Is the Wto Quietly Fading Away? The New Regionalism and Global Trade Rules (original) (raw)

2011, Georgetown Journal of Law Public Policy

AI-generated Abstract

The paper explores the emerging dynamics of new regionalism in international trade, contrasting it with traditional multilateralism embodied by the World Trade Organization (WTO). It outlines how new regionalism encompasses economic, political, and social dimensions of integration, promoting deeper interdependencies among nations, particularly between developed and emerging markets. By evaluating the implications of regional trade arrangements (RTAs), the authors aim to provide insights on the evolving roles of global trade institutions and recommendations for policymakers on addressing the challenges presented by shifting trade paradigms.