The dissipating multilateral trading system and splintering in a number of trading blocs and arrangements has been one of the most important issues in international economics, particularly after the establishment of the World Trade Organisation in 1995 and especially during the Doha Round (2001-13). This book takes on those and new issues such as integration through spatially fragmented production and operation of supply chains. It also reviews various existing and emerging integration arrangements and their achievements. International economic integration deals are here to stay and evolve with variable successes in spite of advantages offered by the multilateral trading system.
Chapter 2: Dissipating multilateralism
Subjects: economics and finance, international economics, regional economics, urban and regional studies, regional economics
Chapter 2 deals with dissipating multilateralism, expansion of integration deals, emergence of the mega integration deals and marginalisation of the World Trade Organisation.
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