Endogenous free trade agreements and the multilateral trading system

2005 ◽  
Vol 67 (2) ◽  
pp. 471-497 ◽  
Author(s):  
Emanuel Ornelas
Keyword(s):  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Trading System ◽  
Multilateral Trading System ◽  
The Multilateral Trading System

scholarly journals Are Preferential Trading Arrangements Trade-Liberalizing or Protectionist?

1999 ◽  
Vol 13 (4) ◽  
pp. 105-124 ◽  
Author(s):  
Anne O Krueger
Keyword(s):  
Empirical Evidence ◽  
Free Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Trading System ◽  
Preferential Trade ◽  
Multilateral Trading System ◽  
Preferential Trading ◽  
Preferential Trading Arrangements

Preferential trade arrangements, and especially free trade agreements, have mushroomed in importance in the 1990s. This has revived research on the effects of these arrangements, both on the welfare of the member countries and those excluded, and on the momentum for further liberalization of the open multilateral trading system. This paper reviews the analyses and evidence to date as to these effects, showing that analytically anything can happen and that, to date, there has been insufficient experience to draw conclusions from empirical evidence.

scholarly journals Chinese Rationale for Free Trade Agreements

2012 ◽  
Author(s):  
Farrukh Kayani ◽  
Zhongxiu Zhao
Keyword(s):  
East Asia ◽  
Free Trade ◽  
East Asian ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Trading System ◽  
Government Interventions ◽  
Multilateral Trading System ◽  
The Government ◽  
East Asian Economies

In East Asia economic regionalism and Free Trade Agreements (FTAs) are proliferating at tremendous pace despite being the latecomer as compared to Americas and Europe. Proliferation of FTAs in East Asia started to spread after the Asian financial crisis of 1997. The East Asian economies were dissatisfied with the way the IMF handled the crisis, particularly in Thailand and Indonesia. Presently, about over 100 FTAs are at various stages of development in East Asia. China is also actively engaged in FTAs like the other East Asian neighboring countries for achieving multiple objectives. In this paper we analyzed the detailed reasons that why China is pursuing FTAs? Furthermore, it is said that FTAs may jeopardize the multilateral trading system. As FTAs undermine the WTO policy of maintaining a liberal, non discriminatory and multilateral trading system by supporting the government interventions and prudential controls. Thus we would also explore that whether FTAs are building or stumbling blocks?

Proliferation of Free Trade Agreements and Some Systemic Issues - In Relation to the WTO Disciplines and Development Perspectives

2008 ◽  
Vol 1 (1) ◽  
Author(s):  
Mitsuo Matsushita ◽  
Y.S. Lee
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Free Trade ◽  
World Trade ◽  
Major Part ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Trading System ◽  
The World ◽  
Common Interests

In recent decades, free trade agreements have been proliferated and have become a major part of the global trading system, along with the multilateral framework represented by the World Trade Organizations. This article discusses some of the major issues with FTA in relation to the WTO disciplines and also examines their implications for developing countries from the perspective of economic development. A global FTA network is proposed as a means to coordinate different, often conflicting rules among different FTAs and to promote common interests and concerns of developing countries.

scholarly journals Glossary on free trade agreements and health part 1: the shift from multilateralism and the rise of ‘WTO-Plus’ provisions

2021 ◽  
pp. jech-2020-215104
Author(s):  
Courtney L McNamara ◽  
Ronald Labonte ◽  
Ashley Schram ◽  
Belinda Townsend
Keyword(s):  
Public Health ◽  
Free Trade ◽  
World Trade ◽  
Free Trade Agreements ◽  
Trade Agreements ◽  
Trading System ◽  
Multilateral Trade ◽  
The World ◽  
New Challenges ◽  
Key Terms

The global trading system has undergone a shift away from multilateral trade negotiations to a ‘spaghetti-bowl’ of regional and bilateral free trade agreements (FTAs). In this two-part glossary, we discuss why this shift has occurred, focusing on how it poses new challenges for public health. Specifically, we introduce key terms that shape this new trading environment and explain them through a public health lens. Part 1 of this glossary focuses on provisions in FTAs that build on previous agreements of the World Trade Organization (WTO). These provisions are commonly designated as ‘WTO-Plus’. This approach continues into part 2 of the glossary, which also considers components of FTAs that have no precedent within WTO treaties. Following a broader discussion of how the current political context and the COVID-19 pandemic shape the contemporary trade environment, part 2 considers the main areas of trade and health policy incoherence as well as recommendations to address them.

scholarly journals THE EFFECTS OF MEGA-REGIONAL TRADE AGREEMENTS ON THE MULTILATERAL TRADING SYSTEM // EFEKTI MEGA-REGIONALNIH SPORAZUMA NA MULTILATERALNI TRGOVINSKI SUSTAV

2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Vlatka Bilas ◽  
Sanja Franc
Keyword(s):  
Emerging Economies ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Regional Trade ◽  
Trading System ◽  
Transatlantic Trade ◽  
Global Standards ◽  
Multilateral Trading System ◽  
Trade And Investment ◽  
The Multilateral Trading System

The aim of this study is to investigate the motives and effects of mega-regional trade agreements on the multilateral trading system using the example of Trans Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP). Multilateralism and regionalism, although opposite trends, coexist simultaneously. While many arguments can be given for both approaches one has to recognize that the number of regional trade agreements is increasing and that regionalism is becoming a prevailing trend. The response to the regional trade agreements, especially mega-regionals, will mostly depend upon the effect on the third countries’ trade interests. Since it is expected that, over time, many of the currently excluded emerging economies will become a part of some mega-regional agreement, it is not likely that new global standards and rules will be created on a strictly regional but rather on multilateral level.

Regional Trade Agreements in a Multilateral Trade Regime

2005 ◽  
Vol 40 (1) ◽  
pp. 27-48 ◽  
Author(s):  
Parthapratim Pal
Keyword(s):  
Building Blocks ◽  
Trade Agreements ◽  
Regional Trade Agreements ◽  
Regional Trade ◽  
Trading System ◽  
Multilateral Trading System ◽  
International Trading ◽  
World Trading System ◽  
Intense Debate ◽  
The Multilateral Trading System

One of the most striking developments in the world trading system since the mid 1990s has been the surge in Regional Trade Agreements (RTAs). From about 50 till 1990, the number of RTAs has crossed 250 in 2003. As trading within RTAs does not come under the purview of World Trade Organization (WTO), this explosive growth of regionalism is threatening to emerge as an alternative to the WTO led international trading system. This has initiated an intense debate among economists whether RTAs are “building blocks” or “stumbling blocks” of the multilateral trading system. In this backdrop, this paper traces the reasons behind this resurgent regionalism and surveys the literature on RTAs and its interaction with the multilateral trading system. This paper attempts to look at these issues from the perspective of a developing country.

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