The Noodle Bowl Effect: Stumbling or Building Block?

Kang, Jong Woo | August 2015
Abstract
The paper explores an economy’s incentive for entering a free trade agreement (FTA) rather than anticipating a global trade regime. Using basic game theories, it shows that in order for an equilibrium number of FTA participants to be obtained, the negative impact of FTAs should be significant. Globally, the side effects of FTAs—centered on noodle bowl effects—could contribute to inducing a global free trade regime and also increase the viability of a global trade regime once established. In order for an equilibrium number of FTA participants to be obtained, the negative impact of FTAs should be significant.
Citation
Kang, Jong Woo. 2015. The Noodle Bowl Effect: Stumbling or Building Block?. © Asian Development Bank. http://hdl.handle.net/11540/5114. License: CC BY 3.0 IGO.
ISSN
2313-6537 (Print), 2313-6545 (e-ISSN)
Keywords
Free Trade Agreement
Trade Facilitation
Trade Facilitation
Economic integration
Regional Economic Integration
Free Trade
Trade Agreements
Trade Policy
Show all
Citable URI
http://hdl.handle.net/11540/5114
Metadata
Show full item record
Thumbnail
Author
Theme

Users also downloaded

  • Thumbnail

    Financial Soundness Indicators for Financial Sector Stability in Bangladesh 

    Raihan, Selim (Asian Development Bank, 2015-09-08)
    Financial soundness indicators (FSIs) are compiled to monitor the health and soundness of financial institutions and markets, and of their corporate and household counterparts. With support from the Investment Climate Facilitation Fund under the ...
  • Thumbnail

    Interrelation between Growth and Inequality 

    Kang, Jong Woo (Asian Development Bank, 2015-08-27)
    The paper highlights the importance of “broad-based growth” as a framework to support economic growth and inclusiveness at the same time. Different countries show different dynamics between economic growth and inequality depending on diverse development, ...
  • Thumbnail

    Fossil Fuel Subsidies in Thailand: Trends, Impacts, and Reforms 

    Asian Development Bank (Asian Development Bank, 2015-10-19)
    Heavily dependent on imported energy sources, significant subsidies on fossil fuels present a heavy burden on public finances in Thailand. This study measures the size of fossil fuel subsidies such as tax breaks for diesel and natural gas, market ...