Abstract

1 Forthcoming Journal of World Trade , 2007 41(2), 351-69 Regionalism and Developing Countries: A Primer Jaime de Melo† December 2006 Abstract The paper discusses regionalism from the standpoint of developing countries surveying the more significant recent contributions surrounding the contentious debate about identifying resulting benefits for Southern partners in the recent wave of North-South Preferential Trading Agreements (PTAs). The primer starts with an assessment of efficiency effects of PTAs with a focus on the consequences of partner choice, then moves on to non-traditional aspects of regionalism. Implementation issues deal with the extent of integration and the implications of rules of origin for the extent of market access. The paper closes with a discussion of the politics and political economy of trade policy decisions in PTAs. JEL: F11, F15, Keywords: regional integration, trade creation, trade diversion, political economy

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