IDEAS home Printed from https://ideas.repec.org/a/cup/pscirm/v1y2013i02p281-303_00.html
   My bibliography  Save this article

Exit Options and the Effectiveness of Regional Economic Organizations

Author

Listed:
  • Gray, Julia
  • Slapin, Jonathan B.

Abstract

Regional economic organizations (REOs) proliferate in the developed and developing world. However, there is wide variation in both their institutional structure and the degree to which they achieve their goals. This article presents a theoretical framework and empirical evidence to explain the variance in the institutional design and effectiveness of these agreements. It argues that the conditions that produce effective and broad agreements are not a function of design, but rather of exogenous factors. If countries within the REO have fewer options for world trade beyond the REO, they will develop strong institutions and make substantial use of them. This study presents a new cross-regional dataset, compiled from expert surveys, to test these arguments. It shows that expert evaluations of how well a REO functions - including its ability to meet its own goals and the ambition of those goals—hinge less on that agreement's legalization and more on the trade opportunities that REO members faced when the institution was formed.

Suggested Citation

  • Gray, Julia & Slapin, Jonathan B., 2013. "Exit Options and the Effectiveness of Regional Economic Organizations," Political Science Research and Methods, Cambridge University Press, vol. 1(2), pages 281-303, December.
  • Handle: RePEc:cup:pscirm:v:1:y:2013:i:02:p:281-303_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S2049847013000083/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Todd Allee & Manfred Elsig, 2016. "Why do some international institutions contain strong dispute settlement provisions? New evidence from preferential trade agreements," The Review of International Organizations, Springer, vol. 11(1), pages 89-120, March.
    2. Mette Eilstrup-Sangiovanni & Daniel Verdier, 2024. "To reform or to replace? Succession as a mechanism of institutional change in intergovernmental organisations," The Review of International Organizations, Springer, vol. 19(4), pages 691-719, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:pscirm:v:1:y:2013:i:02:p:281-303_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/ram .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.