Regionalism vs Multilateralism: Does Regionalism challenge Globalization or build upon it?
نویسندگان
چکیده
منابع مشابه
Multilateralism versus Regionalism!?
The well-known question whether regional trade agreements (RTAs) and the multilateral trading system (MTS) are strangers, friends, or foes (Bhagwati and Panagariya, 1996) has gained new importance with the widespread proliferation of RTAs in recent years. Based on an extensive data set which covers most of world trade over the past 60 years and about 240 regional trade agreements, we analyze ...
متن کاملwww.econstor.eu Multilateralism versus Regionalism!?
The well-known question whether regional trade agreements (RTAs) and the multilateral trading system (MTS) are strangers, friends, or foes (Bhagwati and Panagariya, 1996) has gained new importance with the widespread proliferation of RTAs in recent years. Based on an extensive data set which covers most of world trade over the past 60 years and about 240 regional trade agreements, we analyze ...
متن کاملRegionalism versus Multilateralism
1687 Do the forces that regional integration arrangements set up encourage or discourage a trend toward globally freer trade? We don't know yet. Summary findings 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 int...
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This paper looks at multilateral processes in the ‘Asia-Pacific’ region and the impact of American foreign policy on them. The paper suggests that organizations like the AsiaPacific Economic Co-operation (APEC) forum have been made increasingly irrelevant as American policy becomes more bilateral and even unilateral, and as the very definition of the ‘Asia-Pacific’ becomes less certain as a con...
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Recent research has underlined the efficiency of the GATT/WTO rules from the standpoint of politically motivated governments, emphasizing that the current multilateral rules are capable of delivering a politically efficient equilibrium. Such an equilibrium is, however, economically inefficient. Global free trade, in particular, is generally unattainable even in a fully cooperative world, provid...
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ژورنال
عنوان ژورنال: RESEARCH REVIEW International Journal of Multidisciplinary
سال: 2021
ISSN: 2455-3085
DOI: 10.31305/rrijm.2021.v06.i03.001