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Plurilateral agreements: a viable alternative to the World Trade Organization?

In: A World Trade Organization for the 21st Century

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  • Michitaka Nakatomi

Abstract

The global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and the World Bank. Today, the balance of economic power is shifting toward emerging economies. Global governance and economic policy must reflect this shift. With contributions from prominent Asian and international trade experts, this book critically examines key changes occurring in the world trading system and explores policy implications for Asia.

Suggested Citation

  • Michitaka Nakatomi, 2014. "Plurilateral agreements: a viable alternative to the World Trade Organization?," Chapters, in: Richard Baldwin & Masahiro Kawai & Ganeshan Wignaraja (ed.), A World Trade Organization for the 21st Century, chapter 12, pages 361-402, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15991_12
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    References listed on IDEAS

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    1. Richard Baldwin, 2011. "Trade And Industrialisation After Globalisation's 2nd Unbundling: How Building And Joining A Supply Chain Are Different And Why It Matters," NBER Working Papers 17716, National Bureau of Economic Research, Inc.
    2. Thomas Cottier, 2006. "From Progressive Liberalization to Progressive Regulation in WTO Law," Journal of International Economic Law, Oxford University Press, vol. 9(4), pages 779-821, December.
    3. Craig VanGrasstek & Pierre Sauvé, 2006. "The Consistency of WTO Rules: Can the Single Undertaking Be Squared with Variable Geometry?," Journal of International Economic Law, Oxford University Press, vol. 9(4), pages 837-864, December.
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    1. Métivier, Jeanne & Bacchetta, Marc & Bekkers, Eddy & Koopman, Robert, 2023. "International trade cooperation’s impact on the world economy," Journal of Policy Modeling, Elsevier, vol. 45(4), pages 713-744.

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