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International Trade And Regional Economies

Author : David J Hayward
ISBN : 0367012006
Genre :
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As economic integration among nations emerges as the dominant mechanism affecting trade patterns, the global economy is rapidly evolving into a patchwork of regional blocs. International trade is no longer the exclusive domain of sovereign states; its sources are increasingly found at the supernational level, while its impacts are more and more felt in subnational regions. In addition, the increase in freer economic policies all over the globe has so undermined national authority that regional economies are inevitably opened up to international trade. In this volume, David Hayward considers the issue of regional exposure to external economic events, exploring the role of trade in the performance of American states and regions. Using a shift-share model to evaluate the contribution of exports and imports in the growth of U.S. manufacturing industries, Hayward focuses specifically on the case of trade with the European Community, analyzing the potential impacts of its deepening integration on trade with individual states. He concludes by assessing the distinct variations in states' trade experiences with the EC.

Regional Trade And Economic Integration

Author : Ram Upendra Das
ISBN : 9789814374606
Genre : Business & Economics
File Size : 86. 54 MB
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The Asia-Pacific region has emerged as a dominant player in trade and will continue to be an influential component of world trade and economics. This book presents an informative outlook on the various regional and trade agreements (RTAs) and their beneficial effects on bilateral trade. In particular, the authors concentrate on India and China, the two major rising powers, and the impact of exchange of information and sharing of resources between these two countries in wide-ranging areas. It provides an incisive analysis and a roundup of all major RTAs and also presents an overview of all major agreements between the countries involved, which might propel their trade numbers and influence future economic engagements. The book also discusses possible obstacles that are encountered during the implementation of RTAs and circumvention routes that can be taken to ensure the successful execution of the agreements. International trade agreements, such as General Agreements on Trade and Tariffs, which have revolutionized the trade dynamics by opening up new areas of trade and formulating specific guidelines for the member countries to adhere to during trade negotiations, are discussed. The book also provides new insights into some of the issues under negotiation, such as sensitive lists, trade, investment cooperation, and trade in services. The existing economic cooperation arrangements in the region as well as those that are at various stages of study and negotiations, empirical insights and policy suggestions are elucidated in detail.

State Trading And Regional Economic Integration Among Developing Countries

Author : Dharam P. Ghai
ISBN : UOM:35112102885334
Genre : Developing countries
File Size : 68. 45 MB
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New Regionalism Tendencies And The Impact On World Trade

Author : Patrick Daum
ISBN : 9783656181507
Genre : Business & Economics
File Size : 57. 23 MB
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Seminar paper from the year 2011 in the subject Economics - International Economic Relations, grade: 1,3, , language: English, abstract: Contents 1 Introduction 2 Multilateralism vs. Regionalism 2.1 Regional Trade Agreements – Types and Development 2.2 GATT Regulations 3 New Regionalism – Impact on World Trade 3.1 Positive vs. Negative Effects 3.2 Winners and Losers 3.3 NAFTA effects on the Mexican and the World economy 4 Conclusion 5 Bibliography In 2009 German exports totaled 816 billion Euros in value. (EU Observer, 2010).During the 20th century cross-border trade has become one of the defining parameters for many economies and their enterprises in order to achieve competitive advantages. In most countries international trade represents a significant share of the gross domestic product (see figure 1, p.5). Free trade policies have set the base for these global economic integration tendencies.This essay examines the desirability of regional economic integration in comparison to the multilateral trade approach promoted by the World Trade Organization (WTO). In specific it discusses the question whether regionalism encourages or discourages trends towards free trade on a global basis.

Fin30013 International Trade Finance And Fin30015 International Finance

Author :
ISBN : 1121534708
Genre : Competition, International
File Size : 61. 13 MB
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International Trade And Regional Economies

Author : David J. Hayward
ISBN : 9780429723360
Genre : Social Science
File Size : 80. 2 MB
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This book considers the issue of regional exposure to external economic events, exploring the role of trade in the performance of American states. It focuses on the case of trade with the European Community, analyzing the potential impacts of its integration on trade with individual states. .

