Trade Blocs: Economics and Politics (Japan-US Center UFJ Bank Monographs on International Financial  - Krishna, Pravin

Trade Blocs: Economics and Politics (Japan-US Center UFJ Bank Monographs on International Financial

Pravin Krishna

Yayınevi: Cambridge University Press

Yayın tarihi: 08/2010

ISBN: 9780521158114

İngilizce | 220 Sayfa | 13,72x21,34x1,78 cm.

Tür: Finans-Bankacılık

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Despite the successes achieved in liberalizing trade by multilateral trade negotiations sponsored by the World Trade Organization (WTO), numerous countries have separately negotiated preferential trade treaties with one another. Representing a significant departure from the WTO's central principle of non-discrimination among member countries, preferential trade blocs are the subject of an intense academic and policy debate. The first section of this 2005 book presents a rudimentary and intuitive introduction to the economics of preferential trade agreements. The following chapters present the author's theoretical and empirical research on a number of questions surrounding the issue of preferential trade agreements including the design of necessarily welfare-improving trade blocs, the quantitative (econometric) evaluation of the economic (welfare) impact of preferential trade liberalization, and the impact of preferential trade agreements and the multilateral trade system.

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