Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/101139 
Year of Publication: 
2013
Series/Report no.: 
ADBI Working Paper No. 418
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
European economic integration fascinates and inspires for the way it brought peace to a continent torn by violent and long-standing rivalries. The lessons from Europe, however, cannot be applied directly as the degree of the European Union's supranationality is unthinkable elsewhere. This paper discusses how Europe overcame the specific problem of overlapping free trade agreements (FTAs) with the Pan-European Cumulation System which instituted common rules of origin, regional cumulation of value, and completed the full matrix of bilateral FTAs. After this, Europe had what can be thought of as a "customs union" for rules of origin.
Subjects: 
european economic integration
european union
eu
europe
trade
free trade agreements
fta
regional integration
rules of origin
JEL: 
F15
F2
Document Type: 
Working Paper

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