The Transition From Bilateral To Multilateral Free Trade Agreements As A Multiplier Process

Author : Eugen Dimant
ISBN : 9783640816743
Genre : Business & Economics
File Size : 77. 82 MB
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Scientific Essay from the year 2010 in the subject Economics - Foreign Trade Theory, Trade Policy, grade: 97.5%, Ottawa University, course: Multinational Business Policy, language: English, abstract: Stemming from the ongoing globalization, the process of global integration and international trade has accelerated ever since. Where back in the days the trade was more or less bounded to inter-regional trade with customers, partners and countries in close proximity, nowadays goods are shipped throughout the world, costs of transportation have decreased, time to market has increased and thus the needs and desires can be served almost instantly throughout the world particularly because of the continuous support of the WTO, where “a plethora of bilateral and regional trading and economic cooperation agreements have been mushrooming globally, and increasingly in the Asia-Pacific, generating a wave of “new regionalism” in Asia” (Sen; Srivastava 2009: 194). Concerned by the Asian financial crisis in 1997-1998, the ASEAN countries were under the impression of a slowdown in pace of trade liberalization and thus this put pressure on these countries to engage sustainably in mutual beneficial trade and economic integration. By that, “at a theoretical level regional economic integration is being taken to mean deepening of intra-regional trade, expansion of mutual foreign direct investment (FDI) and harmonization of commercial regulations, standards and practices.” (Ekanayake; Veeramacheneni 2009: 2). This proceeding integration in ASEAN has mainly been motivated by the intention to create an attractive production base and to satisfy the rising competitive challenge on the part of China and India for both, domestic and foreign companies. (Hew; Sen 2004: 1-2). The impact especially of the ASEAN countries has raised over time, mainly in comparison to the OECD countries. “At the same time that developing Asia‟s share in ASEAN trade has been rising substantially (from about one-third to nearly one-half of total ASEAN exports and imports over the 1990-2004 period), the share of major OECD countries has fallen commensurately.” (Naya; Plummer 2006: 231). As a reason for that “both trade and financial liberalization are believed to have propelled faster the long-run economic growth of the East Asian economies.” (Masron; Yusop 2008: 292).

The New Regional Economies

Author : William R. Barnes
ISBN : 9780761909392
Genre : Business & Economics
File Size : 54. 59 MB
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The politics and economics of the United States are wedded in the political economy of the nation state and the nationalist economic policies. This `nationalist paradigm' is, however, showing the following signs of fatigue: the role of the nation state is diminishing as the economy globalizes; US national accounting systems are less effective, technology forces change; trading blocs are emerging; there is less control of exchange rates; regional economies are restructuring; and competitive environments are changing. This book proposes that political jurisdictions are not economies but polities, and explores the complex and important economic implications of this thesis.

Nafta S Impact On Mexico S Regional Development

Author : Adrián de León-Arias
ISBN : 9811631670
Genre : Business & Economics
File Size : 24. 92 MB
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In this book, the dynamics of continuity and change in the regional economic development of Mexico and the US border states are analyzed. These studies cover the last 25 years, after the first trade agreement, between a developed and a developing country, tooks place, and where international trade and investment have been combined with a set of relevant local factors such as regional innovation, industrialization patterns, multinational corporations’ modes of operation, public investment, and national content of exports. The book offers researchers a precise identification of stylized facts that characterize the pattern of regional development in Mexico and the US Southwest as well as state-of-the-art applications contrasting hypotheses from new economic geography, endogenous and neo-Schumpeterian economic growth models, and new international trade. To graduate and advanced undergraduate students in the fields of spatial geographic economics, this book offers an excellent source for its updated review of current topics on regional development in Mexico. To policy makers, the book helps to identify policy areas to reinforce the dynamics of regional development. Whereas other books have looked at the several impacts of NAFTA on national economies, productive sectors, and societies, this book analyzes the trade agreement’s impact with a long-term view across the diversity of developments of Mexico ́s regions. As well, the analysis is carried out with the perspective of prospective reforms of a renovated trade agreement between the United States and the new Mexican federal administration . The collaborators in this book are researchers who are experts at the international and national levels in the field of regional economic development. During the last 25 years they have conducted their analyses in different regions of Mexico and the United States as university researchers, advisors to state and federal governments, and as practitioners.

Japan And A New World Economic Order

Author : Kyoshi Kojima
ISBN : 9781136928802
Genre : Business & Economics
File Size : 68. 88 MB
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President Nixon’s new economic policy of August 1971, aggravated by the oil problem since October 1973 caused chaos and uncertainty in the international trade and currency system. There were fears of another 1930s style depression. In addition, a world food shortage and strident claims by developing countries for perpetual sovereignty over resources added another set of difficulties. This volume, written from Japan’s standpoint, suggests a new direction for the world and regional economic order. The book tackles two major issues in international economics: Firstly, traditional international trade theory aims only at static maximization in the use of world human and material resources, but, the author stresses more attention should be paid to such dynamic or developmental elements as population growth, immigration, natural resource development, improvement in transfer of technology, economies of scale, direct foreign investment and economic integration in order to create development centres or sectors in the world economy. Secondly, the author discusses how to combine a global and regional approach to economic integration.

