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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. Pamela Bombarda & Elisa Gamberoni, 2013. "Firm heterogeneity, Rules of Origin and Rules of Cumulation," Post-Print hal-00874949, HAL.
  2. Eicher, Theo S. & Henn, Christian, 2011. "In search of WTO trade effects: Preferential trade agreements promote trade strongly, but unevenly," Journal of International Economics, Elsevier, vol. 83(2), pages 137-153, March.
  3. Peter Egger & Mario Larch & Kevin E. Staub & Rainer Winkelmann, 2010. "The Trade Effects of Endogenous Preferential Trade Agreements," CESifo Working Paper Series 3253, CESifo Group Munich.
  4. Moser, Christoph & Rose, Andrew K., 2014. "Who benefits from regional trade agreements? The view from the stock market," European Economic Review, Elsevier, vol. 68(C), pages 31-47.

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