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Author | : Jeffrey A. Frankel |
Publisher | : Peterson Institute |
Total Pages | : 392 |
Release | : 1997 |
Genre | : Business & Economics |
ISBN | : 9780881322026 |
Download Regional Trading Blocs in the World Economic System Book in PDF, ePub and Kindle
Covers trends from 1957 to 1995.
Author | : Jagdish N. Bhagwati |
Publisher | : MIT Press |
Total Pages | : 626 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : 9780262024501 |
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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.
Author | : |
Publisher | : World Bank Publications |
Total Pages | : 162 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : 9780195211283 |
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An examination of recent trends and shifts in trade policies, this study looks at the seemingly contradictory movements toward regionalism and integration.
Author | : Kerry A. Chase |
Publisher | : University of Michigan Press |
Total Pages | : 327 |
Release | : 2009-09-08 |
Genre | : Political Science |
ISBN | : 047202289X |
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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.
Author | : Bart Kerremans |
Publisher | : Routledge |
Total Pages | : 376 |
Release | : 2018-02-06 |
Genre | : Political Science |
ISBN | : 135173220X |
Download The Political Importance of Regional Trading Blocs Book in PDF, ePub and Kindle
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.
Author | : Mr.Qaizar Hussain |
Publisher | : International Monetary Fund |
Total Pages | : 26 |
Release | : 1998-06-01 |
Genre | : Business & Economics |
ISBN | : 1451850611 |
Download Trading Blocs and Welfare Book in PDF, ePub and Kindle
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.
Author | : Pravin Krishna |
Publisher | : Cambridge University Press |
Total Pages | : 89 |
Release | : 2005-08-01 |
Genre | : Business & Economics |
ISBN | : 1139443321 |
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Despite the successes achieved in liberalizing trade by multilateral trade negotiations sponsored by the World Trade Organization (WTO), numerous countries have separately negotiated preferential trade treaties with one another. Representing a significant departure from the WTO's central principle of non-discrimination among member countries, preferential trade blocs are the subject of an intense academic and policy debate. The first section of this 2005 book presents a rudimentary and intuitive introduction to the economics of preferential trade agreements. The following chapters present the author's theoretical and empirical research on a number of questions surrounding the issue of preferential trade agreements including the design of necessarily welfare-improving trade blocs, the quantitative (econometric) evaluation of the economic (welfare) impact of preferential trade liberalization, and the impact of preferential trade agreements and the multilateral trade system.
Author | : Penelope Hartland-thunberg |
Publisher | : Routledge |
Total Pages | : 139 |
Release | : 2019-09-18 |
Genre | : Political Science |
ISBN | : 1000009262 |
Download Trading Blocs, U.s. Exports, And World Trade Book in PDF, ePub and Kindle
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.
Author | : Kelly Bill |
Publisher | : GRIN Verlag |
Total Pages | : 59 |
Release | : 2014-09-15 |
Genre | : Business & Economics |
ISBN | : 3656742804 |
Download How Regional Trade Blocs affect Liberalisation of International Trade Book in PDF, ePub and Kindle
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. [...]
Author | : Mr.Jeffrey A. Frankel |
Publisher | : International Monetary Fund |
Total Pages | : 18 |
Release | : 1998-02-01 |
Genre | : Business & Economics |
ISBN | : 145184266X |
Download Open Regionalism in a World of Continental Trade Blocs Book in PDF, ePub and Kindle
Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to satisfy the McMillan criterion of not lowering trade volume with outside countries, they have to engage in a dramatic reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of simultaneous continental trade blocs, an open regionalism in which trade blocs undertake relatively modest external liberalization can usually produce Pareto improvement.