Regulation of International Trade: Global and Regional Aspects

Vladislav Stepanovich Zagashvili
Additional contact information
Vladislav Stepanovich Zagashvili: Primakov Institute of World Economy and International Relations, RAS, Moscow, Russia

Russian Foreign Economic Journal, 2023, issue 8, 22-32

Abstract: The article considers the interactions that take place at the regional and global levels of economic internationalization, as well as the issues of the transition of regionalization and globalization to the integration stage. It is concluded that major integration eff orts in the foreseeable future will be undertaken rather at the regional than at the global level. The development of international trade is facilitated by a multi-level system of regulation. Regional trade agreements do not undermine the multilateral trading system, but aim at coherence of the rules and regulations established at two levels - regional and global. Preserving the unifying role of the WTO implies formalizing at the multilateral level the fundamental provisions reached by the participants of the most successful regional agreements.

Keywords: international trade; globalization; regional economic integration; multilateral trading system; regional trade agreements; the World Trade Organization (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
http://repec.vavt.ru/RePEc/alq/rufejo/rfej_2023_08_22-32.pdf (application/pdf)

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:alq:rufejo:rfej_2023_08_22-32

DOI: 10.24412/2072-8042-2023-8-22-32

Access Statistics for this article

More articles in Russian Foreign Economic Journal from Russian Foreign Trade Academy Ministry of economic development of the Russian Federation Contact information at EDIRC.
Bibliographic data for series maintained by Irina Katolik ().