« The Persistence of Poverty | Main | Seth Roberts sentence of the day »
Sentence of the day
In fact, the world now has more regional trade schemes than countries.
From Collier's The Bottom Billion.
Posted by Alex Tabarrok on August 7, 2007 at 07:20 AM in Economics | Permalink
Comments
That's combinatorics for ya.
Posted by: Andrew Gelman at Aug 7, 2007 9:45:50 AM
evidence ? proof ?
Posted by: random african at Aug 7, 2007 11:06:17 AM
Hardly surprising, given that looking only at the countries covered by an agreement, increases exponentially with the number of countries. Mathematics aside, the drive by politicians to be seen as "doing something" would probably result in almost as many such schemes even if there were only two countries.
Posted by: Ken at Aug 7, 2007 2:38:24 PM
I thought I remember there being about the same number of agreements
including bilateral as countries. The link below suggests there are 161
agreeements
http://www.worldtradelaw.net/fta/ftadatabase/ftas.asp
Compared to about 190 countries in the world depending on who you
ask.
Posted by: srgitter at Aug 7, 2007 2:42:11 PM
"In the period 1948-1994, the GATT received 124 notifications of RTAs ... and since the creation of the WTO in 1995, over 240 additional arrangements covering trade in goods or services have been notified."
http://www.wto.org/english/
tratop_e/region_e/regfac_e.htm
(sorry, had to break the link in two.
Elsewhere, the WTO estimates that there are 214 RTAs in force
http://www.wto.org/english/res_e/
booksp_e/discussion_papers12a_e.pdf
Posted by: TO at Aug 7, 2007 5:48:57 PM
Hi Best wishes。Allow me to offer my heartiest wishes.xicao loves-流水线娱乐博客常年提供高、中、低压锅炉钢管、流体钢管、结构钢管、化肥专用钢管、石油裂化钢管、地质钢管、液压支柱钢管及合金钢管-无缝管-无缝钢管等论文发表资讯/刊物信息，协助客户制定论文发表方案
Posted by: xicao at Nov 13, 2007 8:36:18 PM
Posted by: 翻译公司 at Feb 13, 2008 10:32:57 AM
Posted by: 翻译公司 at Feb 13, 2008 10:36:09 AM
Posted by: 鑽石 at Apr 2, 2008 9:35:53 PM
