[code]贸易区能否导向全球自由贸易?一个政治经济学分析,CAN REGIONAL BLOCS BE A STEPPING STONE TO GLOBAL FREE TRADE? A POLITICAL ECONOMY ANALYSIS发表于International Review of Economics and Finance, 1996,5(4): 339-347;Fankel和Wei合作的系列论文。summary:With a new wave of regional blocs, there is a heightened worry that they may impede the process of global free trade. This paper demonstrates, contrary to the pessimistic views, regional blocs may work as a stepping stone to multilateral liberalization. In our model, global free trade is not politically feasible initially,because too many people think that they will lose from the liberalization. Regional blocs as an
intermediate step could divide the original opposition force so that a sequence of liberalization now becomes feasible.