Multilateralism and Regionalism in the Post-Uruguay Round Era

What Role for the EU?

  • Olga Memedovic
  • Arie Kuyvenhoven
  • Willem T. M. Molle

Table of contents

  1. Front Matter
    Pages i-xx
  2. Overview

    1. Front Matter
      Pages 1-1
    2. Olga Memedovic, Arie Kuyvenhoven, Willem T. M. Molle
      Pages 3-28
  3. Systemic Issues

  4. EU Market Access for LDCs

  5. EU Market Access: Regional Views

    1. Front Matter
      Pages 209-209
    2. T. Ademola Oyejide
      Pages 211-234
    3. Vera Thorstensen, Felix Peña
      Pages 235-277
    4. Pradumna B. Rana
      Pages 279-307
  6. Back Matter
    Pages 309-331

About this book

Introduction

The Post-Uruguay Round era has seen a proliferation of regional preferential trade agreements (PTAs) as well as progressive multilateral trade liberalization initiatives. This has stimulated theoretical discussion on whether the policy of pursuing PTAs will have a malign or a benign impact on multilateralism. In the former case, proliferation of PT As may increase protection in global trade due to trade diversion effects, thereby creating impediments to multilateral freeing of global trade. In the latter case, the expansion of PTA membership could ultimately lead to non-discriminatory global free trade. At the core of this discussion is the question of how to explain the preference for PTA membership. While some economists view the expansion of PTA membership as exogenously determined, participants of the Fourth Annual Workshop of the Network EU-LDC Trade and Capital Relations also considered endogenous factors explaining increased PTA membership. This book offers a closer look at the motives of policy makers in both developed and developing countries to still adhere to PTAs, notwithstanding the theoretical superiority of multilateralism, and addresses the question of how to bring order into the world trading system. These issues are dealt with in 9 chapters by scholars from both the EU and LDCs. Each paper is discussed in terms of its policy relevance by a policy maker as well as by an academic specialized in the field.

Keywords

Developing Countries European Union (EU) PTA Preferential Trade Agreement Trade Agreement WTO Welthandelsorganisation World Trade Organisation World Trading System

Editors and affiliations

  • Olga Memedovic
    • 1
  • Arie Kuyvenhoven
    • 1
    • 2
  • Willem T. M. Molle
    • 1
    • 3
  1. 1.Netherlands Economic InstituteThe Netherlands
  2. 2.Wageningen Agricultural UniversityThe Netherlands
  3. 3.Erasmus University RotterdamRotterdamThe Netherlands

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4615-5225-3
  • Copyright Information Kluwer Academic Publishers 1999
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4613-7381-0
  • Online ISBN 978-1-4615-5225-3
  • About this book