The next GATT round: Bilateralism versus multilateralism?
نویسندگان
چکیده
منابع مشابه
Multilateralism, Bilateralism and Regime Design
Each member ∈ [1 ] chooses her level of ≥ 0 to maximize her utility = √− P 6= − a function that is twice-differentiable and concave. Assuming ≥ 0 to be the Lagrangian parameters, the optimal level of # satisfies the necessary and sufficient first-order conditions 1 2 − 1 2 − + = 0 and the Kuhn-Tucker conditions = 0 for any ∈ [1 ], thus ...
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The well-known question whether regional trade agreements (RTAs) and the multilateral trading system (MTS) are strangers, friends, or foes (Bhagwati and Panagariya, 1996) has gained new importance with the widespread proliferation of RTAs in recent years. Based on an extensive data set which covers most of world trade over the past 60 years and about 240 regional trade agreements, we analyze ...
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1687 Do the forces that regional integration arrangements set up encourage or discourage a trend toward globally freer trade? We don't know yet. Summary findings The literature on regionalism versus multilateralism is growing as economists and political scientists grapple with the question of whether regional integration arrangements are good or bad for the multilateral system. Are regional int...
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ژورنال
عنوان ژورنال: Intereconomics
سال: 1986
ISSN: 0020-5346,1613-964X
DOI: 10.1007/bf02926977