Cover image for Regionalism, multilateralism, and economic integration : the recent experience
Title:
Regionalism, multilateralism, and economic integration : the recent experience
Author:
Sampson, Gary P.
Publication Information:
Tokyo ; New York : United Nations University Press, [2003]

©2003
Physical Description:
xiv, 364 pages : illustrations ; 24 cm
Language:
English
Contents:
A framework for assessing regional trade agreements : WTO-plus / Stephen Woolcock -- The association agreement between the European Union and Poland / Magnus Feldmann -- The EU--Mexico Free Trade Agreement : assessing the EU approach to regulatory issues / Joakim Reiter -- The Euro-Mediterranean Agreements / Tomas Baert -- The North American Free Trade Agreement / Julius Sen -- The Chile-Canada Free Trade Agreement / Sebastin Herreros -- The closer economic relations agreement between Australia and New Zealand / Gary P. Sampson -- Food safety and eco-labelling regulations : a case of transatlantic regulatory regionalism? / Grant E. Isaac -- Regulations confronting trade in services / Bertrall Ross -- Trade in a world of regions / Brigid Gavin and Luk van Langenhove -- Conclusions / Stephen Woolcock.
Reading Level:
1510 Lexile.
ISBN:
9789280810837
Format :
Book

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Summary

Summary

In recent years, the central question relating to regional trade agreements has been whether or not they have promoted deeper integration in the regulatory structures of the participating countries. The answer has profound implications for the future of multilateral cooperation through the World Trade Organization (WTO) and international economic relations in general. This volume examines a number of different regional agreements and finds that there is no one model for what constitutes deeper integration. The authors conclude that regional trade agreements have led to deeper integration in a number of fields, and that the regional processes and rules have been consistent with the multilateral obligations of the countries involved. They find that recent agreements are generally more effective in facilitating trade and improving transparency than the more remote WTO procedures.


Author Notes

Gary P. Sampson is the John Gough Professor of International Trade at Melbourne Business School at the Universtiy of Melbourne, and professor of international economic governance at the United Nations University Institute of Advanced Studies in Yokohama, Japan. Stephen Woolcock is a lecturer in international relations at the London School of Economics and associate research fellow at UNU-CRIS in Bruges, Belgium.


Reviews 1

Choice Review

This volume addresses several regulatory issues raised by the surge in regional trade agreements. According to the WTO, approximately 124 agreements were made between 1948 and 1995. Since 1995, another 130 were signed. This historically unique trend is deserving of study, and the present volume is a solid contribution. After two introductory essays, six case studies of specific agreements follow. Next are two issue-driven chapters that address the topics of food safety and ecolabeling, and trade in services. Two concluding chapters summarize the results. When nations sign regional trade agreements, they are confronted with the choice of harmonizing their regulatory standards or maintaining separate standards that may be accommodated or rejected by trading partners. This collection, edited by Sampson (United Nations Univ., and senior counselor, WTO) and Woolcock (London School of Economics), is intended to promote understanding of the regulatory structures of partner countries and the degree of harmonization and mutual recognition of standards that occurs. Because it focuses on six key agreements, several of which have been pathbreaking, it is a useful contribution to the growing literature on regional economic integration and the impact on regulatory systems. ^BSumming Up: Highly recommended. Upper-division undergraduate through professional collections. J. Gerber San Diego State University


Table of Contents

Gary P. SampsonStephen WoolcockMagnus FeldmannJoakim ReiterTomas BaertJulius SenSebastian HerrerosGary P. SampsonGrant E. IsaacBertrall RossBrigid Gavin and Luk Van LangenhoveStephen Woolcock
List of figuresp. vii
List of tablesp. viii
List of abbreviationsp. x
Forewordp. xiii
Part I Setting the scene
1 Introductionp. 3
2 A framework for assessing regional trade agreements: WTO-plusp. 18
Part II Case studies in regional agreements
3 The Association Agreement between the European Union and Polandp. 35
4 The EU-Mexico Free Trade Agreement: Assessing the EU approach to regulatory issuesp. 62
5 The Euro-Mediterranean Agreementsp. 100
6 The North American Free Trade Agreementp. 135
7 The Chile-Canada Free Trade Agreementp. 167
8 The Closer Economic Relations Agreement between Australia and New Zealandp. 202
Part III Horizontal case studies
9 Food safety and eco-labelling regulations: A case of transatlantic regulatory regionalism?p. 227
10 Regulations confronting trade in servicesp. 253
Part IV Conclusions
11 Trade in a world of regionsp. 277
12 Conclusionsp. 314
List of contributorsp. 349
Indexp. 353