Multilateralizing Asian regionalism

Arbeitspapier

Motivated by the proliferation of free trade agreements (FTAs) in Asia over the last decade, this paper studies the challenges faced by the Asian "noodle bowl" - overlapping, multiple trade rules, regulations, and standards in Asia - in the process of regional and global trade integration. The paper first highlights the importance of trade and investment linkages among Asian economies that have formed Asian supply chains, called Factory Asia. It then considers ways and means of multilateralizing Asian trade regionalism by discussing the pros and cons of various approaches - such as the Association of Southeast Asian Nations (ASEAN)-centered regional trade agreements, including the Regional Comprehensive Economic Partnership agreement, and cross-regional FTAs, including the Trans-Pacific Partnership agreement and a future Asia-European Union FTA. The paper emphasizes the promising role of inclusive Asian regionalism and the need to move to global integration.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ADBI Working Paper ; No. 431

Classification and Topics

• Classification: Wirtschaft ; Trade Policy; International Trade Organizations ; Organization of Production ; International Linkages to Development; Role of International Organizations
• Subject: free trade agreements ; asia ; asian noodle bowl ; global trade integration ; asean ; trans-pacific partnership ; inclusive asian regionalism ; Internationale Wirtschaftsbeziehungen ; Handelshemmnisse ; Regulierung ; Freihandelszone ; Wirtschaftsintegration ; ASEAN-Staaten

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Baldwin, Richard ; Kawai, Masahiro
• Event: Veröffentlichung
• (who): Asian Development Bank Institute (ADBI)
• (where): Tokyo
• (when): 2013

Further information

• Handle: http://hdl.handle.net/10419/101177
• Last update: 10.03.2025, 11:41 AM CET