The New Regionalism in the Americas: The Case of Mercosur
AbstractThis paper takes seriously the recent claim made by Ethier (1998) that the New Regionalism reflects the success of the multilateral trading system, not its failure. In fact, the New Regionalism represents a qualitative departure of the old regionalism in several respects, in particular, its development has taken place in a very different international economic environment. Moreover, the traditional Vinerian paradigm is no longer the primary analytical framework for its evalua-tion. We use this novel approach to analyze the case of one of the most important experiences in regional integration, the formation of the Mercado Común del Sur (MERCOSUR). The paper carefully documents the main stylized facts of the development of MERCOSUR arguing that this makes this type of agreement a prime example of the New Regionalism. Our conclusions are consistent with Ethier’s paper, that is, regionalism can play a key role in expanding and preserving the liberal trade order.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Center for Economic Integration, Sejong University in its journal Journal of Economic Integration.
Volume (Year): 16 (2001)
Issue (Month): ()
Regionalism; Customs; Free Trade Area; Mercosur;
Find related papers by JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Robert Devlin & Ziga Vodusek, 2005. "Trade related capacity building : an overview in the context of Latin American trade policy and the MERCOSUR-EU association agreement," INTAL Working Papers 1262, Inter-American Development Bank, INTAL.
- Marcelo de Paiva Abreu, 2006.
"The FTAA and the political economy of protection in Brazil and the US,"
INTAL Working Papers
2646, Inter-American Development Bank, INTAL.
- Marcelo de Paiva Abreu, 2005. "The FTAA and the political economy of protection in Brazil and the US," Textos para discussÃ£o 494, Department of Economics PUC-Rio (Brazil).
- Marcelo de Paiva Abreu, 2006. "The FTAA and the Political Economy of Protection in Brazil and the U.S," IDB Publications 9403, Inter-American Development Bank.
- Luis A. Arias & Alberto Barreix & Alexis Valencia & Luiz Villela, 2005. "The harmonization of indirect taxes in the Andean Community," INTAL Working Papers 2820, Inter-American Development Bank, INTAL.
- Vito Tanzi, 2005. "The production and financing of regional public goods," INTAL Working Papers 2824, Inter-American Development Bank, INTAL.
- Anneke Jessen & Christopher Vignoles, 2005. "Jamaica: trade, integration and the quest for growth," INTAL Working Papers 1264, Inter-American Development Bank, INTAL.
- Vito Tanzi, 2005. "Building regional infrastructure in Latin America," INTAL Working Papers 2642, Inter-American Development Bank, INTAL.
- Eric T. Miller, 2005. "Achievements and challenges of trade capacity building : a practitioner's analysis of the CAFTA process and its lessons for the multilateral system," INTAL Working Papers 1268, Inter-American Development Bank, INTAL.
- Mkrtchyan Arevik, . "Tariff changes and non-tariff trade costs: An Assessment of the Eurasian Customs Union," EERC Working Paper Series 13/14e, EERC Research Network, Russia and CIS.
- Elsnit, 2005. "Second Annual Conference of the Euro-Latin Study Network on Integration and Trade, ELSNIT : Issues papers," INTAL Working Papers 2414, Inter-American Development Bank, INTAL.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jong-Eun Lee).
If references are entirely missing, you can add them using this form.