Abstract
The growth of regional trading arrangements (“RTAs”) has been one of the major developments in international relations in recent years. Virtually all countries are members of a trade bloc and many belong to more than one; more than one third of world trade takes place within such agreements; and regional trade is often advanced as a route to development.
The work described in the paper is based on a major World Bank project led by the authors. This project underpinned the Bank’s publication WOrld Bank, Trade Blocs—A Policy Research; Report (2000) and is presented in more detail in Maurice W. Schiff and L. Alan Winters, Regional Integration and Development (Oxford University Press 2003).
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References
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Schiff, M.W., Winters, L.A. (2005). Regional Trading Arrangements and Developing Countries. In: Macrory, P.F.J., Appleton, A.E., Plummer, M.G. (eds) The World Trade Organization: Legal, Economic and Political Analysis. Springer, Boston, MA. https://doi.org/10.1007/0-387-22688-5_51
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