DP2629 EC Regionalism at the Turn of the Millennium: Towards a New Paradigm?
|Publication Date:||November 2000|
|Keyword(s):||Regional Trade Agreements, World Trading System|
|Programme Areas:||International Trade and Regional Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=2629|
The paper examines the development of regional trade agreements (RTAs) between the European Community (EC) and its partners during the past decade. It finds that EC regionalism has recently entered a new phase: regional trade agreements with countries outside Europe. As a result of parallel initiatives by the United States, the world trading system finds itself in virgin, and potentially dangerous, territory.