EU Commercial Policy in a Multipolar Trading System
AbstractIn recent years the bipolar multilateral trading system of the post-war years has given way to a multipolar alternative. Although many specifics have yet to be determined, some contours of this new trade policy landscape are coming into focus and in this short essay I examine their implications for the European Union's external commercial policy. Particular attention is given to both the state of business-government relations and the propensity to liberalise under the auspices of reciprocal trade agreements by Brazil, India, and China; the potential new poles of the world trading system. I consider the likely consequences of these developments, plus factors internal to both the European Union and the United States, for the possible content of future multilateral trade initiatives.
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Bibliographic InfoPaper provided by Department of Economics, University of St. Gallen in its series University of St. Gallen Department of Economics working paper series 2007 with number 2007-15.
Length: 26 pages
Date of creation: Apr 2007
Date of revision:
WTO; European Union; regional trade agreements; BRICs;
Other versions of this item:
- Simon Evenett, 2007. "EU Commercial Policy in a Multipolar Trading System," Intereconomics: Review of European Economic Policy, Springer, vol. 42(3), pages 143-155, May.
- Evenett, Simon J, 2007. "EU Commercial Policy in a Multipolar Trading System," CEPR Discussion Papers 6284, C.E.P.R. Discussion Papers.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F15 - International Economics - - Trade - - - Economic Integration
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-05-19 (All new papers)
- NEP-CWA-2007-05-19 (Central & Western Asia)
- NEP-EEC-2007-05-19 (European Economics)
- NEP-INT-2007-05-19 (International Trade)
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