This comprehensive book addresses one of the most important aspects of international trade, namely, regional trade and regional integration agreements (RIAs). The focus of intense global interest and debate over the last decade, RIAs have become an integr

This volume considers the implications of revived interest in regional integration for the world trading system.

This book describes the rules governing regional trade agreements, providing new insights into the interplay between regional and multilateral trade rules.

A collection of revised papers from the 'Multilateralizing Regionalism' conference, held at the WTO in September 2007.

Trade diversion and the creation of complicated and discriminatory tariff regimes with increased tariffs for non-member countries - the consequences of PTAs - are likely to undermine the multilateral trading system."--Jacket.

Provides the first systematic analysis of new Asian regionalism as a paradigm shift in international economic law.

This new book highlights the multifaceted effects of regional trade agreements and outlines the strategic options for EU trade policy. It points out what is new about this most recent phase of regionalism and analyzes the effects on economic welfare and trade transaction costs. The authors draw upon elements of game theory to explore a self-reinforcing mechanism that is resulting in a potentially damaging race for markets. They focus in particular on the multiple impacts of regionalism on the WTO and the multilateral trading order. The book arrives at an opportune time, as the Doha Round is reaching a critical phase.