Lessons from the European Spaghetti Bowl
European economic integration fascinates and inspires for the way it brought peace to a continent torn by violent and long-standing rivalries. The lessons from Europe, however, cannot be applied directly as the degree of the European Union’s supranationality is unthinkable elsewhere. This paper discusses how Europe overcame the specific problem of overlapping free trade agreements (FTAs) with the Pan-European Cumulation System which instituted common rules of origin, regional cumulation of value, and completed the full matrix of bilateral FTAs. After this, Europe had what can be thought of as a “customs union” for rules of origin.
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| Length: | 15 pages |
| Date of creation: | 24 Apr 2013 |
| Date of revision: | |
| Handle: | RePEc:ris:adbiwp:0418 |
| Contact details of provider: | Postal: Kasumigaseki Building 8F, 3-2-5, Kasumigaseki, Chiyoda-ku, Tokyo 100-6008, Japan Phone: (81-3)3593-5500 Fax: (81-3) 3593-5571 Web page: http://www.adbi.org/ Email: More information through EDIRC
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References listed on IDEAS
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- Karacaovali, Baybars & Limão, Nuno, 2008.
"The clash of liberalizations: Preferential vs. multilateral trade liberalization in the European Union,"
Journal of International Economics,
Elsevier, vol. 74(2), pages 299-327, March.
- Karacaovali, Baybars & Limão, Nuno, 2005. "The Clash of Liberalizations: Preferential vs. Multilateral Trade Liberalization in the European Union," CEPR Discussion Papers 4973, C.E.P.R. Discussion Papers.
- Baybars Karacaovali & Nuno Limao, 2005. "The Clash Of Liberalizations: Preferential Vs. Multilateral Trade Liberalization In The European Union," International Trade and Finance Association Conference Papers 1037, International Trade and Finance Association.
- Patricia Augier & Michael Gasiorek & Charles Lai Tong, 2005.
"The impact of rules of origin on trade flows,"
Economic Policy,
CEPR;CES;MSH, vol. 20(43), pages 567-624, 07.
- AUGIER Patricia & GAZIOREK Michael & LAITONG Charles, 2004. "The Impact of Rules of Origin On Trade Flows," International Trade 0404001, EconWPA.
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