Browsing FGV EPGE - Seminários de Pesquisa Econômica by Author "Ornelas, Emanuel"

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Feasible multilateralism and the effects of regionalism

Ornelas, Emanuel
2004-07-22

Recent research has underlined the efficiency of the GATT/WTO rules from the standpoint of politically motivated governments, emphasizing that the current multilateral rules are capable of delivering a politically efficient ...
Rent dissipation, political viability and the strategic adoption of free trade agreements

Ornelas, Emanuel
2002-02-26

This paper studies the political viability of free trade agreements (FTAs). The key element of the analysis is the 'rent dissipation' that these arrangements induce: by eliminating intra-bloc trade barriers, an FTA reduces ...