Multilateral Trade Liberalization and Regional Integration under Stress – Workshop in Honor of Prof. Dr. Rolf J. Langhammer

Editor: Dennis J. Snower and Peter Nunnenkamp, Kiel Institute for the World Economy

Abstract:

The situation has hardly improved since Rolf Langhammer’s warning in 2009: "The global trading system faces severe challenges. The combination of the stalled Doha Round, the global financial and economic crisis, and a rising number of protectionist measures initiated in industrialized countries and emerging markets alike has raised the risk that the global trading system will degenerate into a series of bilateral agreements" (R.J. Langhammer (2009), Why a Marketplace Must Not Discriminate. Business and Politics 11 (3): Article 3; DOI: 10.2202/1469-3569.1262). The Doha Round of multilateral trade negotiations has not officially been declared dead. But various deadlines were missed, and "with Doha paralysed, regional alternatives to a multilateral deal are springing up" (The Economist 2012: 10).

Against this backdrop the Kiel Institute for the World Economy organized a workshop in honor of Rolf Langhammer, its leaving Vice President, on August 31st, 2012, to discuss the prospects of the world trading order and in particular the tension between multilateralism and regionalism. This special issue presents four contributions to this workshop under the overall theme Multilateral Trade Liberalization and Regional Integration under Stress. Arvind Panagariya and Gary Hufbauer provide general accounts of past achievements, current challenges and possible ways out of the impasse. Peter Draper and Andreas Freytag as well as Heribert Dieter take regional perspectives from Africa and Asia, respectively.



Articles

2013-24
JournalPaper
Heribert Dieter
The Drawbacks of Preferential Trade Agreements in Asia
May 28, 2013 | downloads: 1572 | JEL: F14, F15, F55
2013-19
JournalPaper
Peter Draper, Andreas Freytag, and Sarah Al Doyaili
Why Should Sub-Saharan Africa Care about the Doha Development Round?
May 08, 2013 | downloads: 4059 | JEL: F13, O10, O24
2013-10
JournalPaper
Arvind Panagariya
Challenges to the Multilateral Trading System and Possible Responses
March 15, 2013 | downloads: 2025 | JEL: F13, F15
2013-9
JournalPaper
Gary Clyde Hufbauer
Multilateralism and Regionalism from an American Perspective: Parallels and Contrasts with the Langhammer Vision
March 15, 2013 | downloads: 1600 | JEL: F13