- How preferential are preferential trade agreements? (Developing a market access measure that controls for the plethora of preferences.)
- Developing countries’ trade flows are increasingly sensitive to distance in gravity regressions.
- Jagdish Bhagwati says that NAFTA was a mistake.
Right, but he’s not saying that NAFTA was a mistake because he’s not in favor of greater trade between Mexico, the US, and Canada. He’s saying it was a mistake because of all the concessions Clinton had to make to get it done, and all the micro-language put in by lobbyists that ultimately might have made it harder to do business, not easier. In other words, the takeaway is that Bhagwati likes free trade, he just likes a clean, no-mess, depoliticized version of it.