Sustaining multilateral trade cooperation in a multipolar world economy
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1559-7431; 1559-744X
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Review of international organizations, 2014, Vol. 9, No. 2 SI, pp. 241-260
[Global Governance Programme]; [Global Economics]
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HOEKMAN, Bernard M., Sustaining multilateral trade cooperation in a multipolar world economy, Review of international organizations, 2014, Vol. 9, No. 2 SI, pp. 241-260, [Global Governance Programme], [Global Economics] - https://hdl.handle.net/1814/33976
Abstract
The deadlock in the WTO Doha Round has been accompanied by an increased focus on the negotiation of preferential trade agreements, including so-called 'mega-regionals'. This paper discusses possible implications for-and possible responses by-excluded countries that have little prospects of participating in most of the mega-regionals. A number of complementary avenues are identified through which such countries might attenuate the potential downsides of preferential trade liberalization among large countries, as well as some proposals that would expand the scope to pursue cooperation on regulatory policies in the WTO as opposed to PTAs.
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Published version of EUI RSCAS WP 2013/86 Global Governance Programme-73