FACTOID # 136: Nauru, Tokelau and Western Sahara are the only three countries without official capital cities.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RELATED ARTICLES
People who viewed "Bilateral" also viewed:
RECENT ARTICLES
More Recent Articles »
 

FACTS & STATISTICS    Simple view

  1. Select countries to view: (hold down Control key and click to select several)

     

     

    Compare:

     

     

  1. Select fact or statistic: (* = graphable)

     

     

     

  2. (OPTIONAL) Compare to statistic: (both need to be graphable)

     

     

     

  3. View result as:

     

       
(OR) SEARCH ALL encyclopedia, stats & forums:   

Encyclopedia > Bilateral

Bilateralism is a term referring to trade or political relations between two states.


Most international diplomacy is done on the bilateral level. Examples of this include treaties between two countries, exchanges of ambassadors, and state visits, among other things. The alternatives to bilateral relations are multilateral relations, which involve many states, and unilateralism, when one state acts on its own.


There has long been a debate on the merits of bilateralism versus multilateralism. The first rejection of bilateralism as dangerous came after the First World War when many thought that the complex series of bilateral treaties had made war all but inevitable. This lead to the creation of the multilateral League of Nations.


A similar reaction against bilateral trade agreements occurred after the Great Depression, where it was argued that they helped produce a cycle of rising tariffs that deepened the downturn. Thus after the Second World War the west turned to multilateral agreements such as GATT.


Despite the high profile of modern multilateral systems such as the United Nations and the World Trade Organization most effective diplomacy is still done at the bilateral level. Bilateralism has a flexibility and ease the compromise dependent multilateral systems lack.


  Results from FactBites:
 
Bilateralism - Wikipedia, the free encyclopedia (290 words)
Bilateralism is a term referring to political and cultural relations between two states.
The alternatives to bilateral relations are multilateral relations, which involve many guns states, and unilateralism, when one state acts on its own.
A similar reaction against bilateral trade agreements occurred after the Great Depression, when it was argued that such agreements helped to produce a cycle of rising tariffs that deepened the economic downturn.
Asian Development Outlook 2006 - Routes for Asia's Trade - ADB.org (1126 words)
Therefore, it is essential that the dynamics of bilateralism are guided in such a way that they support, rather than contradict, the openness that to date has been a hallmark of Asia's trade expansion and integration.
Bilateral agreements with developed countries that already have negligible protection, such as Japan, would under GATT Article XXIV require the virtual elimination of tariffs and indirectly pit protectionist interests in developing countries against international competition.
Bilateralism also runs the risk of establishing hub-and-spoke systems that marginalize small trading spokes and concentrate gains in the larger hub countries, unless governments make conscious efforts to link the spokes.
  More results at FactBites »


 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:

 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.