University of Surrey

Test tubes in the lab Research in the ATI Dance Research

The Political Economy of A Trade-First Approach to Regionalism

Bird, G and Rajan, R The Political Economy of A Trade-First Approach to Regionalism [Working Paper]

Full text not available from this repository.


Regional integration has become commonplace in the world economy. Moreover, there is clear evidence of a �trade first� approach to regionalism. What is the logic behind this approach? Is it that trade integration prepares the ground for monetary integration by helping to fulfil optimum currency area criteria? Having analysed the economic interrelationship between regional trade integration and monetary union, the paper contends that the �trade first� strategy can instead be explained in political economy terms; there is a higher political return to trade integration. The paper concludes by examining the implications for the future of both regionalism and multilateralism.

Item Type: Working Paper
Divisions : Surrey research (other units)
Authors :
Rajan, R
Depositing User : Symplectic Elements
Date Deposited : 16 May 2017 15:13
Last Modified : 23 Jan 2020 10:24

Actions (login required)

View Item View Item


Downloads per month over past year

Information about this web site

© The University of Surrey, Guildford, Surrey, GU2 7XH, United Kingdom.
+44 (0)1483 300800