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Big-Think Regionalism: a Critical Survey

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Baldwin, Richard

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Abstract

Economic thinking on regionalism has traditionally focused on the Vinerian question: Would a nation gain from joining a trade bloc? Since 1991, "Big Think Regionalism" considers the broader question of regionalism’s impact on the world trading system focusing on two questions: Does spreading regionalism harm world welfare? and Does regionalism help or hinder multilateralism? This paper syntheses and critiques the theoretical literature in an attempt to identify the insights that are useful for thinking about regionalism’s systemic impact in the new century.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6874.

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Date of creation: Jun 2008
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Handle: RePEc:cpr:ceprdp:6874

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Related research
Keywords: Multilateralism Regionalism Stumbling and building blocks World trade system

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Find related papers by JEL classification:
F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F15 - International Economics - - Trade - - - Economic Integration

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  1. Melatos, Mark & Woodland, Alan, 2007. "Endogenous trade bloc formation in an asymmetric world," European Economic Review, Elsevier, vol. 51(4), pages 901-924, May. [Downloadable!] (restricted)
  2. Baier, Scott L. & Bergstrand, Jeffrey H., 2004. "Economic determinants of free trade agreements," Journal of International Economics, Elsevier, vol. 64(1), pages 29-63, October. [Downloadable!] (restricted)
  3. Collie, David R, 1997. "Bilateralism Is Good: Trade Blocs and Strategic Export Subsidies," Oxford Economic Papers, Oxford University Press, vol. 49(4), pages 504-20, October. [Downloadable!] (restricted)
  4. Peter Lloyd, 2002. "New Bilateralism in the Asia-Pacific," The World Economy, Blackwell Publishing, vol. 25(9), pages 1279-1296, 09. [Downloadable!] (restricted)
  5. Freund, Caroline, 2000. "Multilateralism and the endogenous formation of preferential trade agreements," Journal of International Economics, Elsevier, vol. 52(2), pages 359-376, December. [Downloadable!] (restricted)
  6. Philippe Aghion & Pol Antràs & Elhanan Helpman, 2004. "Negotiating Free Trade," NBER Working Papers 10721, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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This page was last updated on 2008-11-7.

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