Regionalism in global trade 1. Globalism versus regionalism 2. Rationale motivation and welfare implications 3. New regionalism : the evolving landscape 4. RIAs and the global trading system 5. Regionalism in Asia Pacific 6. Regionalism in the Western Hemisphere This comprehensive book addresses one of the most important aspects of international trade namely regional trade and regional integration agreements (RIAs). The focus of intense global interest and debate over the last decade RIAs have become an integral and enduring aspect of the multilateral trading regime. Dilip K. Das analyzes the latest trends evaluates the pattern and gauges the progress of regional integration in the global economy over the post war and especially the contemporary periods