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Book Cover
E-book

Title The regionalization of the world economy / edited by Jeffrey A. Frankel
Published Chicago : University of Chicago Press, ©1998

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Description 1 online resource (ix, 285 pages) : illustrations
Series National Bureau of Economic Research project report
National Bureau of Economic Research project report.
Contents Determinants of bilateral trade: does gravity work in a neoclassical world? / Alan V. Deardorff; comment / Jeffrey H. Bergstrand ; Gene M. Grossman -- Role of history in bilateral trade flows / Barry Eichengreen and Douglas A. Irwin; comment / Robert Lawrence ; Paul Wonnacott -- Why do countries seek regional trade agreements? / John Whalley; comment / Eric W. Bond ; Dani Rodrik -- Continental trading blocs : are they natural or supernatural / Jeffrey A. Frankel, Ernesto Stein, and Shang-Jin Wei ; comment / Paul Krugman ; T.N. Srinivasan -- Welfare implications of trading blocs among countries with different endowments / Antonio Spilimbergo and Ernesto Stein; comment / Jon Haveman ; Edward E. Leamer -- Regional patterns in the law of one price : the roles of geography versus currencies / Charles Engel and John H. Rogers; comment / Kenneth A. Froot ; Michael Knetter -- Regionalization of world trade and currencies : economics and politics / Jeffrey A. Frankel and Shang-Jin Wei ; comment / David Hummels ; Philip I. Levy -- Tariff phase-outs : theory and evidence from GATT and NAFTA / Carsten Kowalczyk and Donald Davis; comment / Arvind Panagariya and Robert W. Staiger
Summary Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalisation has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements?
Bibliography Includes bibliographical references and indexes
Notes English
Print version record
Subject Trade blocs.
Regionalism.
International trade.
International economic integration
BUSINESS & ECONOMICS -- International -- General.
BUSINESS & ECONOMICS -- International -- Economics.
International economic integration
International trade
Regionalism
Trade blocs
Internationalisatie.
Regionalisatie.
Internationale handel.
Handelsblokken.
Internationell handel.
Handelsblock.
Ekonomisk integration.
Världshandel.
Form Electronic book
Author Frankel, Jeffrey A.
ISBN 9780226260228
0226260224
1281223417
9781281223418
9786611223410
661122341X