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The new regionalism and policy interdependence

Baccini, Leonardo 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
Library of Congress subject classification: H Social Sciences > HF Commerce
J Political Science > JZ International relations
Sets: Departments > International Relations
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 13 Apr 2012 09:41
URL: http://eprints.lse.ac.uk/43056/

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