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Regionalism in Global Trade (Hardcover)
Loot Price: R3,060
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Regionalism in Global Trade (Hardcover)
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This comprehensive book addresses one of the most important aspects
of international trade, namely, regional trade and regional
integration agreements (RIAs). The focus of intense global interest
and debate over the last decade, RIAs have become an integral and
enduring aspect of the multilateral trading regime. Dilip K. Das
analyzes the latest trends, evaluates the pattern and gauges the
progress of regional integration in the global economy over the
post-war, and especially the contemporary, periods. At present
approximately half of the world's trade is intra-RIA. Virtually all
146 members of the World Trade Organization are partners in at
least one RIA, and several are part of two or more. While some
economists believe that this proliferation of RIAs should be
welcomed, others are less sanguine and emphasize the importance and
primacy of multilateral trade liberalization. Dilip K. Das examines
whether regionalism has a rightful place in a rapidly globalizing
world economy. The role of RIAs in the global trading system is
explored as well as their role in promoting economic development,
their welfare implications and whether they adversely affect the
global trading system. The principal foci of the book include the
impact of RIAs' market access provisions and trade regulatory
functions on international trade relations. Academics, researchers,
and students in the areas of economics, international political
economy, political science, international relations, regionalism,
and business will find this timely volume of great interest.
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