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Fernandes, Rocha, Ruta



Articles by Fernandes, Rocha, Ruta

The economics of deep trade agreements: A new eBook

June 23, 2021

While multilateral trade negotiations have stagnated and tensions between major players have surged, bilateral and regional agreements seem to have run away with the trade agenda. There are over 300 agreements today, up from 50 in 1990. Most importantly, many of these agreements have extended their reach well beyond tariffs, aiming to achieve integration beyond trade, or ‘deep’ integration. This column introduces a new eBook from CEPR and the World Bank that focuses on the determinants of deep trade agreements, how they affect trade and non-trade outcomes, and how they might shape trade relations in a post-COVID-19 world.

While the 164 members of the WTO have collectively failed to agree on new rules at the multilateral level (Evenett and Baldwin 2020), they

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The Economics of Deep Trade Agreements

June 23, 2021

This CEPR-World Bank eBook brings together leading experts in international trade from academia and policy institutions to provide new analysis on the determinants of deep trade agreements, how they affect trade and non-trade outcomes, and how they might shape trade relations in a post-COVID-19 world.

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Contents
Foreword
Introduction: The economics of deep trade agreementsAna Margarida Fernandes, Nadia Rocha, and Michele Ruta
The economic impact of deep trade agreements
1 The enduring role of international integration in developmentPinelopi Goldberg and Tristan Reed
2 Quantifying the impact of deep trade agreements: A general equilibrium approachLionel Fontagne, Nadia Rocha,Michel Ruta,and

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