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

dc.contributor.authorMasahiro Kawai
dc.contributor.authorGaneshan Wignaraja
dc.date.accessioned2015-02-06T15:56:36Z
dc.date.available2015-02-06T15:56:36Z
dc.date.issued2008-02-01
dc.identifier.urihttp://hdl.handle.net/11540/2359
dc.description.abstractAs 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.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleRegionalism as an Engine of Multilateralism: A Case for a Single East Asian FTA
dc.typeWorking Papers
dc.subject.expertTrade Facilitation
dc.subject.expertTrade
dc.subject.expertEconomic integration
dc.subject.expertRegional Economic Integration
dc.subject.expertFree Trade
dc.subject.expertTrade Agreements
dc.subject.expertTrade Policy
dc.subject.expertEconomic Development
dc.subject.expertEconomics
dc.subject.expertInternational Economics
dc.subject.adbEconomic planning
dc.subject.adbEconomic structure
dc.subject.adbGrowth policy
dc.subject.adbTrade relations
dc.subject.adbTrade policy
dc.subject.adbTrade policy
dc.subject.adbEconomic development
dc.subject.naturalRegional economics
dc.subject.naturalEconomic forecasting
dc.subject.naturalEconomic development projects
dc.subject.naturalSuccess in business
dc.subject.naturalBusiness
dc.subject.naturalFree trade
dc.subject.naturalBusiness
dc.subject.naturalEconomics
dc.title.seriesRegional Economic Integration Working Papers
dc.title.volumeno 14
dc.contributor.imprintAsian Development Bank
oar.themeTrade
oar.themeEconomics
oar.themeLabor Migration
oar.adminregionEast Asia Region
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-001932
oar.authorKawai, Masahiro
oar.authorWignaraja, Ganeshan
oar.importtrue
oar.googlescholar.linkpresenttrue


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  • Regional Economic Integration Working Paper Series
    The Asian Development Bank Working Paper Series on Regional Economic Integration focuses on topics relating to regional cooperation and integration in the areas of infrastructure and software, trade and investment, money and finance, and regional public goods. The series is a quick-disseminating, informal publication that seeks to provide information, generate discussion, and elicit comments.

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