The Evolution of Deep Trade Agreements

Mattoo, Aaditya; Rocha, Nadia; Ruta, Michele

doi:10.1596/1813-9450-9283

Cited by 46 publications

(70 citation statements)

References 8 publications

(11 reference statements)

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“…We have made a comparative balance of the empirical results of our work with other estimates. The expected results have not been obtained in a deep integration agreement (Mattoo et al, 2020), which brings together countries that have this type of agreement with extra‐regional partners such as the United States and the European Union. The fact that the most important trade liberalization was previously given by bilateral agreements or integration agreements (Peru–Colombia in the CAN) may have played a role.…”

Section: Summary and Closing Remarksmentioning

confidence: 94%

“…Mattoo et al (2020) suggest that deep integration agreements generally translate into preferential trade agreements (PTAs), which not only regulate trade but also touch on other areas like investment, property rights, and environmental issues. The authors note that PTAs around the globe have increased in both number and depth—the number of policy areas covered by PTAs increased from 8 to 17 on average in recent years.…”

Section: Summary and Closing Remarksmentioning

confidence: 99%

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Pacific Alliance: Trade implications on member countries and other regional trade agreements

Reinoso

Collantes

2022

Latin American Policy

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The Pacific Alliance, born as an alternative to “postliberal regionalism,” aimed at reinforcing the liberalization and openness strategies as well as the North–South agreements previously subscribed by its members. It sought to enhance intraregional trade, promote value chains, and reach out to the Asia‐Pacific region. Ten years after the creation of the Pacific Alliance, it is relevant to assess its effect on trade flows among its members and with other regional trade agreements like the Andean Community and the Southern Common Market. We use an augmented gravity model and the panel data methodology to provide evidence that the Pacific Alliance has not affected trade flows significantly among its members or with other South American regional trade agreements.

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Section: Summary and Closing Remarksmentioning

confidence: 94%

Section: Summary and Closing Remarksmentioning

confidence: 99%

Pacific Alliance: Trade implications on member countries and other regional trade agreements

Reinoso

Collantes

2022

Latin American Policy

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“…This shift in the consensus view is partly the consequence of those agreements becoming increasingly ambitious in terms of embracing more frequently a 'deep integration' agenda (e.g. including investment, labour mobility and service trade provisions), and also because of the stagnation of the multilateral trading system since the early 2000s (Mattoo et al, 2020). In the face of growing protectionism globally (Fajgelbaum et al, 2020), the multilateral option may thus no longer be viable.…”

Section: 1mentioning

confidence: 99%

Proving Hegel Wrong: Learning the Right Lessons from European Integration for the African Continental Free Trade Area

Mold¹

2021

JAT

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The German philosopher G.W.K. Hegel 1 once famously said that "the only thing we learn from history is…that we learn nothing from history. " This is one of those dictums which -regrettably -all too often proves to be true. However, there is no need for this to be the case. In this paper, it is argued that, while accepting that there are limitations to such comparisons -major differences exist in terms of the respective starting points of the two projects -there are nonetheless important lessons to be gleaned for the African Continental Free Trade Area (AfCFTA) from the European Union (EU) experience. More specifically, this article will make a comparison between the European Single Market Programme (SMP), which came into force on 1 January 1993, and the AfCFTA, which entered its implementation stage on 1 January 2021.Ever since independence, pan-African initiatives have been received with scepticism, both from within the continent and outside. For example, in a recent book on African economic development, Cramer et al. (2020:63-65) argue that "The swell of support for South-South cooperation and initiatives such as the AfCFTA is partly based on a pessimistic view of possible integration into the wider world economy…while African regional economic integration and greater intra-African trade may be rhetorically appealing on grounds of economic nationalism or South-South solidarity, as a blueprint for accelerated development it is a fantasy-based on exactly the same theories and conditional assumptions as a push for global free trade on comparative advantage grounds."Conflating the name 'Free Trade Area' with another wave of Washington-inspired liberalization, criticisms have been also voiced that the AfCFTA is embracing a 'neo-liberal agenda ' (e.g. Agbakwuru, 2019;Kombo, 2019). Hirschman (1963) once wrote about how Latin America was afflicted by 'fracasomania' -the belief that domestic-led initiatives were doomed to failure; it would appear that the African continent is often similarly stricken by excessive negativism.Yet criticisms of this nature reflect several key misunderstandings about what the AfCFTA is setting out to achieve. Despite its title, the AfCFTA is about much more than creating a free trade area -it is about building a framework for much deeper African regional integration and cooperation, with a view to making the continent economically stronger and more resilient (AU, 2018). It is about boosting the levels of industrialization, intraregional trade in both goods and services, and investment. In addition, the agreement contains safeguards, including protocols on competition policy, on investment, on IPR and on the free movement of people and business. In short, it is about creating a unified continental market that works to the benefit of its citizens (ECA, 2020).

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“…This section briefly reviews the various chapters of the "Economic and Trade Agreement between the Government of the United States and the Government of the People's Republic of China" (henceforth referred to as, "the China-U.S. agreement" or simply "the agreement"). 2 Instead of conducting a detailed legal analysis of the text, we compare the agreement with other preferential trade agreements (PTAs) signed by the United States, relying on information on the content of trade agreements (Mattoo, Rocha and Ruta, 2020). The goal is to highlight similarities and significant points of departure of the agreement with other PTAs as a first step to understand its potential effects on the two parties and on third countries.…”

Section: The Content Of the "China-us Economic And Trade Agreement"mentioning

confidence: 99%

“…Annex Table 1: Sub-area covered in U.S. preferential trade agreements on intellectual property and technology transfer Source: The World Bank database on Deep Trade Agreements (Mattoo, Rocha and Ruta, 2020).…”

Section: Making the China-us Trade Agreement Work For Developmentmentioning

confidence: 99%

When Elephants Make Peace: The Impact of the China-U.S. Trade Agreement on Developing Countries

Freund¹,

Maliszewska²,

Mattoo³

et al. 2020

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The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

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The Evolution of Deep Trade Agreements

Cited by 46 publications

References 8 publications

Pacific Alliance: Trade implications on member countries and other regional trade agreements

Pacific Alliance: Trade implications on member countries and other regional trade agreements

Proving Hegel Wrong: Learning the Right Lessons from European Integration for the African Continental Free Trade Area

When Elephants Make Peace: The Impact of the China-U.S. Trade Agreement on Developing Countries

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