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Patterns of free trade areas in Asia

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Title:Patterns of free trade areas in Asia
Authors:Kawai, Masahiro
Wignaraja, Ganeshan
LC Subject Headings:Free trade - East Asia
Small business - East Asia
East-Asia - Commercial policy
East-West Center
Financial crises - East Asia
Date Issued:2013
Publisher:Honolulu : East-West Center
Series:East-West Center (Washington, D.C.). Policy studies ; 65
Abstract:This monograph addresses Asia's rise in global free trade agreement (FTA) activity. This has sparked concerns about the erosion of the World Trade Organization (WTO) trading system and the Asian "noodle bowl" (multiple and possibly conflicting FTAs).

The study identifies for policymakers how best to minimize the costs of FTAs while maximizing their benefits. It reexamines key trends and challenges in Asian FTAs and offers new information from analysis of FTAs, economic models, and firm surveys. This analysis supports strengthening business support for FTAs; rationalizing rules of origin and upgrading their administration; expanded coverage of agricultural and services trade; forging comprehensive "WTO-plus" agreements; and encouraging a region-wide FTA. The analysis suggests a bottom-up approach to global trade liberalization as a complement to WTO processes.
Description:For more about the East-West Center, see
Pages/Duration:78 p.
Appears in Collections: East-West Center (Washington, D.C.). Policy Studies

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