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

Autori
Bilas, Vlatka ; Franc, Sanja

Izvornik
Časopis za ekonomiju i tržišne komunikacije (2232-8823) VI (2016), 2; 212-232

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, izvorni znanstveni, znanstveni

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

Sažetak
The aim of this study is to investigate the motives and eff ects of mega-regional trade agreements on the multilateral trading system using the example of Trans Pacifi c 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. Th e response to the regional trade agreements, especially mega- regionals, will mostly depend upon the eff ect 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