Regionalism as an Engine of Multilateralism: A Case for a Single East Asian FTA

Arbeitspapier

As East Asia becomes increasingly integrated through market-driven trade and FDI activities, free trade agreements (FTAs) are proliferating. Consolidation of multiple and overlapping FTAs into a single East Asian FTA can help mitigate the harmful noodle bowl effects of different or competing tariffs, standards, and rules. A region-wide FTA will also encourage participation of low-income countries and reduce trade-related business costs, particularly for small and medium enterprises. A computable general equilibrium (CGE) model examines the economic impact of various types of FTAs in East Asia (among ASEAN+1's, ASEAN+3, and ASEAN+6) finding that consolidation at the ASEAN+6 level would yield the largest gains to East Asia among plausible regional trade arrangements.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ADB Working Paper Series on Regional Economic Integration ; No. 14

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Trade: General ; Trade Policy; International Trade Organizations ; Macroeconomic Aspects of International Trade and Finance: General
• Thema: Free Trade Agreement ; ASEAN ; multilateralism

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Kawai, Masahiro ; Wignaraja, Ganeshan
• Ereignis: Veröffentlichung
• (wer): Asian Development Bank (ADB)
• (wo): Manila
• (wann): 2008

Weitere Informationen

• Handle: http://hdl.handle.net/10419/109532
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