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Japan-US Center UFJ Bank Monographs on International Financial Markets : Trade Blocs: Economics and Politics - Pravin Krishna

Japan-US Center UFJ Bank Monographs on International Financial Markets

Trade Blocs: Economics and Politics

Paperback Published: 19th August 2010
ISBN: 9780521158114
Number Of Pages: 220

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Despite the successes achieved in liberalizing trade by multilateral trade negotiations sponsored by the World Trade Organization (WTO), numerous countries have separately negotiated preferential trade treaties with one another. Representing a significant departure from the WTO's central principle of non-discrimination among member countries, preferential trade blocs are the subject of an intense academic and policy debate. The first section of this 2005 book presents a rudimentary and intuitive introduction to the economics of preferential trade agreements. The following chapters present the author's theoretical and empirical research on a number of questions surrounding the issue of preferential trade agreements including the design of necessarily welfare-improving trade blocs, the quantitative (econometric) evaluation of the economic (welfare) impact of preferential trade liberalization, and the impact of preferential trade agreements and the multilateral trade system.

Introduction and overview
Research objectives
The economics of preferential trade areas
Trade creation and trade diversion
Revenue transfer effects
Necessarily welfare improving preferential trade areas
Customs unions
Non-economic objectives
Free trade areas
Geography and natural trading partners
Modeling preferential trade liberalization: theory
Modeling preferential trade liberalization: econometrics
Data and estimation results
Preferential trade agreements and multilateralism
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521158114
ISBN-10: 0521158117
Series: Japan-Us Center Ufj Bank Monographs on International Financi
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 220
Published: 19th August 2010
Country of Publication: GB
Dimensions (cm): 21.59 x 13.97  x 1.27
Weight (kg): 0.29