G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5775
DP5775 Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade
Richard Baldwin
发表日期2006-08-23
出版年2006
语种英语
摘要This paper addresses the final steps to global free trade ? what they might look like, what sort of political economy forces might drive them, and what the WTO might do to guide them. Two facts form the point of departure: 1) Regionalism is here to stay; world trade is regulated by a motley assortment of unilateral, bilateral and multilateral trade agreements; 2) this motley assortment is not the best way to organise world trade. Moving to global duty-free trade will require a multilateralisation of regionalism. The paper presents the political economy logic of trade liberalisation and uses it to structure a narrative of world trade liberalisation since 1947. The logic is then used to project the world tariff map in 2010, arguing that the pattern will be marked by fractals ? fuzzy, leaky trade blocs made up of fuzzy, leaky sub-blocs (fuzzy since the proliferation of FTAs makes it impossible to draw sharp lines around the big-3 trade blocs, and leaky since some FTAs create free trade ?canals? linking the big-3 blocs). The paper then presents a novel political economy mechanism ? spaghetti bowls as building blocs ? whereby offshoring creates a force that encourages the multilateralisation of regionalism. Finally, the paper suggests three things the WTO could do to help.
主题International Trade and Regional Economics
关键词Domino effect Juggernaut effect Multilateralism Regionalism Rtb unilateralism Trade
URLhttps://cepr.org/publications/dp5775
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534642
推荐引用方式
GB/T 7714
Richard Baldwin. DP5775 Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade. 2006.
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