Regionalism in Trade Policy: Essays on P Arvind Panagariya

ISBN: 9789810238421

Published: October 27th 1999

Paperback

226 pages


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Regionalism in Trade Policy: Essays on P  by  Arvind Panagariya

Regionalism in Trade Policy: Essays on P by Arvind Panagariya
October 27th 1999 | Paperback | PDF, EPUB, FB2, DjVu, audiobook, mp3, ZIP | 226 pages | ISBN: 9789810238421 | 5.62 Mb

This collection of recently published essays by a leading critic of regionalism offers an assessment of the economic impact of preferential trade areas (PTAs) on member countries and the world. The first set of essays presents a theoretical analysisMoreThis collection of recently published essays by a leading critic of regionalism offers an assessment of the economic impact of preferential trade areas (PTAs) on member countries and the world. The first set of essays presents a theoretical analysis of the issues using simple economic models, and studies the relationship between regionalism and multilateralism.

Subsequent essays evaluate the role of PTAs in Asia, North America and Latin America. The general theme of the book is that, on balance, trade liberalization through PTAs is a mistake. Trade diversion and the creation of complicated and discriminatory tariff regimes with increased tariffs for non-member countries - the consequences of PTAs - are likely to undermine the multilateral trading system.



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