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Multilateralising regionalism : spaghetti bowls as building blocs on the path to global free trade

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  • "Multilateralizing regionalism"@en
  • "Multilateralising regionalism"

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  • "This paper addresses the final steps to global free trade -- the political economy forces that might drive them, and the role the WTO might play in guiding them. Two facts form the departure point: 1) Regionalism is here to stay; 2) the motley assortment of regional trade agreements 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 3 big blocs, and leaky since some FTAs create free trade 'canals' linking the 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 multilateralise regionalism."

http://schema.org/name

  • "Multilateralising regionalism spaghetti bowls as building blocks on the path to global free trade"
  • "Multilateralising regionalism : spaghetti bowls as building blocs on the path to global free trade"
  • "Multilateralising regionalism : spaghetti bowls as building blocs on the path to global free trade"@en
  • "Multilateralising Regionalism Spaghetti Bowls as Building Blocs on the Path to Global Free Trade"@en
  • "Multilateralising Regionalism Spaghetti Bowls as Building Blocs on the Path to Global Free Trade"
  • "Multilateralising regionalism: spaghetti bowls as building blocks on the path to global free trade"
  • "Multilaterilising regionalism : spaghetti bowls as building blocs on the path to global free trade"
  • "Multilateralising regionalism: spaghetti bowls as building blocs on the path to global free trade"
  • "Multilateralising Regionalism : Spaghetti Bowls as Building Blocs on the Path to Global Free Trade"
  • "Multilaterilising regionalism: spaghetti bowls as building blocs on the path to global free trade"
  • "Multilateralising regionalism spaghetti bowls as building blocs on the path to global free trade"@en