Bilateral Trade Agreements: the Colombian Case (1990-2015)

The proliferation of bilateral trade agreements has created a phenomenon known in the literature as “hub and spoke” bilateralism. In this context, Colombia’s trade policy is geared towards the signing of bilateral trade agreements. This article evaluates the policy of signing bilateral agreements im...

Full description

Bibliographic Details
Main Authors:	Rojas Sánchez, Carolina, Gómez Olaya, Álvaro Pío
Format:	Online
Language:	spa
Published:	Universidad Pedagógica y Tecnológica de Colombia 2018
Subjects:	free trade agreements trade policy evaluation hub and spoke bilateralism regional integration Colombia United States of America China acuerdos de libre comercio (TLC) evaluación de política comercial bilateralismo “eje-radios” integración regional Estados Unidos China.
Online Access:	https://revistas.uptc.edu.co/index.php/cenes/article/view/5961

Description
Summary:	The proliferation of bilateral trade agreements has created a phenomenon known in the literature as “hub and spoke” bilateralism. In this context, Colombia’s trade policy is geared towards the signing of bilateral trade agreements. This article evaluates the policy of signing bilateral agreements implemented by Colombia between 1990 and 2015. We analyse trade flows between Colombia and several countries using Baldwin’s HM index of hub-ness (2004) and the matrix of Chen (2008). The results obtainedquestion the Colombian policy of signing trade agreements.