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The Economics of Regional Trading Arrangements$
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Richard Pomfret

Print publication date: 2001

Print ISBN-13: 9780199248872

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199248877.001.0001

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Regionalism Versus Multilateralism During the Uruguay Round

Regionalism Versus Multilateralism During the Uruguay Round

(p.128) 6 Regionalism Versus Multilateralism During the Uruguay Round
The Economics of Regional Trading Arrangements

Richard Pomfret (Contributor Webpage)

Oxford University Press

Deals with the conflict between regionalism and multi‐lateralism during the Uruguay Round of multilateral trade negotiations. The strengthening of regionalism in Western Europe (Sect. 1) and North America (Sect. 2) during the 1980s is described, and reactions to European and American regionalism are outlined (Sect. 3). Section 4 deals with the collapse of the CMEA and the USSR. Section 5 describes the successful completion of the Uruguay Round, and its role in reinforcing multi‐lateralism and forestalling the spread of regionalism.

Keywords:   CMEA, Europe, multilateralism, North America, regionalism, trade negotiation, Uruguay Round, USSR

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