[PDF] How Regional Blocs Affect Excluded Countries eBook

Author : Won Chang
Publisher : World Bank Publications
Page : 64 pages
File Size : 29,91 MB
Release : 1999
Category : Commercial products
ISBN :

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Price data on exports to Brazil from countries excluded from MERCOSUR show that preferential trading agreements hurt nonmember countries by compelling them to reduce their prices to meet competition from suppliers within the regional trading bloc.

Author : Won Chang
Publisher :
Page : 58 pages
File Size : 19,42 MB
Release : 2016
Category :
ISBN :

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Price data on exports to Brazil from countries excluded from MERCOSUR show that preferential trading agreements hurt nonmember countries by compelling them to reduce their prices to meet competition from suppliers within the regional trading bloc.The welfare effects of preferential trading agreements are most directly linked to changes in trade prices - that is, the terms of trade.Chang and Winters use a simple strategic pricing game in segmented markets to measure the effects of MERCOSUR on the pricing of nonmember exports to the regional trading bloc. Working with detailed data on unit values and tariffs, they find that the creation of MERCOSUR is associated with significant declines in the prices of nonmembers' exports to the bloc. These can be explained largely by tariff preferences offered to a country`s partners.Focusing on the Brazilian market (by far the largest in MERCOSUR), they show that nonmembers' export prices to Brazil respond to both most-favorable-nation and preferential tariffs. Preferential tariffs induce reductions in nonmember export prices.This paper - a product of Trade, Development Research Group - is part of a larger effort in the group to understand the effects of regional integration. The authors may be contacted at [email protected] or l.a.winters @sussex.ac.uk.

Author : Jeffrey A. Frankel
Publisher : Peterson Institute
Page : 392 pages
File Size : 22,41 MB
Release : 1997
Category : Business & Economics
ISBN : 9780881322026

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Covers trends from 1957 to 1995.

Author : Kerry A. Chase
Publisher : University of Michigan Press
Page : 327 pages
File Size : 44,72 MB
Release : 2009-09-08
Category : Political Science
ISBN : 047202289X

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Global commerce is rapidly organizing around regional trading blocs in North America, Western Europe, Pacific Asia, and elsewhere--with potentially dangerous consequences for the world trading system. Professor Kerry Chase examines how domestic politics has driven the emergence of these trading blocs, arguing that businesses today are more favorably inclined to global trade liberalization than in the past because recent regional trading arrangements have created opportunities to restructure manufacturing more efficiently. Trading Blocs is the first book to systematically demonstrate the theoretical significance of economies of scale in domestic pressure for trading blocs, and thereby build on a growing research agenda in areas of political economy and domestic politics. "Chase has written a superb book that provides us with an innovative and compelling explanation for the development of trading blocs." --Vinod Aggarwal, Director, Berkeley APEC Study Center, University of California, Berkeley Kerry A. Chase is Assistant Professor of Political Science at Tufts University.

Author : David Greenaway
Publisher : Springer
Page : 727 pages
File Size : 40,25 MB
Release : 2016-11-09
Category : Business & Economics
ISBN : 0230305318

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International trade is the core foundation of globalisation. This current and up-to-date volume brings together the finest academics working in the field today, containing contributions in key areas of policy research, such as, modelling frameworks, trade policy, trade and migration, trade and the environment, trade and unemployment.

Author : Robert Devlin
Publisher : IDB
Page : 268 pages
File Size : 32,50 MB
Release : 2003
Category : Business & Economics
ISBN : 9781931003308

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Latin America has been pursuing intense structural reforms since the mid-1980s. The reforms have been a primary instrument for achieving the development goals of stable and higher rates of economic growth, more social equity, and a solid democratic setting. The region has advanced on all three fronts, but much more needs to be done. Bridges for Development explores options to strengthen policies and institutions for deepening structural reforms in all areas of development through trade and integration. Making advances in these areas is critical because the multilateral negotiations in the Doha Development Round are contingent on the complex dynamics of worldwide consensus -- and Latin America's capacity to adequately represent its interests in terms of determining the direction of unilateral policy and regional initiatives. However, as the book points out, it might be said that the easystages of unilateral trade and regional integration are over; the next steps toward consolidation will require countries to redouble their political will to confront difficult challenges as well as to refine policies, build stronger institutional structures to support them, and work better with civil society. The wave of market opening and regionalism in the 1990s has provided new opportunities in these areas.

Author : S. K. Jayasuriya
Publisher : Edward Elgar Publishing
Page : 283 pages
File Size : 23,14 MB
Release : 2009-01-01
Category : Business & Economics
ISBN : 1848449232

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Draws on both theory and evaluations of several major Preferential trading arrangements (PTAs) to discuss the constraints to achieving liberalisation in PTAs and key problems facing negotiators trying to achieve the best outcomes within given political economy constraints, such as choice of rules of origin and dispute settlement procedures.

Author : Helio Jaguaribe
Publisher : Routledge
Page : 248 pages
File Size : 21,64 MB
Release : 2004-08-02
Category : Political Science
ISBN : 1135760993

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A critical insight into the politics and economics of relations between the EU and Latin America, particularly Mercosul, highlighting the significance of such relations for multilateralism and the international order.