Regionalism and World Order

Regionalism and the World Trading System

Increasing economic integration has been one of the major forces driving the world economy's impressive growth over the last fortyfive years. Today, however, more than at any time since World War 11, the future of the world trading system is in doubt. Ironically, just as the Soviet Union, Eastern ~ u r o ~ e , and many developing countries rush to join the General Agreement on Tariffs and Trade...

“Regionalism In A Globalizing World: An Asia-Pacific Perspective”

Somewhat incongruously, as global economic integration progressed the trend towards regionalism also strengthened. This paper introduces readers to the contemporary wave of regionalism. It delves into the principle characteristics of the second wave of regionalism, how it is different from the first and what is its texture. It focuses on regionalism in the Asia-Pacific region, which was slow to...

Regionalism and Growth

dialectic of war and world order

the purpose of this paper is to apply ibn-khaldun’s dialectic of asabiyya to explain the nature of relationship between war and the world order in the modern era via ‘macro structural change’. it is argued here that these changes in the world order in the modern times have a dialectical relationship with war. here, ibn-khaldun’s approach to historical change is applied for the explication of th...

Small Countries and Regionalism

The number of regional trade agreements has nearly doubled in the last four years. Interestingly, relatively small countries have put enormous effort into joining regional agreements with larger countries during this period. In this paper, we address the following question: why are small countries so eager to be a part of these agreements? We construct a general equilibrium model of a natural t...