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Free Trade Agreements and Governance of the Global Trading System

Author

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  • Andrew G. Brown
  • Robert M. Stern

Abstract

This paper explores how far free trade agreements (FTAs) have strengthened or weakened global governance of the trading system. We open with an analysis of the altered political and economic context within which countries have come, in recent years, to assign a new importance to regional and bilateral trade agreements in their trade policies. We then consider each of the main provisions included in FTAs and comment on how these may separately affect the management of trade relations. We conclude with some observations of the broader trends affecting global governance that are associated with the spread of trade agreements as a whole.
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Suggested Citation

  • Andrew G. Brown & Robert M. Stern, 2011. "Free Trade Agreements and Governance of the Global Trading System," The World Economy, Wiley Blackwell, vol. 34(3), pages 331-354, March.
    • Handle: RePEc:bla:worlde:v:34:y:2011:i:3:p:331-354
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    Cited by:

    1. Matthias Helble & Zulfiqar Ali & Jera Lego, 2018. "A Comparison of Global Governance Across Sectors: Global Health, Trade, and Multilateral Development Finance," ADBI Working Papers 806, Asian Development Bank Institute.

    More about this item

    JEL classification:

    • F1 - International Economics - - Trade
    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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