Bilateralism: New Thrust of Free Trade
Article 1: The Rise of Bilateralism in Free Trade
In recent years, there has been a noticeable shift towards bilateralism as a new thrust of free trade. Bilateralism refers to the establishment of trade agreements between two countries, rather than multilateral agreements involving multiple nations. This shift can be attributed to several factors, including the growing dissatisfaction with multilateral trade agreements, the rise of economic nationalism, and the desire for more tailored and flexible trade agreements.
One of the main reasons behind the rise of bilateralism is the increasing dissatisfaction with multilateral trade agreements. Over the years, multilateral agreements such as the World Trade Organization (WTO) have faced numerous challenges in achieving consensus among member nations. This has led to delays in negotiations and the inability to address specific concerns of individual countries. As a result, some countries have turned to bilateral trade agreements as a more effective and efficient way to pursue their economic interests.
Another factor driving the rise of bilateralism is the growing tide of economic nationalism. In recent years, there has been a resurgence of protectionist policies and nationalist sentiments in many countries. Governments are under pressure to protect domestic industries and jobs, leading to a preference for bilateral trade agreements that allow for greater control and protection. Bilateral agreements can provide a sense of security and control, as countries can negotiate terms that are specifically tailored to their own needs and priorities.
Furthermore, the desire for more tailored and flexible trade agreements has also played a role in the rise of bilateralism. Multilateral agreements often involve a large number of countries with diverse economic interests and priorities. This can make it challenging to negotiate terms that satisfy all parties involved. Bilateral agreements, on the other hand, allow for more focused negotiations and the ability to address specific concerns of the participating countries. This flexibility can lead to more favorable and mutually beneficial outcomes for the countries involved.
While bilateralism offers certain advantages, it is not without its challenges. One of the main concerns is the potential for a fragmented global trading system. As more countries opt for bilateral agreements, the risk of trade blocs and exclusive trading relationships increases. This can lead to a more fragmented and complex trading environment, making it harder for smaller economies to compete and navigate the global market.
In conclusion, bilateralism has emerged as a new thrust of free trade in recent years. The dissatisfaction with multilateral agreements, the rise of economic nationalism, and the desire for more tailored and flexible trade agreements have all contributed to this shift. While there are advantages to bilateralism, such as greater control and flexibility, it is important to strike a balance and ensure that it does not lead to a fragmented global trading system. Efforts should be made to continue promoting multilateral cooperation while also recognizing the benefits that bilateral agreements can bring.
Bilateralism: New Thrust of Free Tra 篇三
Bilateralism: New Thrust of Free Trade
Abstract: Bilateral free trade refers to a free flow of goods and services,two nations or two regional economic groups in accordance with a bilateral free agreement signed by the two sides which is concerned.During the period of free capitalism,the bilateral free trade agreement was the most common phenomenon of seeking free trade for countries of the world.From the second half of the 20th century,following the establishment of the GATT/WTO system and regional multilateral free trade zones,this form of free trade was more or less neglected.In recent years,as resistance to WTO multilateral trade negotiations increases and some big regional free trade plans have been hindered,bilateral free trade has once again played a leading role in global free trade. 作 者:王克响 作者单位:青岛大学国际商学院,山东,青岛,266071 期 刊:东京文学 Journal: DONGJING WENXUE 年,卷(期): 2010,""(3) 分类号: Keywords: Bilateralism Free tradement Economic field