Conclusions
Stephen Woolcock
| 1. | What is the impact of regional agreements in the area of regulatory policy? |
| 2. | Do the approaches to regulatory barriers differ from region to region, and if so does this represent a risk of “regulatory regionalism”? |
| 3. | Are regional approaches competing with or complementing multilateral attempts to remove regulatory barriers to trade? |
The first of these questions will be dealt with in a fairly comprehensive fashion in the following section, which summarizes the evidence from the case studies. This reveals a diverse picture, but one in which regional agreements tend to go beyond the provisions of the World Trade Organization (i.e. are WTO-plus) either in coverage or in terms of procedural provisions rather than substantive rule-making.
This leads to a discussion of differences in the approaches adopted by the various regional agreements. This shows that there are some quite significant differences, for example between the greater use of policy approximation/harmonization in agreements concluded by the European Union compared with the preference for a “policed national treatment” approach that tends to characterize the agreements centred on the United States. This section also shows that differences in how regions
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Publication information:
Book title: Regionalism, Multilateralism, and Economic Integration:The Recent Experience.
Contributors: Gary P. Sampson - Editor, Stephen Woolcock - Editor.
Publisher: United Nations University Press.
Place of publication: New York.
Publication year: 2003.
Page number: 314.
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