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Trading Blocs
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Book Synopsis Trading Blocs by : Jagdish N. Bhagwati
Download or read book Trading Blocs written by Jagdish N. Bhagwati and published by MIT Press. This book was released on 1999 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent proliferation of free trade areas and customs unions in the world trading system has led to a revival of interest in the economic analysis of Preferential Trade Agreements (PTAs). The principal theoretical question of the 1950s and 1960s (Viner) was whether PTAs encourage or discourage the worldwide nondiscriminatory freeing of trade. The essays in this volume present the central contributions to the analytical approaches developed to examine these questions. -- 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 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists from Canada and Wales trace the relationship between the European Union and the Association of South East Asian Nations, highlighting the current and future position of trade relations. They contrast the organization-to-organization approach of the two with that of other blocs, discuss the institutional and policy changes they need in order to enhance their future trading relationship, and offer insights for other trade organizations.
Download or read book Trade Blocs written by and published by World Bank Publications. This book was released on 2000 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of recent trends and shifts in trade policies, this study looks at the seemingly contradictory movements toward regionalism and integration.
Book Synopsis Trading Blocs and Welfare by : Mr.Qaizar Hussain
Download or read book Trading Blocs and Welfare written by Mr.Qaizar Hussain and published by International Monetary Fund. This book was released on 1998-06-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses the three-country duopoly model to examine the effects of lowered trade barriers when a new entrant joins a trading bloc. There are two firms—a small-country firm and a large-country firm within the bloc—and three markets—two within and one (new entrant’s) outside the bloc. The analysis generally shows greater gains for the small-country than for the large-country firm. The small-country firm will export more to the external country than the large-country firm. But if tariffs decline, the export share of the large-country firm will increase relative to the small-country firm’s, though profits will improve more for the latter.
Book Synopsis Termites in the Trading System by : Jagdish Bhagwati
Download or read book Termites in the Trading System written by Jagdish Bhagwati and published by Oxford University Press. This book was released on 2008-07-14 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jagdish Bhagwati, the internationally renowned economist who uniquely combines a reputation as the leading scholar of international trade with a substantial presence in public policy on the important issues of the day, shines here a critical light on Preferential Trade Agreements, revealing how the rapid spread of PTAs endangers the world trading system. Numbering by now well over 300, and rapidly increasing, these preferential trade agreements, many taking the form of Free Trade Agreements, have re-created the unhappy situation of the 1930s, when world trade was undermined by discriminatory practices. Whereas this was the result of protectionism in those days, ironically it is a result of misdirected pursuit of free trade via PTAs today. The world trading system is at risk again, the author argues, and the danger is palpable. Writing with his customary wit, panache and elegance, Bhagwati documents the growth of these PTAs, the reasons for their proliferation, and their deplorable consequences which include the near-destruction of the non-discrimination which was at the heart of the postwar trade architecture and its replacement by what he has called the spaghetti bowl of a maze of preferences. Bhagwati also documents how PTAs have undermined the prospects for multilateral freeing of trade, serving as stumbling blocks, instead of building blocks, for the objective of reaching multilateral free trade. In short, Bhagwati cogently demonstrates why PTAs are Termites in the Trading System.
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 Trading Blocs, U.s. Exports, And World Trade by : Penelope Hartland-thunberg
Download or read book Trading Blocs, U.s. Exports, And World Trade written by Penelope Hartland-thunberg and published by Routledge. This book was released on 2019-09-18 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book points out that although the total trade volume of the blocs that involve less-developed countries (LDCs) has increased, this is due at least as much to a particular bloc-member's economic growth as it is a result of the trading bloc.
Book Synopsis Preferential Trade Agreement Policies for Development by : Jean-Pierre Chauffour
Download or read book Preferential Trade Agreement Policies for Development written by Jean-Pierre Chauffour and published by World Bank Publications. This book was released on 2011-06-22 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook offers an introduction to the key elements of Preferential Trade Agreements (PTAs), addressing the practical economic and legal aspects of the regulatory policies in PTAs.
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 How Regional Blocs Affect Excluded Countries by : Won Chang
Download or read book How Regional Blocs Affect Excluded Countries written by Won Chang and published by World Bank Publications. This book was released on 1999 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Price data on exports to Brazil from countries excluded from MERCOSUR show that preferential trading agreements hurt nonmember countries by compelling them to reduce their prices to meet competition from suppliers within the regional trading bloc.
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.
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 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 Trading Blocs by : Jagdish N. Bhagwati
Download or read book Trading Blocs written by Jagdish N. Bhagwati and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trading Blocs and Welfare by : R. Scott Hacker
Download or read book Trading Blocs and Welfare written by R. Scott Hacker and published by . This book was released on 2006 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses the three-country duopoly model to examine the effects of lowered trade barriers when a new entrant joins a trading bloc. There are two firms a small-country firm and a large-country firm within the bloc and three markets two within and one (new entrant`s) outside the bloc. The analysis generally shows greater gains for the small-country than for the large-country firm. The small-country firm will export more to the external country than the large-country firm. But if tariffs decline, the export share of the large-country firm will increase relative to the small-country firm`s, though profits will improve more for the latter.
