Abstract
Economists are all very fond of the international trade theory, which they see with reason, as one of the few robust paradigms available in their quest for efficiency. For decades, until the early 90's, trade liberalisation has vindicated their judgement since it has been credited with being the main source of world growth. The very fact that international trade was rising twice as fast as world output provided strong and convincing evidence of this powerful link.
Working Paper
New Regionalism and Global Economic Governance
The views expressed in this publication are those of the author(s) and do not necessarily reflect the views of the United Nations University.
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