Regionalism and the World Trade Organization: Is Non-Discrimination Passe?

T. Srinivasan

Working Papers from Yale - Economic Growth Center

Abstract: The paper begins with a discussion of the reasons for the failure of the Working Party mechanism set forth in Article XXIV for examining the consistency of proposed PTA's with GATT. It then briefly surveys the recent literature on regionalism and multilateralism, focusing more on the issues raised than on analytical models. It critically examines the conept of "open regionalism" that has been enthusiastically advanced by the United States in particular and finds it problematic, if not an oxymoron. The paper concludes with a discussion of how further progress towards a non-discriminatory world trading system could be made, even as preferential regional liberalization initiatives proliferate.

Keywords: FREE TRADE AREAS; TARIFFS; CUSTOMS UNIONS; INTERNATIONAL TRADE (search for similar items in EconPapers)
JEL-codes: F31 F41 (search for similar items in EconPapers)
Pages: 29 pages
Date: 1996
References: Add references at CitEc
Citations: View citations in EconPapers (5)

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

Related works:
Working Paper: Regionalism and the World Trade Organization: Is Non-Discrimination Passe? (1996)
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:fth:yalegr:767

Access Statistics for this paper

More papers in Working Papers from Yale - Economic Growth Center U.S.A.; YALE UNIVERSITY, ECONOMIC GROWTH CENTER, YALE STATION NEW-HAVEN CONNECTICUT 06520 U.S.A. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().