RTAs' Proliferation and Trade-Diversion Effects: Evidence of the 'Spaghetti Bowl' Phenomenon
نویسندگان
چکیده
منابع مشابه
Consolidation and Harmonization of Regional Trade Agreements (RTAs): A Path Toward Global Free Trade
Some economists worry about the ‘spaghetti bowl phenomenon’ expected from proliferating regional trade agreements (RTAs). In particular, the complicated web of hub-and-spoke type of overlapping free trade agreements (FTAs) can result in high costs for verifying rules of origin (RoO) and trade diversion or suppression effects. This explains why almost half of the RTAs notified to the General Agr...
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Bilateral Free Trade Agreement (BTAs) have been proliferating. The outcome of this proliferation of often overlapping BTAs and PTAs is described as the spaghetti bowl effect or, in the Asian region, the noodle bowl effect. This is costly, and welfare reducing. How do we remedy the situation? In this paper, we consider the various options proposed in dealing with the spaghetti bowl, and assess t...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2616015