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Reviewing perspectives on third-party impacts of mega-regional trade agreement: implications for Brazil

Author

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  • Niels Sondergaard

Abstract

The present review article examines the potential impact of mega-regional trade agreements on Brazil as a third-party. The literature initially reviewed identifies the "deep regulation" proposed in mega-regional agreements as an expression of structural changes within the global trading system, which in spite of the current stagnation of these negotiations highlights the relevance of scrutinizing their potential implications for outsiders. The article subsequently examines projections made of the short- and intermediate term economic impacts of this type of trade agreement on Brazil as a third-party, and here upon engages with perspectives treating their long-term structural implications. JEL Classification: F17.

Suggested Citation

  • Niels Sondergaard, 2019. "Reviewing perspectives on third-party impacts of mega-regional trade agreement: implications for Brazil," Brazilian Journal of Political Economy, Center of Political Economy, vol. 39(1), pages 51-70.
    • Handle: RePEc:ekm:repojs:v:39:y:2019:i:1:p:51-70:id:25
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/25/20
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    More about this item

    Keywords

    Mega-regional trade agreements; Brazil; Regulatory cooperation; Regulatory harmonization; Trade balance;
    All these keywords.

    JEL classification:

    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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