Regional Economic Intergration I E Integration

Author : Saroj Rani
ISBN : 8178357313
Genre : Asia, Central
File Size : 41. 23 MB
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The Regional Economic Integration: A comparative study of Central Asian and South Asian Regions. This book has been acknowledged as an exhaustive research on Economic Integration between Central Asia and South Asian as well as within the regions. This book has given an idea that both the regions are complementary to each other having a lot of potential in all growing sectors. To harness this potential efficiently both the regions should cooperate with each other. Economic benefits might help in diluting some political problems exiting within the regions. War devastating countries by Economic Integration could yield maximum benefits in the European Union then why not these regions could do so. History is witnessed that these regions enjoy same social and culturalties while engaging in trade activities. Author has made extensive efforts to highlight the benefits of economic integration for development and prosperity of both the regions.

Globalism And Regional Economy

Author : Susumu Egashiru
ISBN : 9781135012762
Genre : Business & Economics
File Size : 75. 86 MB
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The book covers the results of trial and error of regional economies in Japan, Korea, Austria, New Zealand, and the UK over the past two decades. Since the end of the cold war, regional economies have been struggling to meet the demands of global change, and are trying to find a new approach based on "inter-regional cooperation" to survive and develop further. This book focuses on the circumstances of regional economies worldwide as well as three important issues of concern: commercial and policy issues, international trade, and promoting a regional approach in international tourism. The book presents case studies of five countries and examines the possibility of application to other regions. Although every region has suffered from the decline of traditional industries in the face of international competition, academic analysis of successful cases are particularly useful and relevant to the reforms of regional economies and their development. This book also discusses the current problems of FTAs, tourism, medical management, and regional management and suggests possible short-term development strategies. Regional economies have begun a number of initiatives in these fields in the globalized world. The book demonstrates the current results of such initiatives. The book also explores new patterns of collaboration between regions of different countries following their recent initiatives.

Asian Economic Integration In An Era Of Global Uncertainty

Author : Shiro Armstrong
ISBN : 9781760461768
Genre : Political Science
File Size : 45. 53 MB
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The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968. The 38th PAFTAD conference met at a key time to consider international economic integration. Earlier in the year, the people of the United Kingdom voted to leave the European Union and the United States elected Donald Trump as their next president on the back of an inward-looking ‘America First’ promise. Brexit and President Trump represent a growing, and worrying, trend towards protectionism in the North Atlantic countries that have led the process of globalisation since the end of the Second World War. The chapters in the volume describe the state of play in Asian economic integration but, more importantly, look forward to the region’s future, and the role it might play in defending the global system that has underwritten its historic rise. Asia has the potential to stand as a bulwark against the dual threats of North Atlantic protectionism and slowing trade growth, but collective leadership will be needed regionally and difficult domestic reforms will be required in each country.

Trade And Regional Integration In South Asia

Author : Selim Raihan
ISBN : 9789811539329
Genre : Business & Economics
File Size : 77. 1 MB
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Gathering contributions from leading academics and international trade experts from South Asia, this book is dedicated to the late Dr. Saman Kelegma, whose untimely death in June 2017 left a huge void in the field of regional economic cooperation. Keeping in mind his enduring legacy regarding regional cooperation in South Asia, it covers issues related to the challenges of deeper regional integration in South Asia and proposes strategies to address these challenges. It also offers an up-to-date, rigorous academic analysis of various issues related to low intra-regional trade in South Asia; prevalence of tariff barriers; incidence of a range of non-tariff measures; challenges of weak-trade-related infrastructure and the need for trade facilitation; the political economics of regional integration, highlighting how bilateral political relations affect the integration process; low level of intra-regional investment; South Asia’s pattern of integration with the global and regional value chains; pattern and dominance of informal trade; and alternative regional integration initiatives in South Asia, such as the bilateral, regional, and sub-regional trade agreements within and countries outside this region. Intended primarily for researchers and students of international trade, and policymakers from South Asia and beyond, the book is also a valuable supplementary reference resource for researchers and students. Furthermore, the pragmatic analysis of the policy options presented offers guidance for policymakers in South Asia wanting to implement effective policies and strategies for deeper regional integration.

