The advent of the North American Free Trade Agreement, the ongoing process of economic integration in Europe, the formation of Mercosur, and the possibility of a new Asia-Pacific economic bloc have led to intense debates about the current status and future direction of regionalism. The Political Economy of Regionalism is one of the first books to analyze regionalism from a political economy perspective.
Contributors: Benjamin J. Cohen; Beth V. Yarbrough and Robert M. Yarbrough; Charles A. Kupchan; Edward D. Mansfield and Helen V. Milner; Edward D. Mansfield and Rachel Bronson; Helen V. Milner; Joseph M. Grieco; Pier Carlo Padoan; Stephen Haggard
As preferential trade agreements have proliferated, modern economists have turned their attention to the compelling question of the potential they hold for damaging the multilateral world trading system premised on nondiscrimination instead. By contrast, Mansfield and Milner, two of their generation's most creative political scientists, lead a distinguished team to explore the reasons why this proliferation has occurred. The result is an exceptionally insightful volume that both economists and political scientists cannot afford to ignore.