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The Trade and Cooperation Nexus: How Does the MERCOSUR-EU Process Measure Up?

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dc.contributor.author Estevadeordal, Antoni en
dc.contributor.author Krivonos, Ekaterina en
dc.contributor.author Devlin, Robert en
dc.contributor.editor INTAL en
dc.description.abstract The objective of this study is to analyze the interaction between trade and non-trade cooperation in some of the today's major regional initiatives, particularly those between developing and industrialized countries. The study suggests a framework to explore what the paper calls a "trade and cooperation nexus". The modalities of this nexus can take different forms. For instance, non-trade cooperation may be an integral part of a formal trade or integration agreement, or may take place independently of such an agreement, as an ex-ante, ex-post or parallel agreement. This paper analyzes the EU approach, which proposes an unusually tight trade and cooperation nexus based on a three-pillar approach uniting political, economic and trade cooperation under a single umbrella agreement. Theoretically this approach should be attractive, especially in North-South agreements, because the promise of linking free trade with cooperation programs could enhance the benefits of the former for both parties. However, while innovative, the nexus is challenging in its construction and delivery. The paper will explore EU efforts in this area in the broader context of what is happening in other North-South initiatives. en
dc.subject Integration & Trade en
dc.title The Trade and Cooperation Nexus: How Does the MERCOSUR-EU Process Measure Up? en
dc.contributor.other IVANAB
dc.coverage.spatial MERCOSUR
dc.date.accessioned 2011-02-11T18:03:51Z
dc.date.available 2011-02-11T18:03:51Z
dc.date.issued 2003-03-03
dc.identifier.isbn 950-738-146-5
dc.identifier.uri http://www.iadb.org/en/publications/publication-detail,7101.html?id=8649
dc.format.medium ACROBAT
dc.language.iso en
dc.subject Acuerdos Comerciales
dc.subject TLCAN
dc.subject Regionalismo
dc.subject Unión Europea
dc.subject MERCOSUR
dc.subject INTAL
dc.subject INTAL ITD STA Occasional Paper N° 22
dc.type Technical Notes
lacea.language.supported en
dc.date.modified 2015-06-12T10:35:58Z
dc.description.abstract2 The objective of this study is to analyze the interaction between trade and non-trade cooperation in some of the today's major regional initiatives, particularly those between developing and industrialized countries. The study suggests a framework to explore what we call a "trade and cooperation nexus". Today many regional cooperation initiatives are initially launched via formal integration agreements that eliminate trade barriers as part of creation of a free trade area or customs union. There are, however, a large number of other areas in which cooperation can take place to the mutual advantage of all actors. Non-trade-related cooperation may be an integral part of an integration agreement, or may take place independently of such an agreement. This latter form of interaction has been termed "functional cooperation" by Balassa [1961]. An increasing number of regional initiatives go beyond trade, covering such vital areas as movement of labor and capital, industrial development, infrastructure, energy and environmental protection, etc. Furthermore, the political dimension of regional agreements has become increasingly important.


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