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Regional Trade Agreements and the WTO Legal System$
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Lorand Bartels and Federico Ortino

Print publication date: 2006

Print ISBN-13: 9780199206995

Published to Oxford Scholarship Online: March 2012

DOI: 10.1093/acprof:oso/9780199206995.001.0001

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The Political Economy of Regional Trade Agreements

The Political Economy of Regional Trade Agreements

(p.23) 2 The Political Economy of Regional Trade Agreements
Regional Trade Agreements and the WTO Legal System

Chad Damro

Oxford University Press

This chapter examines the current state and the political and economic aspects of regional trade agreements (RTA) and the World Trade Organization (WTO). It supports that notion that RTA can complement multilateral trade systems and the argument that they can function as a backbone for a liberalizing international trade system. It discusses the development of International Political Economy (IPE) scholarship on RTA and addresses the transition to new regionalism in the literature. It identifies the general political motivations that often inspire governments to pursue RTA and discusses the potential implications of these political motivations for WTO multilateralism.

Keywords:   regional trade agreements, political economy, WTO, international trade, regionalism, multilateralism, political motivations

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