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Regionalism versus Multilateral Trade Arrangements
By Takatoshi Ito and Anne O. Krueger
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There is no doubt that the open multilateral trading system after World War II was a key ingredient in the rapid economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically both in absolute terms and as a percentage of GNP. In the 1980s, however, preferential trading arrangements (PTAs) began to emerge as significant factors affecting world trade. This volume contains thirteen papers that analyze the tensions between multilateral trading systems and preferential trade arrangements and the impact of these tensions on East Asia. The first four chapters introduce PTAs conceptually and focus on the unique political issues that these agreements involve. The next five essays present more direct empirical analyses of existing PTAs and their economic effects, primarily in East Asia. The last four papers concentrate on the outcomes of individual East Asian nations' trading policies in specific instances of preferential agreements.
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Titles in the series (20)
Regionalism versus Multilateral Trade Arrangements Rating: 0 out of 5 stars0 ratingsTrade and Protectionism Rating: 0 out of 5 stars0 ratingsThe Political Economy of Tax Reform Rating: 0 out of 5 stars0 ratingsMacroeconomic Linkage: Savings, Exchange Rates, and Capital Flows Rating: 0 out of 5 stars0 ratingsDeregulation and Interdependence in the Asia-Pacific Region Rating: 0 out of 5 stars0 ratingsGovernance, Regulation, and Privatization in the Asia-Pacific Region Rating: 5 out of 5 stars5/5Growth Theories in Light of the East Asian Experience Rating: 4 out of 5 stars4/5Regional and Global Capital Flows: Macroeconomic Causes and Consequences Rating: 0 out of 5 stars0 ratingsFinancial Deregulation and Integration in East Asia Rating: 0 out of 5 stars0 ratingsChanges in Exchange Rates in Rapidly Developing Countries: Theory, Practice, and Policy Issues Rating: 0 out of 5 stars0 ratingsGrowth and Productivity in East Asia Rating: 0 out of 5 stars0 ratingsThe Role of Foreign Direct Investment in East Asian Economic Development Rating: 0 out of 5 stars0 ratingsTrade in Services in the Asia-Pacific Region Rating: 0 out of 5 stars0 ratingsMonetary Policy with Very Low Inflation in the Pacific Rim Rating: 0 out of 5 stars0 ratingsCommodity Prices and Markets Rating: 0 out of 5 stars0 ratingsInternational Trade in East Asia Rating: 0 out of 5 stars0 ratingsInternational Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy Rating: 0 out of 5 stars0 ratingsFiscal Policy and Management in East Asia Rating: 0 out of 5 stars0 ratingsFinancial Sector Development in the Pacific Rim Rating: 0 out of 5 stars0 ratingsThe Economic Consequences of Demographic Change in East Asia Rating: 0 out of 5 stars0 ratings
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Regionalism versus Multilateral Trade Arrangements - Takatoshi Ito
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