ABSTRACT

This volume brings together articles on three primary elements of globalization: multilateralism, regionalism and unilateralism. Expert contributors investigate the substantive issues of commodity and factor trade, capital movements and monetary and fiscal policies, from both theoretical and empirical perspectives.

part |2 pages

Part I Gains from regionalism and multilateralism

chapter 1|13 pages

Regional regionalism

chapter 2|23 pages

Multilateralism versus regionalism

Tariff cooperation and inter-regional transport costs

part |2 pages

Part II Regionalism and globalization for the developing countries

chapter 6|31 pages

Regionalism for developing countries

Assessing the costs and benefits

chapter 8|29 pages

Trading with the enemy

A case for liberalizing Pakistan–India trade

part |2 pages

Part III Globalization and capital markets

chapter 10|20 pages

Financial liberalization and the globalization of financial services

Two lessons from the East Asian experience

part |2 pages

Part IV Globalization via unilateral actions

part |2 pages

PART V Regionalism: Monetary, fiscal, and industrial policy coordination