Regional trading blocs in the world economic system
Abstract
This book explores whether the world economy is breaking up into regional trading and currency blocs centred on the European Community, Japan and the United States. Frankel uses trade, investment and financial data to assess this issue. He concludes with an analysis of how trends in regional economic integration can be used as building blocks for a stronger multilateral system.
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The tendency towards localism in trade space seems consistent with the proliferation, since the late 1980's, of PTAs as formal trading blocs.
“This tendency towards localism in trade space seems consistent with the proliferation, since the late 1980's, of PTAs as formal trading blocs [36, 37], Fig. 5A.”
From The hidden hyperbolic geometry of international trade: World Trade Atlas 1870-2013 (2015) · cites this paper as [37]
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The quality of institutions and foreign direct investment
DAUDE, C., & STEIN, E. (2007) · Economics & Politics · doi:10.1111/j.1468-0343.2007.00318.x · Cited by 670 · see citing works
Heterogeneous effects of economic integration agreements
Baier, S. L., Bergstrand, J. H., & Clance, M. W. (2018) · Journal of Development Economics · doi:10.1016/j.jdeveco.2018.08.014 · Cited by 122 · see citing works
The hidden hyperbolic geometry of international trade: World Trade Atlas 1870-2013
García-Pérez, G., Boguñá, M., Allard, A., & Serrano, M. Á. (2015) · arXiv · doi:10.48550/arxiv.1512.02233 · Cited by 10 · see citing works
- Venue
- Choice Reviews Online
- Publisher
- American Library Association
- Published
- 1998-04-01
- Volume
- 35
- Issue
- 08
- Pages
- 35-4604-35-4604
- ISSN
- 0009-4978 (ISSN-L)
- 1523-8253
- OpenAlex
- W1534251271
- Cited by
- 1,045
- References
- 0
- Citations by year
- 2025: 5 · 2024: 11 · 2023: 8 · 2022: 13 · 2021: 22 · 2020: 26 · 2019: 31 · 2018: 25 · 2017: 26 · 2016: 47 · 2015: 48 · 2014: 47 · 2013: 53 · 2012: 63
- Type
- book review
- Language
- en
- Open access
- closed
- Locations
- Choice Reviews Online (publishedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Global trade and economics
- Social Sciences › Economics, Econometrics and Finance › Finance › Global Financial Crisis and Policies
- Social Sciences › Political Science and International Relations › Global Political and Economic Relations
- Keywords
- regional trade blocs, regional economic integration, European Community, Japan, United States, trade, foreign direct investment, financial integration, multilateralism, trade policy
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