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The Political Economy of EC Regionalism

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Author Info
Sapir, André

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Abstract

Many observers have noted a recent proliferation of regional trade agreements primarily centred in or on Europe. The paper analyses the causes and consequences of EC regionalism. It begins by examining the development and importance of the phenomenon. It finds that although the EC maintains preferential trade arrangements with virtually all countries, preferential trade accounts for no more than 25% of total EC trade. The paper investigates the causes of EC regionalism, focusing on the determinants of both the demand by third countries and the supply by the EC. Lastly, it examines future options.

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Publisher Info
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1739.

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Date of creation: Nov 1997
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Handle: RePEc:cpr:ceprdp:1739

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Related research
Keywords: Political Economy; Preferential Trading Arrangement; trade liberalisation;

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Find related papers by JEL classification:
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F15 - International Economics - - Trade - - - Economic Integration

Cited by:
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  1. AUGIER Patricia & GAZIOREK Michael & LAITONG Charles, 2004. "The Impact of Rules of Origin On Trade Flows," International Trade 0404001, EconWPA. [Downloadable!]
    Other versions:
  2. Pekka Sulamaa & Mika Widgrén, 2002. "EU-Enlargement and the Opening of Russia: Lessons from the GTAP Reference Model," Discussion Papers 825, The Research Institute of the Finnish Economy. [Downloadable!]
  3. Patricia Augier & Michael Gasiorek & Charles Lai-Tong, 2007. "Multilateralising Regionalism: Relaxing the Rules of Origin Or Can Those Pecs Be Flexed?," CARIS Working Papers 03, Centre for the Analysis of Regional Integration at Sussex, University of Sussex. [Downloadable!]
  4. Pekka Sulamaa & Mika Widgrén, 2004. "EU-Enlargement and Beyond: A Simulation Study on EU and Russia Integration," Empirica, Springer, vol. 31(4), pages 307-323, December. [Downloadable!] (restricted)
    Other versions:
  5. Peter Egger & Michael Pfaffernmayr, 2002. "The Pure Effects of European Integration on Intra-EU Core and Periphery Trade," International Trade 0204001, EconWPA. [Downloadable!]
  6. Cadot, Olivier & de Melo, Jaime & Olarreaga, Marcelo, 1999. "Asymmetric Regionalism in Sub-Saharan Africa: Where Do We Stand?," CEPR Discussion Papers 2299, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  7. Busse, Matthias & Huth, Matthias & Koopmann, Georg, 2000. "Preferential Trade Agreements: The Case of EU-Mexico," Discussion Paper Series 26269, Hamburg Institute of International Economics. [Downloadable!]
  8. Lemmens, A. & Croux, C. & Dekimpe, M.G., 2004. "On The Predictive Content Of Production Surveys: A Pan-European Study," Research Paper ERS-2004-017-MKT Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
    Other versions:
  9. Jaime MELO DE, 2005. "Regionalism and Developing Countries: A Primer," Working Papers 200510, CERDI. [Downloadable!]
  10. Sulamaa, Pekka & Widgrén, Mika, 2003. "EU Enlargement and Beyond: A Simulation Study on EU and CIS Integration," CEPR Discussion Papers 3768, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  11. Hallett, A.J. Hughes, 1992. "The impact of EC-92 on developing countries'trade : a dissenting view," Policy Research Working Paper Series 885, The World Bank. [Downloadable!]
  12. Arvind Panagariya, 2003. "The Millennium Round and Developing Countries: Negotiating Strategies and Areas of Benefits," International Trade 0308018, EconWPA. [Downloadable!]
    Other versions:
  13. Arvind Panagariya, 2003. "Free Trade At Border," International Trade 0309005, EconWPA. [Downloadable!]
  14. Medvedev, Denis, 2006. "Preferential trade agreements and their role in world trade," Policy Research Working Paper Series 4038, The World Bank. [Downloadable!]
  15. Arvind Panagariya, 2003. "EU Preferential Trade Policies and Developing Countries," International Trade 0308014, EconWPA. [Downloadable!]
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