Economic And Environmental Impact Of Free Trade In East And South East Asia

Author : Kakali Mukhopadhyay
ISBN : 9789048135073
Genre : Business & Economics
File Size : 36. 8 MB
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In recent years, the East and South East Asian region has witnessed a rapid expansion of regional economic cooperation through bilateral and plurilateral free trade agreements. The current book attempts to comprehensively analyze the economic and environmental impacts of regional economic integration in East and South East Asia to the year 2020. This region has some of the fastest growing economies of the world. A global economic model was used to undertake the analysis. A rare feature of the book is the detailed environmental implications of the Regional Trade Agreements focusing on air, water, and waste pollution. Economic integration among the East and South East Asian region has been an important agenda item for the academic and policy communities in recent years. The study provides insight into pursuing a concrete multilateral trade liberalization policy (combining ASEAN and other countries in East Asia) and throws more light on the on-going trade and environment debate. This book will be a good addition to the field of trade and the environment. The academic community – primarily researchers and policy makers, and world bodies, such as the WTO, ADB and the World Bank, will benefit from the book.

Wto And World Trade

Author : Günter S. Heiduk
ISBN : 9783790816303
Genre : Business & Economics
File Size : 53. 65 MB
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Giinter S. Heiduk* and Kar-yiu Wong** * Institute of International and Regional Economic Relations, University of Du- burg-Essen, Campus Duisburg, Germany ** Department of Economics, University of Washington, Seattle, USA The rapid growth of world trade has become one of the most phenomenal features of the international order after the World War. While different countries were - periencing various growth rates of their economies, most of them found out that foreign trade grew much faster than their economies. As a matter of fact, for most economies, foreign trade has been determined to be one of the biggest and the most consistent contributors to economic growth. Nowadays world trade is a very complicated phenomenon because it is not just an economic but also a social, political, environmental, labour, and legal matter. Economists care about world trade because economies are getting more and more open and world trade is related to the properties of open economies. Government planners care about world trade because it is related to many issues that the economies are facing: Resource allocation, income distribution, employment, p- duction, consumption, government revenue, economic growth, and economic w- fare. A right trade policy will enhance the economic welfare and growth of the economy in a more harmonious and equitable way. A wrong policy, however, could spell disaster.

Regional Economic Cooperation

Author : ECAFE Library
ISBN : STANFORD:36105111514191
Genre : Asia
File Size : 58. 34 MB
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Multilateral Vs Regional Economic Integration? The Middle East And North African Region

Author : Benjamin Hätinger
ISBN : 9783640695065
Genre :
File Size : 73. 54 MB
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Diploma Thesis from the year 2009 in the subject Economics / Business, grade: 2,3, University of Hohenheim, language: English, abstract: In this study it is intended to investigate today 's actual economic interdependence of what we would call the Middle East and North African (MENA) region and to analyze its economic interweaving, both among its member countries and into the global trading system. Being aware of the complexity and breadth of this topic, the author has chosen only three subset economic integration agreements, both between the countries of the MENA region (intraregional) " also comprising a subregional agreement " and between the MENA region and other regions (interregional), for closer analysis. Concerning the efforts made towards interregional economic integration, this thesis concentrates mainly on the so-called EU-MED Partnership which was initiated at the Barcelona Conference in 1995 and aims to establish an EU-Med Free Trade Area (EMFTA) by the year 2010 including the EU and the 12 so-called Mediterranean countries which, apart from Malta, Cyprus and Turkey, all belong to the MENA region. In contrast, on the intraregional level, the latest initiative in 1997 will be examined, where 17 out of 22 Arab League member states - all of which also belong to the MENA region apart from Sudan " joined to constitute a Greater Arab Free Trade Area (GAFTA, mainly to get rid of traditional trade barriers for goods. On the smaller subregional level, the Gulf Cooperation Council (GCC), consisting of 6 Gulf countries, which plans the establishment of a common currency by 2010, will be examined more closely. With GAFTA, GCC and the EU-MED Partnership all being in a different depth of integration and each representing one of the three different levels of integration (subregional, intraregional, interregional), the author holds the view that this choice reflects the actual state of integration in the region best. In a nutshell, this study tests the compatibility a

International Trade Outlook For Latin America And The Caribbean

Author :
ISBN : 9210047524
Genre : International trade
File Size : 44. 86 MB
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Regional Integration And Trade In Africa

Author : Mthuli Ncube
ISBN : 9781137462053
Genre : Business & Economics
File Size : 21. 92 MB
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This book reviews the current trends and challenges of regional integration and trade in Africa. It provides valuable policy recommendations aimed at stimulating the debate among the government, private sector and development community on the ways to promote regional trade for Africa's economic development.

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