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A Brookings Institution Press and the Organization of American States publication This is the Spanish language version of Toward Free Trade in America. In the past 15 years, the nations of the Western Hemisphere have staged a remarkable revolution—in the way they trade with their neighbors. First, after decades of restrictive import policies, several countries began to liberalize their trade and investment regimes. Then, beginning a decade ago, numerous bilateral and sub-regional trade agreements were achieved, to serve as vital complements to domestic reforms and to foster trade flows among member countries. At the Second Summit of the Americas in 1998, negotiations among 34 democracies were launched to establish the Free Trade Area of the Americas (FTAA). This report takes stock of the remarkable progress to date in the development of free trade in the Western Hemisphere. It examines trade flows between countries in the same regional groupings and between members of different sub-regional arrangements. The report describes the main characteristics of the trade arrangements signed between countries of the Hemisphere and explores the development of trade rules in these arrangements. Finally, the report details recent advances in the construction of the FTAA.
Discusses the building of the Free Trade Area of the Americas (FTAA) which consists of the 34 countries of the western hemisphere, the work of the Negotiating Group on Agriculture, and the relationship between the FTAA and the World Trade Organization (WTO).
This book links contemporary thinking on global and regional governance to the recent experience of the Americas. It offers fresh insights into understanding the processes of order and change in the region, and in the broader international system. A particular concern is to reveal the changing contours of regional governance, whether in terms of actors, issue areas and relations with global structures.
Is the European Union a unified actor in world politics? The world’s leading economic power is still struggling to find its role in shaping and maintaining global peace, free trade and commerce. How successful is the EU ́s Common Foreign and Security Policy and its institutions really?
The Japan-led Trans-Pacific Partnership (CPTPPA) of 2018 is the most far-reaching 'megaregional' economic agreement in force, with several major countries beyond its eleven negotiating countries also interested. Still bearing the stamp of the original US involvement before the Trump-era reversal, TPP is the first instance of 'megaregulation': a demanding combination of inter-state economic ordering and national regulatory governance on a highly ambitious substantive and trans-regional scale. Its text and ambition have influenced other negotiations ranging from the Japan-EU Agreement (JEEPA) and the US-Mexico-Canada Agreement (USMCA) to the projected Pan-Asian Regional Comprehensive Economic Partnership (RCEP). This book provides an extensive analysis of TPP as a megaregulatory project for channelling and managing new pressures of globalization, and of core critical arguments made against economic megaregulation from standpoints of development, inequality, labour rights, environmental interests, corporate capture, and elite governance. Specialized chapters cover supply chains, digital economy, trade facilitation, intellectual property, currency levels, competition and state-owned enterprises, government procurement, investment, prescriptions for national regulation, and the TPP institutions. Country studies include detailed analyses of TPP-related politics and approaches in Japan, Mexico, Brazil, China, India, Indonesia, and Thailand. Contributors include leading practitioners and scholars in law, economics, and political science. At a time when the WTO and other global-scale institutions are struggling with economic nationalism and geopolitics, and bilateral and regional agreements are pressed by public disagreement and incompatibility with digital and capital and value chain flows, the megaregional ambition of TPP is increasingly important as a precedent requiring the close scrutiny this book presents.
This student-friendly textbook offers a comprehensive introduction to globalization studies and the European Union within a multipolar world. It provides its readers with critical analysis of the key concepts of multilateral global and regional governance and Europe’s role in the world; and this in an accessible and intelligible fashion. This volume collects contributions by eminent scholars from world class universities from five different continents. As such, this unique exercise in transnational multi-disciplinary cooperation, provides extensive coverage of the main issues pertaining to multilateral cooperation - notably its history, troubles, legitimacy challenges and efficiency questions - from a variety of national perspectives. The book covers the major issues confronting students of European and global studies, amongst which: pressing security challenges, new forms of institutionalized cooperation, shifting international trade flows, the notion of responsibility to protect, social imbalances and environmental emergencies, the need for less contingent forms of legitimacy for global regulation, as well as global public opinion and transnational civil society networks. Each chapter includes a summary of its salient points; methodological indications; illuminating illustrations; and a suggested list for further reading. This textbook strives to help students develop a better and more secure grasp of the innovative balance between interdisciplinary openness and disciplinary rigor when engaging with global governance studies, comparative regionalism, normative studies, international political economy or international law.
Since the 1970s global rule-making with respect to international trade has increased in importance. Political and academic attention has been focused either on global institutions like the IMF, the World Bank, the WTO and UN organisations, or on regional blocs like the EU or NAFTA. As negotiations take place in different international arenas, these arenas themselves take on added strategic significance, with agendas pursued and switched from one arena to another, should one route be blocked. While dominant actors have sought to use arena switching to their advantage, subordinate actors have begun to reactivate alternative arenas of negotiation in order to pursue their different agendas. This book employs a multi-level and multi-arena perspective to analyze global rule-making in international trade. It explains why actors - both state and non-state actors - prefer particular arenas. It also addresses the question of which institutional designs serve the aims of specific groups best and how the rules of the different arenas are related.