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Big-Think Regionalism: a Critical Survey

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  • Baldwin, Richard

Abstract

Economic thinking on regionalism has traditionally focused on the Vinerian question: Would a nation gain from joining a trade bloc? Since 1991, "Big Think Regionalism" considers the broader question of regionalism’s impact on the world trading system focusing on two questions: Does spreading regionalism harm world welfare? and Does regionalism help or hinder multilateralism? This paper syntheses and critiques the theoretical literature in an attempt to identify the insights that are useful for thinking about regionalism’s systemic impact in the new century.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6874.

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Date of creation: Jun 2008
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Handle: RePEc:cpr:ceprdp:6874

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Keywords: Multilateralism; Regionalism; Stumbling and building blocks; World trade system;

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References

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Cited by:
  1. Theo S. Eicher & Christian Henn, 2008. "In Search of WTO Trade Effects: Preferential Trade Agreements Promote Trade Strongly, But Unevenly," Working Papers UWEC-2008-22-FC, University of Washington, Department of Economics.
  2. Katerina Gradeva & Dany Jaimovich, 2014. "Multilateral determinants of regionalism revisited," The Review of International Organizations, Springer, vol. 9(2), pages 163-203, June.
  3. Moser, Christoph & Rose, Andrew K, 2011. "Who Benefits from Regional Trade Agreements? The View from the Stock Market," CEPR Discussion Papers 8566, C.E.P.R. Discussion Papers.
  4. Pamela Bombarda & Elisa Gamberoni, 2013. "Firm Heterogeneity, Rules Of Origin, And Rules Of Cumulation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(1), pages 307-328, 02.
  5. Peter Egger & Mario Larch & Kevin E. Staub & Rainer Winkelmann, 2010. "The Trade Effects of Endogenous Preferential Trade Agreements," SOI - Working Papers 1013, Socioeconomic Institute - University of Zurich.

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