The Regionalization of the World Economy
eBook - PDF

The Regionalization of the World Economy

  1. 295 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

The Regionalization of the World Economy

About this book

Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade.
Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.

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Information

Publisher
University of Chicago Press
Year
2007
Print ISBN
9780226259956
eBook ISBN
9780226260228
Topic
Business
Subtopic
Business generale
Index
Business

Table of contents

  1. Contents
  2. Acknowledgments
  3. Introduction
  4. 1. Determinants of Bilateral Trade: Does Gravity Work in a Neoclassical World?
  5. 2. The Role of History in Bilateral Trade Flows
  6. 3. Why Do Countries Seek Regional Trade Agreements?
  7. 4. Continental Trading Blocs: Are They Natural or Supernatural?
  8. 5. The Welfare Implications of Trading Blocs among Countries with Different Endowments
  9. 6. Regional Patterns in the Law of One Price: The Roles of Geography versus Currencies
  10. 7. Regionalization of World Trade and Currencies: Economics and Politics
  11. 8. Tariff Phase-Outs: Theory and Evidence from GATT and NAFTA
  12. 9. Overview
  13. Contributors
  14. Author Index
  15. Subject Index

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Yes, you can access The Regionalization of the World Economy by Jeffrey A. Frankel in PDF and/or ePUB format, as well as other popular books in Business & Business generale. We have over 1.5 million books available in our catalogue for you to explore.