Trade and Cooperation: A Regional Public Goods Approach
Organisation: Integration and Regional Programs Department, Inter-American Development Bank
Publish Date: November 2002
Country: Global
Sector: Development
Theme: Trade Relations
Type: Other publication
Language: English
Tags: Regional Integration, Regional, Trade, Cooperation, Regionalization
In this paper we attempt to provide a framework to account for this increasing interest in regionalism at a time when some important global initiatives are in a stand-by mode, or face important challenges in terms of their goals in the immediate future. The United Nations Millennium Goals, the WTO Doha Agenda, the New Financial Architecture and Global Bankruptcy laws, the Global Climate initiatives and even the war against international terrorism are just a few examples of global approaches to a wide range of problems. We do this by studying the relationship between trade and integration agreements and other cooperation agreements, and by connecting at least three important bodies of literature: (1) recent economic and trade literature on the new regionalism; (2) political theories of international cooperation; and (3) public choice literature related to the provision of public goods on a regional scale (regional public goods).
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