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Author: Ooi Guat Tin
Publisher: Institute of Southeast Asian Studies
ISBN: 9971902257
Category : Business & Economics
Languages : en
Pages : 43
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Book Description
This paper attempts to evaluate whether the PTA scheme has been successful in liberalizing intra-ASEAN trade through the new tariff reductions. More specfically, it stimulates the maximum potential trade creation effects within ASEAN of the 20% across-the-board tariff reduction on all items with import value of less than US$50,000 each in 1978 trade statstics. In addition, the implications of the latest proposal by the ASEAN Economic Ministers (AEM) to consider raising the cut-off ceiling to US$500,000 are also analysed.
Author: Ooi Guat Tin
Publisher: Institute of Southeast Asian Studies
ISBN: 9971902257
Category : Business & Economics
Languages : en
Pages : 43
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Book Description
This paper attempts to evaluate whether the PTA scheme has been successful in liberalizing intra-ASEAN trade through the new tariff reductions. More specfically, it stimulates the maximum potential trade creation effects within ASEAN of the 20% across-the-board tariff reduction on all items with import value of less than US$50,000 each in 1978 trade statstics. In addition, the implications of the latest proposal by the ASEAN Economic Ministers (AEM) to consider raising the cut-off ceiling to US$500,000 are also analysed.
Author: Guat Tin Ooi
Publisher:
ISBN:
Category : ASEAN.
Languages : en
Pages :
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Book Description
Author: David Kleimann
Publisher:
ISBN:
Category : East Asia
Languages : en
Pages : 0
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Book Description
This study seeks to enhance the understanding of ASEAN's external preferential trade agreements (PTA) in context of the recent growth of economic regionalism in East Asia. First, the paper compares the content of ASEAN's five plurilateral PTAs with China, Korea, Japan, India, Australia, and New Zealand with the status quo of ASEAN's internal economic integration. In a second step, the paper compares ASEAN's plurilateral agreements and ASEAN's internal integration with the content of six bilateral PTAs that individual ASEAN member states have concluded with Japan. The empirical findings demonstrate that the ambition of ASEAN's five plurilateral agreements finds its upper limits in the substantive content of ASEAN's internal economic integration. Within these limits, the coverage and depth of commitments varies considerably in correlation with the intensity of trade between ASEAN and the respective external partner. Moreover, the comparison shows that bilateral PTAs between six individual ASEAN member states and Japan go significantly beyond the status quo of ASEAN's internal integration and exceed the coverage and depth of ASEAN's external plurilateral PTAs. The author contends that the coverage and depth of ASEAN member states' plurilateral PTAs is limited by the structural heterogeneity of the signatories and, as a result, a relatively high diversity of policy preferences. Bilateral PTAs between ASEAN member states and the same external partners result in deeper commitments than the plurilateral accords, because of both a higher common denominator among the parties to the agreements and the free-rider problem that persists in plurilateral negotiation settings. Moreover, it is argued that the coverage and depth of the agreements is a function of the intensity of trade among the parties: high trade intensity results in deeper and more comprehensive agreements that tackle 21st century trade issues, whereas low trade intensity results in shallow agreements that aim to reduce first-generation trade barriers. These hypotheses, which are fully verified by the empirical findings of this study, allow for important conclusions about the role of ASEAN member states - collectively and individually - in current and future economic integration initiatives such as ASEAN+6, the TPP, or EU - ASEAN PTA negotiations.
Author: S. K. Jayasuriya
Publisher: Edward Elgar Publishing
ISBN: 1848449232
Category : Business & Economics
Languages : en
Pages : 283
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Book Description
Draws on both theory and evaluations of several major Preferential trading arrangements (PTAs) to discuss the constraints to achieving liberalisation in PTAs and key problems facing negotiators trying to achieve the best outcomes within given political economy constraints, such as choice of rules of origin and dispute settlement procedures.
Author: Tubagus Feridhanusetyawan
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 44
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Book Description
Preferential trade agreements (PTAs) in the Asia-Pacific region have proliferated rapidly over the past five years and are creating a complex web of intersecting bilateral and regional trade agreements. This paper describes the proliferation of these PTAs, discusses their characteristics and implementation, and assesses their potential effects. Realizing the potential gains from Asia-Pacific PTAs requires a commitment to liberalize sensitive sectors, to maintain consistent provisions, and to enforce agreements. Other factors, including administrative complications, also could undermine any potential gains.
Author: Jean-Pierre Chauffour
Publisher: World Bank Publications
ISBN: 0821386433
Category : Business & Economics
Languages : en
Pages : 537
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Book Description
The Handbook offers an introduction to the key elements of Preferential Trade Agreements (PTAs), addressing the practical economic and legal aspects of the regulatory policies in PTAs.
Author: Guat Tin Ooi
Publisher:
ISBN:
Category : Preferential trade
Languages : en
Pages :
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Book Description
Author: Miriam Manchin
Publisher: World Bank Publications
ISBN: 0707061547
Category : Bilateral free trade agreements
Languages : en
Pages : 29
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Book Description
The authors provide an overview of the preferential rules of origin in East Asia, highlighting the aspects that might possibly generate some trade-chilling effects. They review characteristics of existing preferential trade agreements with special emphasis on lessons from the European experience, and analyze some important features of the existing rules of origin in East and South-East Asian regional integration agreements. The empirical analysis of the effectiveness of preferentialism on intra-regional trade flows focuses on the ASEAN Free Trade Area (AFTA), with the aim of providing a rough estimate of the costs of requesting preferences. The results suggest that preferential tariffs favorably affect intra-regional imports only at very high margins (around 25 percentage points). This points to the likelihood of high administrative costs attached to the exploitation of preferences, particularly with regard to the compliance with AFTA's rules of origin.
Author: Amita Batra
Publisher: Academic Foundation
ISBN: 9788171886302
Category : Business & Economics
Languages : en
Pages : 192
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Book Description
Papers presented at a workshop held by the Indian Council for Research on International Economic Relations, New Delhi, in March 2006.
Author: Gerald Tan
Publisher: Institute of Southeast Asian
ISBN: 997190246X
Category : Business & Economics
Languages : en
Pages : 114
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Book Description
This study views the preferential trading arrangements as the beginning of an era in which deeper and wider tariff cuts would be made, once the tariff-negotiating machinery has been set up and institutionalized.
