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    Time to Concentrate Efforts on Effective FTA Utilization

    Kim, Young Gui | October 2016
    Abstract
    On December 20, 2015, Korea's FTAs with New Zealand, Vietnam, and China entered into effect. As a result, Korea has successfully built an FTA network comprising of 14 bilateral FTAs with its trading partners including major economies such as the US, EU, ASEAN, and China by adopting a multi-track approach since the Korea-Chile FTA in 2004. Meanwhile, discussions on regional economic integration have been further inspired as the Trans-Pacific Partnership (TPP) was signed in February and 12 TPP member countries initiated ratification procedures. This is a clear illustration of the current shifts in the global trade environment. In such times, we should seek to benefit more from FTAs and prepare for regional integration by looking back on how FTAs have been performing.
    Citation
    Kim, Young Gui. 2016. Time to Concentrate Efforts on Effective FTA Utilization. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/10552.
    Keywords
    Free Trade
    Trade Facilitation
    Trade
    Economic integration
    Regional Economic Integration
    Intraregional Trade
    Macroeconomic
    Macroeconomic Analysis
    Macroeconomic Framework
    Macroeconomic Models
    Macroeconomic Performance
    Macroeconomic Planning
    Macroeconomic Policies
    Macroeconomic Reform
    Macroeconomic Stabilization
    Economic planning
    Economic structure
    Growth policy
    Trade relations
    Trade policy
    Economic development
    Economies in transition
    International economy
    Border integration
    Economic integration
    Gross domestic product
    Trade Regulations
    Exchange Rate
    Economic zones
    Regional economics
    Economic forecasting
    Economic development projects
    Success in business
    Business
    Free trade
    Business
    Economics
    Communication in economic development
    Restraint of trade
    International economic integration
    Trade blocs
    East-West
    Exchange rates
    Economic Zones
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    Citable URI
    http://hdl.handle.net/11540/10552
    Metadata
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    KIEPopinions_no94.pdf (165.8Kb)
    Author
    Kim, Young Gui
    Theme
    Trade
    Economics
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise