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Prospects and Challenges of Free Trade Agreements by Doren Chadee,Banjo Roxas,Tim Rogmans Pdf
This book assesses the effectiveness of free trade agreements (FTAs) in unlocking international business opportunities in member states of the Gulf Cooperation Council (GCC). It takes an institutional perspective in explaining the existence and effects of non-tariff barriers and how FTAs can address these barriers to attract foreign investors.
Global Value Chains and World Trade by René Antonio Hernández,Jorge Mario Martínez Piva,Nanno Mulder Pdf
"Selection of original papers presented at the international conference 'Latin America's Prospects for Upgrading in Global Value Chains,' held on 14-15 March 2012, at Colegio de Mexico, Mexico City"--Title page vers
Author : Ahmed Galal,Robert Z. Lawrence Publisher : Peterson Institute for International Economics Page : 108 pages File Size : 46,7 Mb Release : 2005 Category : Business & Economics ISBN : STANFORD:36105114146199
Anchoring Reform with a US-Egypt Free Trade Agreement by Ahmed Galal,Robert Z. Lawrence Pdf
Considers the economic and political characteristics of Egypt as a potential FTA partner. This book examines the benefits and challenges in pursuing bilateral negotiations with Egypt, examines the Bush proposal for a regional arrangement, and assesses the impact of a prospective FTA on other trading partners and on the multilateral trading system.
Author : Nicholas R. Lardy,Daniel H. Rosen Publisher : Peterson Institute for International Economics Page : 76 pages File Size : 54,5 Mb Release : 2004 Category : Business & Economics ISBN : UCSD:31822033215179
Prospects for a US-Taiwan Free Trade Agreement by Nicholas R. Lardy,Daniel H. Rosen Pdf
Taiwan has a special status for the United States, as both a leading high-technology economic partner and a place of political and security concern. The authors look at both the quantitative and qualitative evidence on the potential effects of a US-Taiwan free trade agreement (FTA), both for maximizing US economic benefits and for securing a prosperous and secure future for Taiwan. Their analysis indicates that the direct economic benefits of a prospective FTA would be modest and that the FTA could be most valuable to the United States if it leads Taiwan toward greater regional integration.
Author : Michael G. Plummer,David Cheong,Shintaro Hamanaka Publisher : Asian Development Bank Page : 194 pages File Size : 50,5 Mb Release : 2011-02-01 Category : Political Science ISBN : 9789290921974
Methodology for Impact Assessment of Free Trade Agreements by Michael G. Plummer,David Cheong,Shintaro Hamanaka Pdf
This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.
Challenges and Prospects for the WTO by Andrew D. Mitchell Pdf
Contributions ... based on papers delivered at the Sixth and Seventh Conferences of the World Trade Law Association (WTLA) ... as well as specially commissioned chapters"--p. 1.
The African Continental Free Trade Area: Potential Economic Impact and Challenges by Mr.Lisandro Abrego,Mr.Mario de Zamaroczy,Tunc Gursoy,Garth P. Nicholls,Hector Perez-Saiz,Jose-Nicolas Rosas Pdf
Political momentum towards Africa-wide free trade has been intensifying. In March 2018, over 40 countries signed the African Continental Free Trade Area (AfCFTA) agreement. Once fully implemented, the AfCFTA is expected to cover all 55 African countries, with a combined GDP of about US$2.2 trillion. This SDN takes stock of recent trade developments in Sub-Saharan Africa and assesses the potential benefits and costs of the AfCFTA, as well as challenges to its successful implementation. In addition to increased trade flows both in existing and new products, the AfCFTA has the potential to generate substantial economic benefits for African countries. These benefits include higher income arising from increased efficiency and productivity from improved resource allocation, higher cross-border investment flows, and technology transfers. Besides lowering import tariffs, to ensure these benefits, African countries will need reduce other trade barriers by making more efficient their customs procedures, reducing their wide infrastructure gaps, and improving their business climates. At the same time, policy measures should be taken to mitigate the differential impact of trade liberalization on certain groups as resources are reallocated in the economy and activities migrate to locations with comparatively lower costs.
Economic Integration in Asia by Deeparghya Mukherjee Pdf
The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration.
