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Recent Regional Agreements: Why So Many, Why So Much Variance in Form, Why Coming So Fast, and Where Are They Headed?

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  • John Whalley

Abstract

Recent years have seen a sharp growth in the number of regional agreements both concluded and under negotiation. This paper attempts to document and discuss this growth focusing on US, EU, Chinese, Indian and other agreements. The form, coverage and content of these agreements vary considerably from case to case. The paper asks why so many, why the variation in form, and why the recent acceleration. Implications for the trading system are discussed in a final section. Copyright 2008 The Author.

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Bibliographic Info

Article provided by Wiley Blackwell in its journal World Economy.

Volume (Year): 31 (2008)
Issue (Month): 4 (04)
Pages: 517-532

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Handle: RePEc:bla:worlde:v:31:y:2008:i:4:p:517-532

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References

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  1. Agata Antkiewicz & John Whalley, 2006. "BRICSAM and the non–WTO," The Review of International Organizations, Springer, Springer, vol. 1(3), pages 237-261, September.
  2. O G Dayaratna Banda & John Whalley, 2005. "Beyond Goods and Services: Competition Policy, Investment, Mutual Recognition, Movement of Persons, and Broader Cooperation Provisions of Recent FTAs involving ASEAN Countries," NBER Working Papers 11232, National Bureau of Economic Research, Inc.
  3. Whalley, John & Antkiewicz, Agata, 2004. "China's New Regional Trade Agreements," Working Papers, Canadian Agricultural Trade Policy Research Network 24155, Canadian Agricultural Trade Policy Research Network.
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Cited by:
  1. Andrew G. Brown & Robert M. Stern, 2011. "Free Trade Agreements and Governance of the Global Trading System," Working Papers, Research Seminar in International Economics, University of Michigan 614, Research Seminar in International Economics, University of Michigan.
  2. Yan Dong & John Whalley, 2008. "Carbon, Trade Policy, and Carbon Free Trade Areas," NBER Working Papers 14431, National Bureau of Economic Research, Inc.
  3. Maria Gallego & David Scoones, 2011. "Intergovernmental negotiation, willingness to compromise, and voter preference reversals," Social Choice and Welfare, Springer, Springer, vol. 36(3), pages 591-610, April.
  4. Siow Yue Chia, 2010. "Trade and Investment Policies and Regional Economic Integration in East Asia," Working Papers id:2993, eSocialSciences.
  5. Scott L. Baier & Jeffrey H. Bergstrand & Peter Egger & Patrick A. McLaughlin, 2008. "Do Economic Integration Agreements Actually Work? Issues in Understanding the Causes and Consequences of the Growth of Regionalism," The World Economy, Wiley Blackwell, Wiley Blackwell, vol. 31(4), pages 461-497, 04.

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