IDEAS home Printed from https://ideas.repec.org/p/mie/wpaper/518.html
   My bibliography  Save this paper

Global Market Integration and National Sovereignty

Author

Listed:
  • Andrew G. Brown

    (Wellfleet, MA)

  • Robert M. Stern

    (University of Michingan)

Abstract

In this paper, we first trace the evolution of the global trading system from the 19th century to the present-day GATT/WTO arrangements, calling attention to the key roles of reciprocity and nondiscrimination, and we note how the system is now challenged by the new paradigm of global market integration. We then consider the recent plethora of free trade agreements (FTAs), including those between industrial and developing countries, and their uneasy relationship with a multilateral system based on non-discrimination.. Thereafter, we seek to identify the boundaries of the WTO and examine how the potential expansion of these boundaries extension and weakening of the effectiveness and influence of the WTO.

Suggested Citation

  • Andrew G. Brown & Robert M. Stern, 2004. "Global Market Integration and National Sovereignty," Working Papers 518, Research Seminar in International Economics, University of Michigan.
    • Handle: RePEc:mie:wpaper:518
    as

    Download full text from publisher

    File URL: http://fordschool.umich.edu/rsie/workingpapers/Papers501-525/r518.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Preeg, Ernest H., 1995. "Traders in a Brave New World," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226679594, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. J. Mutti & R. Sampson & B. Yeung, 2000. "The effects of the Uruguay round: empirical evidence from U.S. industry," Contemporary Economic Policy, Western Economic Association International, vol. 18(1), pages 59-69, January.
    2. Baldwin, Robert E., 2009. "Trade negotiations within the GATT/WTO framework: A survey of successes and failures," Journal of Policy Modeling, Elsevier, vol. 31(4), pages 515-525, July.
    3. Robert E. Baldwin, 2009. "U.S. Trade Policy Since 1934: An Uneven Path Toward Greater Trade Liberalization," NBER Working Papers 15397, National Bureau of Economic Research, Inc.
    4. Robert E. Baldwin, 2006. "Failure of the WTO Ministerial Conference at Cancun: Reasons and Remedies," The World Economy, Wiley Blackwell, vol. 29(6), pages 677-696, June.
    5. Nelson, Douglas R., 2015. "Prospects for Constitutionalization of the WTO," World Trade Review, Cambridge University Press, vol. 14(1), pages 135-153, January.
    6. Kyle Bagwell & Robert W. Staiger, 2001. "Strategic Trade, Competitive Industries and Agricultural Trade Disputes," Economics and Politics, Wiley Blackwell, vol. 13(2), pages 113-128, July.
    7. Finger, J. Michael & Reincke, Ulrich & Castro, Adriana, 1999. "Market access bargaining in the Uruguay Round - Rigid or relaxed reciprocity?," Policy Research Working Paper Series 2258, The World Bank.
    8. Don Kenyon & Pierre van der Eng, 2011. "From strangers to partners in the hemisphere: New Prospects in Australia’s Economic Relations with Latin America," CEPR Discussion Papers 650, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    9. Marcelo de Paiva Abreu, 1998. "Brazil, the GATT, and the WTO: history and prospects," Textos para discussão 392, Department of Economics PUC-Rio (Brazil).
    10. Finger, J. Michael, 2002. "The Doha Agenda and Development: A View from the Uruguay Round," ADB Economics Working Paper Series 21, Asian Development Bank.
    11. Baldwin, Robert E & Magee, Christopher S, 2000. "Is Trade Policy for Sale? Congressional Voting on Recent Trade Bills," Public Choice, Springer, vol. 105(1-2), pages 79-101, October.

    More about this item

    Keywords

    Reciprocity; Non-Discrimination; Boundaries of WTO Regime;
    All these keywords.

    JEL classification:

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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mie:wpaper:518. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: FSPP Webmaster (email available below). General contact details of provider: https://edirc.repec.org/data/riumius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.