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...

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Detalhes bibliográficos
Principais autores: Rojas Sánchez, Carolina, Gómez Olaya, Álvaro Pío
Formato: Online
Idioma:spa
Publicado em: Universidad Pedagógica y Tecnológica de Colombia 2018
Assuntos:
Acesso em linha:https://revistas.uptc.edu.co/index.php/cenes/article/view/5961
Descrição
Resumo: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.