Title : Hark! Are PTAs Swallowing up the WTO and Global Economic Welfare?: A Legal and Political Economy Critique of PTAs


Authors : Md. Rizwanul Islam


Journal Article Title: Singapore Year Book of International Law Volume Number: 12 Publication Year : 2008
Index: other (HeinOnline,LexisNexis,Westlaw) Ranking: A ISSN (Print): 17930448 Publisher Name: Faculty of Law, National University of Singapore
Pages : 133–149
Funding Information:
Funding Source : None
Other Information:
Direct Sustainable Development Goals :
SDG8 Decent Work & Economic Growth
SDG17 Partnership for the Goals
Indirect Sustainable Development Goals :
SDG10 Reduced Inequality
SDG16 Peace, Justice & Strong Institutions
Sustainable Development Sub Goals :
Increase trade support for least developed countries
Promote a universal, rules-based, open, non-discriminatory and equitable multilateral trading system
Enhance policy coherence for sustainable development
Implement the principle of special and differential treatment for developing countries
Impact statement: This article critically examines the growing expansion of Preferential Trade Agreements (PTAs) and questions whether they undermine the multilateral trading system led by the World Trade Organization (WTO). The author analyzes PTAs from both legal and political-economy perspectives, arguing that excessive reliance on regional and bilateral trade agreements may weaken global trade uniformity and reduce overall economic welfare. By evaluating the tensions between regional trade blocs and multilateral trade governance, the article contributes to scholarly debates on globalization, international economic law, and the future of the WTO system. The study is relevant to policymakers, trade negotiators, economists, and researchers working on international trade law and global economic governance. Collaboration: None Keywords: PTAs, WTO, global economic welfare, trade law, political economy, regional trade agreements, multilateralism. ?