Naslov
THE EFFECTS OF MEGA-REGIONAL TRADE AGREEMENTS ON THE MULTILATERAL TRADING SYSTEM

Autori
Bilas, Vlatka ; Franc, Sanja

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, znanstveni

Izvornik
EDASOL 2016 Econmic Develeopment and Standard of Living / - , 2016

Skup
VI. International scientific conference on economic development and standard of living E D A S O L 2 0 1 6 Economic development and Standard of living ; Theme: EUROPEAN UNION, INTEGRATION AND THE WESTERN BALKAN – OPPORTUNITIES AND CHALLENGES FOR SOCIO – ECONOMIC DEVELOPMENT

Mjesto i datum
Banja Luka, Bosna i Hercegovina, 21.10.2016. - 22.10.2016

Vrsta sudjelovanja
Plenarno

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
mega-regionals; multilateral trading system; TPP; TTIP

Sažetak
The aim of this study is to investigate the motives and effects of mega-regional trade agreements on the multilateral trading system using the example of Trans Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (TTIP). Multilateralism and regionalism, although opposite trends, coexist simultaneously. While many arguments can be given for both approaches one has to recognize that the number of regional trade agreements is increasing and that regionalism is becoming a prevailing trend. The response to the regional trade agreements, especially mega-regionals, will mostly depend upon the effect on the third countries’ trade interests. Since it is expected that, over time, many of the currently excluded emerging economies will become a part of some mega-regional agreement, it is not likely that new global standards and rules will be created on a strictly regional but rather on multilateral level.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA