Regionalism, Multilateralism, and Economic Integration: The Recent Experience

By Gary P. Sampson; Stephen Woolcock | Go to book overview

10
Regulations confronting trade in
services
Bertrall Ross

Introduction

An important debate in the study of international political economy is over the issue of multilateralism versus regionalism and, in particular, whether regional trading arrangements (RTAs) work as a building block or a stumbling block to multilateralism. 1 The debate (Lawrence, 1995, among others) revolves around the issue of whether regionalism serves as an alternative to multilateralism, as a useful supplement to multilateralism, or as a means of accelerating the multilateral process. Much of this debate has focused on the goods market and the accompanying welfare effects of regionalism on the global trading structure. In particular it has used the Vinerian approach (see Viner, 1950) of calculating whether RTAs are trade creating or trade diverting in determining whether RTAs are beneficial or detrimental to the multilateral trading system. This emphasis on goods has resulted in a tariff-based examination of the multilateralism versus regionalism debate.

In contrast to the wealth of literature focusing on the goods aspect of this debate, very little attention has been paid to whether RTAs serve as a building block or a stumbling block to the elimination of regulatory barriers to trade. These regulatory barriers are especially prominent in the services market, which by many calculations amounts to 20 per cent of global trade. The negotiation of the General Agreement on Trade in Services (GATS) resulted in the emergence of a multilateral regime

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Regionalism, Multilateralism, and Economic Integration: The Recent Experience
Table of contents

Table of contents

  • Title Page *
  • Contents v
  • Figures vii
  • Tables viii
  • Abbreviations x
  • Foreword xiii
  • Part I - Setting the Scene 1
  • 1 - Introduction 3
  • Notes *
  • References *
  • 2 - A Framework for Assessing Regional Trade Agreements: Wto-Plus 18
  • Notes *
  • References *
  • Part II - Case Studies in Regional Agreements 33
  • 3 - The Association Agreement Between the European Union and Poland 35
  • Notes *
  • References *
  • 4 - The Eu–mexico Free Trade Agreement: Assessing the Eu Approach to Regulatory Issues 62
  • Notes *
  • References *
  • 5 - The Euro-Mediterranean Agreements 100
  • Notes *
  • References *
  • 6 - The North American Free Trade Agreement 135
  • Notes *
  • References *
  • 7 - The Chile–canada Free Trade Agreement 167
  • Notes *
  • References *
  • 8 - The Closer Economic Relations Agreement Between Australia and New Zealand 202
  • Notes *
  • References *
  • Part III - Horizontal Case Studies 225
  • 9 - Food Safety and Eco-Labelling Regulations: a Case of Transatlantic Regulatory Regionalism? 227
  • Notes 251
  • References *
  • 10 - Regulations Confronting Trade in Services 253
  • Notes *
  • References *
  • Part IV - Conclusions 275
  • 11 - Trade in a World of Regions 277
  • Appendix 296
  • Notes 312
  • References *
  • 12 - Conclusions 314
  • Appendix 340
  • Notes 348
  • References *
  • Contributors 349
  • Index 353
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