowledgeable study bridges the ideological divides in scholarly and public debate, including economists' emphases on markets and efficiency versus antiglobalization activists' concerns over inequality and social ills. By building a middle ground between micro and macro analysis and clarifying technical terminology, this concise and accessible book will be an invaluable reference for all readers.
Book Synopsis Regional Trade Blocs, Multilateralism and the GATT by : Till Geiger
Download or read book Regional Trade Blocs, Multilateralism and the GATT written by Till Geiger and published by Burns & Oates. This book was released on 1996 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributions to this broad-ranging volume provide a political economy and policy-analysts' perspective on the potential conflict between regional economic integration and multilateral international trade at the end of the Uruguay Round. It will be of interest to all those concerned with issues of international trade and integration.
Book Synopsis Regionalism in Global Trade by : Dilip K. Das
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
Book Synopsis New Regional Trading Arrangements in the Asia Pacific? by : Robert Scollay
Download or read book New Regional Trading Arrangements in the Asia Pacific? written by Robert Scollay and published by Peterson Institute. This book was released on 2001 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the choices the Asia-Pacific community will face if it proceeds further down the path of developing preferential regional trading arrangements? Fragmentation of the region into preferential trading arrangements on a bilateral or subregional basis promises relatively little economic gain and considerable risk of increased trade conflict. Larger preferential trading blocs, spanning the whole of East Asia, the Western Pacific, or the APEC membership, offer greater potential economic benefits but also face formidable political obstacles. In this study, Scollay and Gilbert weigh the economic consequences of the increased use of preferential trading arrangements in the Asia-Pacific region, whether these develop on the basis of trans-Pacific cooperation or solely within the East Asian or Western Pacific sub-regions. They evaluate the economic effects of both the existing proposals for new bilateral and multilateral agreements and of more far-reaching developments involving the creation of a substantial trading bloc or blocs in the region. Comparisons between the economic effects of establishing such bloc(s) in the region and the effects of achieving APEC's Bogor goals on the basis of "open regionalism" suggest that the latter approach continues to offer a worthwhile alternative. The study demonstrates that the benefits of global free trade dominate those available from establishment of any combination of major blocs or from APEC's "open regionalism".
Book Synopsis The Regionalization of the World Economy by : Jeffrey A. Frankel
Download or read book The Regionalization of the World Economy written by Jeffrey A. Frankel and published by University of Chicago Press. This book was released on 2007-12-01 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.
Book Synopsis The Growth of Regional Trading Blocs in the Global Economy by : Richard S. Belous
Download or read book The Growth of Regional Trading Blocs in the Global Economy written by Richard S. Belous and published by . This book was released on 1990 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rethinking the World Trade Order by : Mohammad F. A. Nsour
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.
Book Synopsis The Economics of Regional Trading Arrangements by : Richard W. T. Pomfret
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 1997-10-16 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Regional Trading Arrangements provides a unified analysis of policies which discriminate among trading partners. Regionalism became a major issue in international commercial diplomacy during the early 1990s. The proliferation of RTAs was viewed by some as a challenge, and by others as a complement, to the establishment of the World Trade Organization as the successor to GATT. This book analyses the new RTAs. It situates them in the broader realm of discriminatory trade polices for which there is a well-defined body of theory and empirical studies, before asking whether the new regionalism requires new theoretical analysis. The approach is to combine in roughly equal proportions history, theory, and a review of empirical studies. This is appropriate given the key theoretical result is the welfare ambiguity of discriminatory trade policy changes. Empirical studies can provide a sense of which of the potentially offsetting effects are more or less important. Since some effects may take a long time to have their full impact and may be systemic, it is also useful to observe how RTAs have evolved in practice.
Book Synopsis Regionalism and the Multilateral Trading System by :
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:
Book Synopsis Regionalism versus Multilateral Trade Arrangements by : Takatoshi Ito
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 Trade Blocs? written by Vincent Cable and published by Brookings Institution Press. This book was released on 1994 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regionalism has gained a new prominence with the creation of the NAFTA and APEC and the enlargement and deepening of the EC. Divergent views fuel the debate over whether regional integration is beneficial and whether it advances or slows global integration through GATT. Trade Blocs? sets forth the latest thinking about regionalism. Alasdair Smith summarizes strategic trade theory applicable to regional integration, focusing on imperfect competition and growth. Jim Rollo addresses enlargement in relation to the newly liberalizing economies of Eastern Europe. Masami Yoshida, Ichiro Akimune, Masayuki Mohara and Kimitoshi Sato trace Asian regionalism, which works despite the absence of formal intergovernmental structures. Regional integration is now concerned with much more than trade. Stephen Thomsen looks at evolving corporate structures and investment. Benn Steil illustrates the dilemmas of harmonization in the financial services sector. David Currie and John Whitley discuss the benefits of closer European economic union, in particular, greater policy convergence. Finally, David Henderson puts the whole 'trade blocs' debate into a wider policy perspective.
