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Preferential trade agreements have spread throughout Asia. However, they have not facilitated intra-regional trade as … agreements – have resulted in low utilization rates in Asia. The key driver of trade integration in Asia has instead been the …. At the same time, deeper trade integration in Asia, e.g. an Asian wide customs union, appears to be an unrealistic goal …
Persistent link: https://www.econbiz.de/10009747395
Preferential trade agreements are mushrooming in Asia. However, they have not been facilitating intra-regional trade as … parcel of all preferential agreements - have resulted in low utilization rates in Asia. The key driver of trade integration … in Asia has been the rise of China, and not preferential trade agreements. In the last two decades, Chinas has managed to …
Persistent link: https://www.econbiz.de/10009683223
effect of these agreements on trade liberalization, and the lessons that this offers for other parts of the world, notably … Asia. It finds broad geographical coverage of RTAs in the Americas, and evidence that these agreements have broadened and … looking to ensure well-functioning RTAs. It suggests that RTAs can encourage broader liberalization in Asia, but some sectors …
Persistent link: https://www.econbiz.de/10008936384
Evaluating the economic impact of an FTA is an important part of the monitoring and surveying process that should follow the establishment of an FTA. This paper presents methods for evaluating the trade and welfare effects of an FTA. These methods show how to (i) compute indicators for the...
Persistent link: https://www.econbiz.de/10011283430
Market Analysis and Restrictions on Trade) in WITS (World Integrated Trade Solutions), and (iii) the GTAP (Global Trade …
Persistent link: https://www.econbiz.de/10011283437
What can further market integration contribute to growth and employment? A series of hypothetical trade reform scenarios explores what countries at different levels of development can expect to gain from reforming tariffs, non-tariff barriers, trade facilitation and domestic support to...
Persistent link: https://www.econbiz.de/10011874287
regional and interregional cooperation arrangements. In this context, the experience of Asia, where about 85 per cent of total … government and in the private sector with an indepth analysis of the dynamic trends of South-South trade in Asia and rapidly … strategies, and assessment of their contribution to South-South trade growth in Asia …
Persistent link: https://www.econbiz.de/10012715676
In this paper, we will examine the level of services trade integration in Asia in comparison with Europe and North … America. The main empirical findings of this paper are that (i) the regional bias of services trade in Asia is as high or … higher than in Europe and North America; (ii) in Asia, the regional bias of services trade is higher than that of goods trade …
Persistent link: https://www.econbiz.de/10009734297
It has taken two crises - the Asian financial crisis of 1997-1998 and the global financial crisis of 2007-2009 - for the international community to seriously focus on the reform of the international financial architecture for crisis prevention, management and resolution. Facing the global...
Persistent link: https://www.econbiz.de/10003901587
new regional institutions that Asia needs to establish to contribute to this evolving global economic architecture. …
Persistent link: https://www.econbiz.de/10009690843