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    The Building Block versus Stumbling Block Debate of Regionalism: From the Perspective of Service Trade Liberalization in Asia

    Hamanaka, Shintaro | May 2009
    Abstract
    When debating the pros and cons of economic regionalism, haven’t we focused enough on trade in goods at the expense of services? This article argues that regionalism is certainly a building block, not a stumbling block to a multilateral trading system, using the services liberalization scheme of Association of Southeast Asian Nations (ASEAN) as a case study. At the same time, it is critical to set out a proper institutional arrangement to ensure that regional services liberalization initiatives reinforce the global services regime. This paper proposes an amendment of the current GATS Article V to define the appropriate relationship between multilateralism and regionalism in the context of services.
    Citation
    Hamanaka, Shintaro. 2009. The Building Block versus Stumbling Block Debate of Regionalism: From the Perspective of Service Trade Liberalization in Asia. © Asian Development Bank. http://hdl.handle.net/11540/2344. License: CC BY 3.0 IGO.
    Keywords
    Regionalism
    Regional Economy
    Regional Trading Arrangements
    Regional Trade Integration
    Regional Economic Integration
    Regional Cooperation
    Interregional Cooperation
    Trade Disputes
    Trade Barriers
    Economic integration
    Regional Development Bank
    Preferential tariffs
    International negotiation
    Protectionist measures
    Access to markets
    Economic agreements
    International trade law
    Regional integration
    Trade relations
    Regional disparities
    Interregionalism
    Regional economic disparities
    Regional economic blocs
    Industrial arbitration
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    Citable URI
    http://hdl.handle.net/11540/2344
    Metadata
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    PDF (504.8Kb)
    Author
    Hamanaka, Shintaro
    Theme
    Regional
    Trade

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    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise