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Trade Liberalisation In Europe And The Rest Of The World


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  • Cristian Spiridon

    (Alexandru Ioan Cuza University of Iasi, Romania)

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    The present paper aims to disseminate how liberalisation processes were conducted around the globe and especially in Europe since the XIXth century up to date. The research objective is to review the liberalisation of trade dynamics and create an image of the architecture of the most important trading blocs. Analysis will be conducted considering the three major regional blocs: Europe, North America and East Asia. The main findings will show that, despite the few mutations that occurred in international trade as a result of the emergence of developing nations as major trade partners, the European Union and the United States remain the economic and trade hegemons.

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    Bibliographic Info

    Article provided by Centre for European Studies, Alexandru Ioan Cuza University in its journal CES Working Papers.

    Volume (Year): 4(3) (2012)
    Issue (Month): (September)
    Pages: 407-418

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    Handle: RePEc:jes:wpaper:y:2012:v:4:p:407-418

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    Keywords: European Union; trade blocs; protectionism; regionalism; trade agreements; multilateral negociations; financial crisis Romania;

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    1. Miguel Almunia & Agustín S. Bénétrix & Barry Eichengreen & Kevin H. O'Rourke & Gisela Rua, 2009. "From Great Depression to Great Credit Crisis: Similarities, Differences and Lessons," NBER Working Papers 15524, National Bureau of Economic Research, Inc.
    2. Richard S. Grossman & Christopher M. Meissner, 2010. "International Aspects of the Great Depression and the Crisis of 2007: Similarities, Differences, and Lessons," Wesleyan Economics Working Papers 2010-002, Wesleyan University, Department of Economics, revised Aug 2010.
    3. Roy J. Ruffin & Can Dogan, 2012. "Marshall's Scissors: The Gains and Losses from Trade," Review of International Economics, Wiley Blackwell, vol. 20(1), pages 46-58, 02.
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