What is the New Regionalism?

Sheila Page
Additional contact information
Sheila Page: Overseas Development Institute

Chapter 1 in Regionalism among Developing Countries, 2000, pp 3-13 from Palgrave Macmillan

Abstract: Abstract Why do countries form regions? How do these affect their members, those excluded, and the international system?In the last decade, new developments in trade and in the institutional structure of international economic relations have brought these questions back on to the international policy and research agenda. The multilateral trading system has been extended to new subjects and strengthened, with the completion of the Uruguay Round of trade negotiations and the implementation of the World Trade Organization (WTO) in January 1995. National governments have changed how they intervene and regulate. Between these, at the regional level: in some regions, the share of intra-regional trade has increased strongly; the number of formal regional organizations has increased at an unprecedented rate, with new groups emerging and old ones reviving; many have shown a commitment to other forms of cooperation in parallel with the extension of the coverage of ‘trade’ seen at the GATT/WTO level; the European Union already acts as a single unit in some cases rather than as a group of members with some common interests, although the members still act separately in other circumstances. Other regional groups are now following its example. The multilateral organizations and non-members of regions are having to adapt to new links among their members and to new counterparts: to a more diverse international structure, with a mix of countries and groups at various stages or degrees of integration.

Keywords: European Union; World Trade Organization; Uruguay Round; Much Favoured Nation; Multilateral Organization (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-98268-6_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9780333982686

DOI: 10.1057/9780333982686_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().