Arbeitspapier

Regionalism in a multilateral world

Recent regional initiatives have been addressed from a Vinerian perspective of trade creation and trade diversion. This is true both of policy-oriented economists, who tend to be critical of the initiatives, and of theorists, who have added dynamic and game-theoretic elements to the Vinerian structure. This paper describes the stylized facts of much recent regional integration, and develops an alternative model. The analysis suggests that regional integration, far from threatening multilateral liberalism, may in fact be a direct consequence of the success of past multilateralism and an added guarantee for its survival.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 31.1998

Classification
Wirtschaft
Economic Integration
Trade Policy; International Trade Organizations
Multinational Firms; International Business
Subject
Direct investment
Regionalism
Multilateralism
Policy reform

Event
Geistige Schöpfung
(who)
Ethier, Wilfred John
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
1998

Handle
Last update
10.03.2025, 11:46 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Ethier, Wilfred John
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 1998

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