In this conference volume, distinguished economists and trade policymakers address the US initiatives to enter into free trade negotiations with a broad range of countries in the Asia-Pacific region, the Western Hemisphere, and Africa. The sheer number of these initiatives is unprecedented and has provoked major policy questions concerning US interests in the negotiations, the setting of priorities among the many contenders for concluding free trade agreements (FTAs) with the United States, the objectives of those trading partners, and the implications that these agreements could have for broader initiatives such as the Doha Round in the World Trade Organization and the Free Trade Area of the Americas. The papers in the volume were presented during a conference on FTAs and US trade policy, sponsored by the Institute in May 2003. The editor, Jeffrey Schott, summarizes the policy implications drawn from the conference papers and discussions, which are organized around several topics: the conceptual case for FTAs and how they have worked in the past; what FTAs imply for the broader global system; the specific agreements that are already being pursued (Australia, Central America, Morocco, southern Africa) or considered (ASEAN, Brazil, Egypt, Korea, and Taiwan). The volume includes a technical appendix with results of GTAP and gravity model simulations of the trade and welfare effects of the prospective agreements.
Innovating South-South Cooperation by Hany Gamil Besada,M. Evren Tok,Leah McMillan Polonenko Pdf
This book presents novel approaches to further SouthSouth Cooperation (SSC) on a global scale. The evolving aid architecture and mounting development challenges demand an urgent and critical review of existing aid modalities, policy-making and forums for international cooperation. With the rise of emerging powers, we face an important question: ls the changing global order transforming the nature of development cooperation? Promoting equitable broad-based growth in order to alleviate poverty, calls for a new understanding of the principles of development assistance, good governance, transparency, ownership, and accountability. This book is published in English. - Les changements en matière d’aide internationale et les défis soulevés par les crises alimentaires, financières et énergétiques exigent un examen critique des conventions actuelles en matière d’assistance et d’élaboration de politiques et de forums décisionnels en coopération internationale. À la lumière de la montée de pouvoirs émergents, une analyse de la manière dont un ordre mondial en mutation transforme la nature de la coopération pour le développement s’impose. La promotion d’une croissance économique équitable et d’une réduction de la pauvreté exige une nouvelle compréhension de l’aide au développement et une gouvernance, transparence, propriété et imputabilité optimales. L’avenir de la Coopération Sud-Sud repose sur de nombreux facteurs, comme l’amélioration des moyens de communication et le partage des connaissances entre pays partenaires, l’adoption d’une approche analytique pour définir les biens publics régionaux et mondiaux, l’identification et l’évaluation des bonnes et des mauvaises pratiques et la fusion des priorités économiques et sociales. Au moyen d'études de cas, les auteurs proposent des approches novatrices pour promouvoir la Coopération Sud-Sud et établir des politiques de développement international efficaces. Ce livre est publié en anglais.
Trade Regionalism in the Asia-Pacific by Sanchita Basu Das,Masahiro Kawai Pdf
Asia has witnessed a proliferation of free trade agreements (FTAs) since the turn of the millennium. The first regional agreement — the ASEAN FTA — was transformed into the ASEAN Economic Community at the end of 2015. In the meantime, ASEAN forged five ASEAN+1 FTAs and began to negotiate a sixteen-member Regional Comprehensive Economic Partnership (RCEP) Agreement. In parallel, the U.S.-led Trans-Pacific Partnership (TPP), supporting U.S. foreign policy of “Pivot to Asia”, was broadly agreed in October 2015. The RCEP and the TPP are accompanied by other mega-regional integration processes developing elsewhere in the world, including the Transatlantic Trade and Investment Partnership for the European Union and the United States, and the Pacific Alliance among four Latin American member states. Meanwhile, APEC is also striving to meet its Bogor Goal targets and create a Free Trade Area of the Asia-Pacific. Each of these mega-regionals aims to achieve greater trade and investment liberalization and facilitation and more harmonized trade and investment rules so that all member economies can participate in the global value chain of production. Instead of undermining, these regional exercises can be building blocks for a more liberal global trading system supported by the World Trade Organization. This book ruminates on these regional agreements, their economic and strategic rationales and challenges during negotiations and afterwards. The book brings together eminent scholars and experts to deepen our understanding of the complex nature of the mega-regional trade agreements and their implications. It is useful both for the academic and research community and for policymakers who focus on trade and economic cooperation issues.
