Beschreibung:
AbstractThis article examines the pros and cons of the "new regionalism," with the negotiations for a Free Trade Area of the Americas (FTAA) taken as a landmark. It summarizes the main features of the "new regionalism" and reviews some of the challenges and opportunities opened by North-South preferential trade agreements (a category that includes many of the new vintage of such agreements). The article also evaluates the record of the FTAA negotiations, emphasizing recent trends and prospects, especially the foundations of the current stalemate.