The new regionalism and policy interdependence

Baccini, Leonardo ORCID: 0000-0002-6027-9192 and Dür, Andreas (2012) The new regionalism and policy interdependence. British Journal of Political Science, 42 (1). pp. 57-79. ISSN 0007-1234

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Abstract

Since 1990, the number of preferential trade agreements has increased rapidly. The argument in this article explains this phenomenon, known as the new regionalism, as a result of competition for market access; exporters facing trade diversion because of their exclusion from a preferential trade agreement concluded by foreign countries push their governments into signing an agreement with the country in which their exports are threatened. The argument is tested in a quantitative analysis of the proliferation of preferential trade agreements among 167 countries between 1990 and 2007. The finding that competition for market access is a major driving force of the new regionalism is a contribution to the literature on regionalism and to broader debates about global economic regulation.

Item Type:	Article
Official URL:	http://journals.cambridge.org/action/displayJourna...
Additional Information:	© 2011 Cambridge University Press
Divisions:	International Relations
Subjects:	H Social Sciences > HF Commerce J Political Science > JZ International relations
Date Deposited:	13 Apr 2012 09:41
Last Modified:	13 Apr 2024 16:03
URI:	http://eprints.lse.ac.uk/id/eprint/43056

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