Recent Regional Agreements: Why So Many, So Fast, So Different and Where Are They Headed?

CIGI Working Paper No. 9

31 Pages Posted: 31 Oct 2006  

John Whalley

University of Western Ontario - Department of Economics; National Bureau of Economic Research (NBER); CESifo (Center for Economic Studies and Ifo Institute); Centre for International Governance and Innovation (CIGI)

Date Written: September 2006

Abstract

Recent years have witnessed a sharp increase in the number of regional trade agreements (RTAs) both concluded and under negotiation. This paper attempts to document and discuss this growth focusing on the United States (US), the European Union (EU), China, India, and the agreements of other countries. The form, coverage, and content of these agreements vary considerably from case to case. This paper poses the following questions: why so many, why the variation, and why the recent increase in RTAs? Implications for the trading system are discussed in the final section.

Keywords: United States, European Union, NAFTA, Regional Trade Agreements

Suggested Citation

Whalley, John, Recent Regional Agreements: Why So Many, So Fast, So Different and Where Are They Headed? (September 2006). CIGI Working Paper No. 9. Available at SSRN: https://ssrn.com/abstract=941445 or http://dx.doi.org/10.2139/ssrn.941445

John Whalley (Contact Author)

University of Western Ontario - Department of Economics ( email )

London, Ontario N6A 5B8
Canada
519-661-3509, ext. 83509 (Phone)
519-661-3666 (Fax)

HOME PAGE: http://www.ssc.uwo.ca/economics/faculty/

National Bureau of Economic Research (NBER)

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Cambridge, MA 02138
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CESifo (Center for Economic Studies and Ifo Institute)

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Munich, DE-81679
Germany

HOME PAGE: http://www.CESifo.de

Centre for International Governance and Innovation (CIGI) ( email )

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Waterloo, Ontario N2L 6C2
Canada

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