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The Regionalism Debate: An Overview

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  • Arvind Panagariya

    (University of Maryland)

Abstract

The following sections are included:IntroductionDefinitionsWTO Provisions for PTAsHistorical EvolutionEffects on Union MembersVinerian Analysis: Welfare Effects of a Tariff PreferenceTransport Costs and PTAsRules of Origin in FTAsNon-traditional Gains: Guaranteed Market Access, Shelter from Contingent Protection, Locking-in the Reforms and Dispute SettlementImplications for the Global Trading SystemCan PTA Expansion Lead to Global Free Trade?Do PTAs Make Multilateral Liberalization Less Likely?Do PTAs Lead to a Rise in Trade Barriers against Nonmembers?The Spaghetti-Bowl PhenomenonWTO-Illegal Policies in PTAsOpen Regionalism“Deep” IntegrationConclusions: Minimizing the Adverse Effects of PTAsReferences
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Suggested Citation

  • Arvind Panagariya, 2003. "The Regionalism Debate: An Overview," International Trade 0309007, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpit:0309007
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    References listed on IDEAS

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    JEL classification:

    • F1 - International Economics - - Trade
    • F2 - International Economics - - International Factor Movements and International Business

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