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|z 9781451869279
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Albertin, Giorgia.
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|a Regionalism or Multilateralism? :
|b A Political Economy Choice /
|c Giorgia Albertin.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2008.
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| 300 |
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|a 1 online resource (26 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper provides a political economy analysis of the incentives underpinning a country's decision to enter a regional trade agreement when a multilateral free trade agreement is available, and of how entering a regional trade agreement affects the incentives to pursue multilateral trade liberalization. Taking into account the influence exerted by organized interest groups in the formation of trade agreements, we derive a formal condition under which a regional trade agreement is preferred to a multilateral one. Furthermore, we show that a country's decision to enter a regional trade agreement unambiguously undermines the incentives towards multilateral trade liberalization.
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| 538 |
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2008/065
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2008/065/001.2008.issue-065-en.xml
|z IMF e-Library
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