Asia's Free Trade Agreements by Masahiro Kawai,Ganeshan Wignaraja Pdf
East Asia is the region of the world that is changing fastest in terms of trade arrangements. Dozens of free-trade agreements are signed every year, turning a complex situation into the East Asian noodle bowl of FTAs. This book addresses the crucial question posed by these new agreements how do they affect business? While many studies have focused on government-to-government issues, this book gets to the heart of the matter, studying what it means for the firms actually doing the trade and investment. I recommend this book to any serious student of trade, particularly those interested in understanding the rapidly evolving landscape in this most dynamic part of the world. Richard Baldwin, Professor of International Economics, Graduate Institute, Geneva, Switzerland The pursuit of more than one hundred Free Trade Agreements in East Asia is quietly producing a fundamental change in the global economic architecture. This path-breaking new volume provides an indispensable guide to the practical effect of such agreements on commercial transactions in the region. It is a must-read for businessmen and policymakers who seek to both understand the impact of FTAs in the real world and expand their contributions to economic growth and development. C. Fred Bergsten, Director, Peterson Institute for International Economics, US [East Asia] needs to think about appropriate measures to overcome the Asian FTA noodle bowl in the future. In this vein, the study suggests several practical measures including encouraging rationalization and flexibility of rules of origin, upgrading origin administration, improving business participation in FTA consultations, and strengthening institutional support systems for SMEs. . . It is hoped that this study will contribute to strengthening regional trade policies in Asia and compatibilities with global trade rules. Haruhiko Kuroda, President, Asian Development Bank This is a valuable contribution in a crowded field. Kawai and Wignaraja have gone beyond familiar arguments about the relative merits of regionalism and multilateralism to ask businesses what it all means to them. Policymakers should take note. Patrick Low, Chief Economist, WTO For policymakers in the region, the debate is no longer between regionalism and multilateralism. The real question is how we should create the model for regionalism that will become the building blocks to a multilateral trading system and avoid raising costs of doing business from the noodle bowl effect. Therefore the comparative and micro-level research found in this book provides valuable insights on the impact of FTAs on businesses. These insights will be relevant input as policymakers forge ahead in implementing regional FTAs, thinking of ways to amend and improve on them and, most importantly, harmonize or consolidate between existing regional FTAs in East Asia. Mari Pangestu, Minister of Trade, Indonesia The spread of Asia s free trade agreements (FTAs) has sparked an important debate on the impact of such agreements on business activity. This pioneering study uses new evidence from surveys of East Asian exporters including Japan, the People s Republic of China, the Republic of Korea and three ASEAN economies of the Philippines, Singapore and Thailand to shed light on the FTA debate. Critics are concerned that FTAs erode the multilateral trading process and foster an alarming noodle bowl of overlapping regulations and rules of origin requirements which may be costly to business. Asia s Free Trade Agreements makes key recommendations for improving business use of FTA preferences, reducing costs of FTAs and creating a region-wide FTA. This well-researched and documented book will appeal to undergraduate and postgraduate students in international business, international economics, economic development, public administration and public policy. Academics, researchers and members of think-tanks around the world will also benefit from this book as will trad
The U.S.-Singapore Free Trade Agreement by Eul-Soo Pang Pdf
Free trade has become the mantra of development strategy for many countries in the world, especially those in the Asia Pacific. This book delves into the American side of the story. It is about how Singapore and the United States came to sign the agreement in 2003 (taking effect from 1 January 2004). The United States - Singapore Free Trade Agreement (USSFTA) is the first FTA that America signed with an Asian country and the second such agreement with a fully developed country, after Canada. The city-state has used a free trade agreement as both a national survival and a growth strategy, first forging such FTA ties with its major trading partners and then expanding its strategic link to such extra-regional great powers as the United States, Japan, Australia, China, India, and the European Union. Both Singapore and the United States saw in FTAs something more than just merchandise trade.
Mega-Regional Trade Agreements by Thilo Rensmann Pdf
This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law.
