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Welthandelsordnung, regionale Teilordnungen und interregionale Klammerordnungen: Die handelspolitische Präsenz der EU in einer globalisierten und regionalisierten Weltwirtschaft

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  • Papastamkos Georgios

Abstract

The article focuses on interdependencies between the multilateral trade order and regional and inter-regional partial orders. The tendency towards globalization has been reinforced with the institutionalization of the WTO. At the same time, regional cooperation and integration has also spread. The levels of action do not refer only to European integration, to NAFTA or to initiatives in exporting models from the EU and the USA; they also refer to the new movement of regionalism among developing countries which will enhance the co-operation among the states of the South. The interaction between globalism and regionalism is seen in two ways: One view holds that a concurrent elimination of barriers to trade on the regional level will bring about a gradual liberalization and adjustment of regulatory systems on the multilateral level, too. The opposite view holds that regionalization - particularly in a competitive commercial environment - is disruptive for the multilateral trade system. Both views stress the challenges for the WTO, especially the limits of its regulatory and disciplinary powers.

Suggested Citation

  • Papastamkos Georgios, 2000. "Welthandelsordnung, regionale Teilordnungen und interregionale Klammerordnungen: Die handelspolitische Präsenz der EU in einer globalisierten und regionalisierten Weltwirtschaft," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 51(1), pages 457-478, January.
    • Handle: RePEc:bpj:ordojb:v:51:y:2000:i:1:p:457-478:n:20
    DOI: 10.1515/ordo-2000-0120
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    References listed on IDEAS

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    1. Richard E. Baldwin, 1997. "The Causes of Regionalism," The World Economy, Wiley Blackwell, vol. 20(7), pages 865-888, November.
    2. Gary Clyde Hufbauer & Jeffrey J. Schott, 1992. "North American Free Trade: Issues and Recommendations," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 71, January.
    3. C. Fred Bergsten, 1997. "Open Regionalism," The World Economy, Wiley Blackwell, vol. 20(5), pages 545-565, August.
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