Regionalism, Trade and Economic Development in the Asia-Pacific Region
Muhammed Abu B. Siddique
Edward Elgar, 2007 - Business & Economics - 239 pages
This book is based on the premise that Regional Trade Agreements (RTAs) in the Asia-Pacific significantly impact on the material progress of the peoples of this region. These impacts - in terms of the benefits and costs associated with RTAs - will vary greatly from country to country.The internationally acclaimed contributors examine the theoretical perspective of RTAs in relation to exchange rates, the role and goals of the WTO and agriculture. The tensions and trade frictions resulting from the formation of trade blocs and their conflicts with the roles and goals of the WTO are also examined in the book. Those economies that are considered the economic powerhouses of the region including China, Japan, South Korea, major ASEAN countries and Australia are discussed in depth. The findings of the book suggest that RTAs are becoming increasingly popular in the Asia-Pacific region. However the associated costs and benefits depend on a number of complex factors including exchange rates, negotiation skills, the sectors included or excluded from the RTA, and the level of economic development of the nations signing the RTAs.The book will be particularly useful to academics, researchers, consultants, students, policy makers (including trade negotiators), and practitioners involved in trade and development in the Asia-Pacific region.
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Preferential trade agreements and the role
Preferential trade agreements and exchange
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APEC APEC members Asia Asia-Pacific region AUSFTA Australia Australian wool barriers benefits bilateral FTA bilateral trade billion cent chapter Chile China Chinese cointegrating commodity comparative advantage competition cooperation developing countries DFAT domestic East Asian effects Equation exchange rate rule exports external fibre foreign Free Trade Agreement Free Trade Area gains GATT global Government growth impact imports increased Indonesia industrial production Institute International Trade issues Japan Japanese Korea major currency major trading partners Malaysia market access member countries ment Mexico multilateral NAFTA negotiations non-members outcome Panagariya political preferential trade present value model PTAs raw wool real exchange rates Regional trade agreements RTAs rules of origin SAFTA Services agreement services trade share prices Singapore Singapore's SITC Table tariff tariff rates textile and apparel Thailand trade diversion trade liberalization trade policy trends USSFTA variables welfare World Trade World Trade Organization Zealand