Mega-FTAs and the WTO: Competing or Complementary?

Shujiro Urata

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

Mega-FTAs involving many countries and encompassing bilateral and mini-lateral FTAs have begun to be negotiated, while the Doha Round of multinational trade negotiations under the WTO have been at a stalemate. Mega-FTAs, which are discriminatory, and the WTO, which is non-discriminatory, are not consistent, thereby leading to a view that they are competing. This article argues that mega-FTAs and the WTO can be complementary, as mega-FTAs could facilitate negotiations with a smaller number of negotiating members. It further stresses the importance of extending mega-FTAs to a global level by merging with other mega-FTAs and by accepting new members.

Original languageEnglish
Pages (from-to)231-242
Number of pages12
JournalInternational Economic Journal
Volume30
Issue number2
DOIs
Publication statusPublished - 2016 Apr 2

Keywords

  • Mega-FTA
  • TPP
  • WTO

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

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