2008
DOI: 10.1080/03056240802569334
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Unlocking the Relationship Between the WTO & Regional Integration Arrangements (RIAs)

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“…Respondents preponderantly judged that engaging mega-regional is a good trade policy decision (79%) and that countries should seek multiple mega-FTA memberships if possible (77%). In theory, concurrent mega-bloc participation would allow countries to greaten the trade creation/trade 256 In this regard, Söderbaum (2008) argues that inter-regionalism or 'regional multi-lateralism' based on regions as units within the global economy is functionally better than the prevailing trade multilateralism based on nation-states. The reason is that multilateralism 'will work more effectively when it is built on interaction among fewer regional blocs that are more equal in economic and political size compared to present-day WTO with 200 nation-states'.…”
Section: Figure 62 Benefits From Participating In Mega-ftasmentioning
confidence: 99%
“…Respondents preponderantly judged that engaging mega-regional is a good trade policy decision (79%) and that countries should seek multiple mega-FTA memberships if possible (77%). In theory, concurrent mega-bloc participation would allow countries to greaten the trade creation/trade 256 In this regard, Söderbaum (2008) argues that inter-regionalism or 'regional multi-lateralism' based on regions as units within the global economy is functionally better than the prevailing trade multilateralism based on nation-states. The reason is that multilateralism 'will work more effectively when it is built on interaction among fewer regional blocs that are more equal in economic and political size compared to present-day WTO with 200 nation-states'.…”
Section: Figure 62 Benefits From Participating In Mega-ftasmentioning
confidence: 99%