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A Shifting Mandate: International Ownership, Global Fragmentation, and a Case for Deeper Integration under the WTO

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  • BLANCHARD, EMILY J.

Abstract

This paper reviews several key implications of international investment and global supply chain fragmentation for the multilateral trading system. Based on existing economic research, I identify a two-fold challenge for policy makers: first, to leverage the trade-liberalizing potential of global fragmentation at the multilateral level; and, second, to counter the potential for opportunistic manipulation of behind-the-border policy instruments.

Suggested Citation

  • Blanchard, Emily J., 2015. "A Shifting Mandate: International Ownership, Global Fragmentation, and a Case for Deeper Integration under the WTO," World Trade Review, Cambridge University Press, vol. 14(1), pages 87-99, January.
    • Handle: RePEc:cup:wotrrv:v:14:y:2015:i:01:p:87-99_00
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    1. Pol Antras & Robert W. Staiger, 2012. "Trade Agreements and the Nature of Price Determination," American Economic Review, American Economic Association, vol. 102(3), pages 470-476, May.
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    Cited by:

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    3. Fontagné, Lionel & Santoni, Gianluca, 2021. "GVCs and the endogenous geography of RTAs," European Economic Review, Elsevier, vol. 132(C).
    4. Matteo Fiorini & Mathilde Lebrand, 2016. "The Political Economy of Services Trade Agreements," CESifo Working Paper Series 5927, CESifo.
    5. Taherzadeh, Oliver, 2020. "Locating pressures on water, energy and land resources across global supply chains," SocArXiv ue45p, Center for Open Science.
    6. Bernard Hoekman & Douglas Nelson, 2020. "Subsidies, Spillovers and Multilateral Cooperation," RSCAS Working Papers 2020/12, European University Institute.
    7. Vlatka Bilas, 2018. "World Trade Organization and regional economic integrations: together in future or not?," International Studies, Libertas International University, vol. 18(1-2), pages 49-64.
    8. Nelson, Douglas, 2018. "21st Century Trade Agreements and the Owl of Minerva," CEPR Discussion Papers 12620, C.E.P.R. Discussion Papers.

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