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The next GATT round: Bilateralism versus multilateralism?

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  • Klepper, Gernot

Abstract

A breakthrough towards the liberalization of trade in a world economy distorted by a multitude of trade barriers can only be achieved by bllateral or plurilateral negotiations, it is argued by some. The spread of bilateralism will lead to a fragmentation of world trade and the further distortion of the world economy, counter their opponents. Our author reviews some theoretical arguments in the light of historical situations similar to the present.

Suggested Citation

  • Klepper, Gernot, 1986. "The next GATT round: Bilateralism versus multilateralism?," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 21(5), pages 232-238.
    • Handle: RePEc:zbw:inteco:1335
    DOI: 10.1007/BF02926977
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    Cited by:

    1. Siebert, Horst, 1987. "Importe aus der Dritten Welt: Anpassungsnotwendigkeiten in der Bundesrepublik," Discussion Papers, Series II 17, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    2. Schmieding, Holger, 1988. "The dynamics of trade diversion: Observations on West Germany's integration into the Little European Common Market 1958-1972," Kiel Working Papers 334, Kiel Institute for the World Economy (IfW Kiel).
    3. Henning Knorr & Andreas Tegge, 1990. "Liberalization strategies for free trade in services," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 25(5), pages 220-228, September.

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