It is often suggested that regional integration is good for poverty by increasing trade and investment and creating jobs for the poor. At the same time, the number and scope of regional trade agreements is increasing rapidly. However, there is little about whether and how regional integration provisions affect development and poverty in poor countries. The findings of a multi-country research p...

INTRODUCTION Commercial multilateralism is losing spaces in South America to regional and bilateral agreements due to the lack of normative and empirical legitimacy of the World Trade Organization (WTO). This developing process is analyzed in the following article from the conceptual context of parts of the extensive and rich work by Julia Barragán. Her work also contributes with tools for ackn...

We surveyed the empirical literature using multi-country computable general equilibrium (CGE) models to analyse potential and actual regional trade agreements (RTAs). The studies indicate that these RTAs improve welfare, that trade creation greatly exceeds trade diversion, and that they are consistent with further global liberalisation. The welfare gains are bigger when models incorporate aspec...

The deepening of the content regional trade agreements has promoted deep integration global value chains. As an important part behind-the-border measures agreements, competition policy provisions have impact on intermediate product trade. This paper constructs depth index provisions, uses gravity model combined with Poisson's pseudo maximum likelihood estimation (PPML) and fixed effects to empi...

The consequences of regional trade agreements (RTAs) on countries’ welfare are disputed. In this paper, we assess these effects using stock returns from a recent data set that spans over two hundred RTA announcements, eighty economies, and twenty years. We measure the effects of news concerning RTAs on the returns of national stock markets, after adjusting these returns for international stock ...

• The faltering Doha Round has led to a renewed focus on large regional trade agreements. There are two super-RTAs in the making in the Asia-Pacific and one in the Atlantic, all with rather ambitious negotiation targets, and presented as alternate means to reset global trade rules and take the multilateral trade liberalisation agenda forward. • So what does this development mean for large emerg...