publication . Article . Research . 2011

Asian FTAs: Trends and Challenges

Masahiro Kawai; Ganeshan Wignaraja;
Open Access
  • Published: 28 Dec 2011 Journal: SSRN Electronic Journal (eissn: 1556-5068, Copyright policy)
  • Publisher: Elsevier BV
Abstract
Although a latecomer, economically important Asia has emerged at the forefront of global free trade agreement (FTA) activity. This has sparked concerns about the negative effects of Asian FTAs, including the “noodle bowl” problem. Amid slow progress in the World Trade Organization’s (WTO) Doha negotiations and the global financial crisis, however, Asian regionalism seems to be here to stay and the focus for policymakers should be how best to minimize the costs of FTAs while maximizing their benefits. Adopting a pragmatic perspective, this paper examines key trends and challenges in Asian FTAs. It provides new evidence from firm surveys, analysis of specific agre...
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Subjects
free text keywords: F1, F15, O24, Freihandelszone, Handelsregionalismus, Asien, Economic integration, Free trade, Commercial policy, Development economics, Geography, Rules of origin, Regionalism (international relations), Computable general equilibrium, Economic planning, International economics, Trade facilitation, ddc:330
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