Asia's "Open Regionalism" Alternative to Preferential Trade Agreements: Promising, Attractive, or Vulnerable to Cronyism?

Starting with a world where all countries apply Nash-optimal tariffs aginst all imports, we ask when , if ever, a group of countries can gain by trading freely ("promise") and when, if ever, it pays an outsider to join them ("attractiveness").

Bibliographic Details
Main Authors: Sinclair, P, Vines, D
Format: Working paper
Language:English
Published: Department of Economics (University of Birmingham) 1998