Trade Liberalization in the Americas: are Regionalism and Globalization Compatible?

David Roland-Holst and Dominique van der Mensbrugghe ()

Economie Internationale, 2003, issue 94-95, 17-31

Abstract: Trade liberalization across the Americas holds the potential to substantially improve living standards and present a successful model of North-South regionalism. In this paper, we use a global CGE model to assess the effects of such an arrangement for both member and non-member economies. We also evaluate a number of other issues, including incentive compatibility of the regional agreement for individual members and its structural compatibility with the larger agenda of global trade liberalization.

Keywords: General Equilibrium Model; Regional Integration; Trade Regimes (search for similar items in EconPapers)
JEL-codes: C6 F1 F4 (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:cii:cepiei:2003-2q-3qa

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