This book analyses the fast spread of free trade agreements (FTAs) across the globe, their content and their economic impact. In the wake of Brexit and the new protectionism of President Trump, Melchior offers a timely assessment of key issues relating to FTAs.
Dividing the world into seven major regions, he analyses world trade, the globalisation of FTAs and their role within and between the regions. Using a new world trade model, he then presents new evidence on the impact of trade agreements, the value of trade, the impact of Chinas growth and the Wests industrial decline, and the role of reciprocity in trade policy. Covering rich and poor countries, commodity exporters and all of the worlds regions, he offers new and original insights about a number of pertinent issues facing todays world.
Chapter 1: Introduction and Overview
Chapter 2: A Portrait of World Trade
Chapter 3: The Global Landscape of FTAs
Chapter 4: Tariffs: The Most and the Least Favoured Nations
Chapter 5: Non-tariff Issues in FTAs
Chapter 6: How Important is Trade? Estimates from a World Trade Model
Chapter 7: Trade, USA and the rise of China: Pains and Gains
Chapter 8: Global Versus Local Integration and Europes Options
Chapter 9: Trade Policy Spillovers and Regulatory Cooperation
Arne Melchior is Senior Research Fellow at the Centre for International Economics and Trade at the Norwegian Institute of International Affairs (NUPI), Norway. His research interests include international trade and trade policy, economic geography, international inequality and global economic development.
This book analyses the fast spread of free trade agreements (FTAs) across the globe, their content and theils?
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