Author: Eul-Soo Pang
Publisher: Institute of Southeast Asian Studies
ISBN: 9814311995
Category : Business & Economics
Languages : en
Pages : 328
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Book Description
Free trade has become the mantra of development strategy for many countries in the world, especially those in the Asia Pacific. This book delves into the American side of the story. It is about how Singapore and the United States came to sign the agreement in 2003 (taking effect from 1 January 2004). The United States - Singapore Free Trade Agreement (USSFTA) is the first FTA that America signed with an Asian country and the second such agreement with a fully developed country, after Canada. The city-state has used a free trade agreement as both a national survival and a growth strategy, first forging such FTA ties with its major trading partners and then expanding its strategic link to such extra-regional great powers as the United States, Japan, Australia, China, India, and the European Union. Both Singapore and the United States saw in FTAs something more than just merchandise trade.
Author: Tommy Thong Bee Koh
Publisher: World Scientific
ISBN: 9812388486
Category : Political Science
Languages : en
Pages : 314
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Book Description
On 1 January 2004, the US-Singapore Free Trade Agreement (USSFTA) came into force. The USSFTA was the result of a two-year negotiation process which started towards the end of the Clinton Administration and concluded under the Bush Administration. How did the negotiation process straddle the two administrations? What is the rationale for the FTA? What were the unique features of the negotiating process? Was negotiating with the US different from negotiating with other countries? How will the FTA benefit the two countries? What is the impact on ASEAN, APEC and the WTO?This book captures some of the personal insights thrown up in the negotiations and offers highlights and analysis of the USSFTA. Contributors to the volume include the Chief Negotiators of the two delegations, the US and Singapore Ambassadors, key negotiators and close observers of the process. Selected key documents pertaining to the USSFTA process have also been included. This book is a comprehensive reader on the story behind the negotiations of the USSFTA.
Author: Manuel F. Casanova
Publisher: Nova Publishers
ISBN: 9781594541643
Category : Business & Economics
Languages : en
Pages : 206
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Book Description
On 31 July 2003, the Senate and, on July 24, the House passed H.R.2739 (United States-Singapore Free Trade Agreement Implementation Act) which is to implement the U.S. - Singapore Free Trade Agreement (FTA). The FTA would, with a phase-in period, eliminate tariffs on all goods traded between the United States and Singapore, cover trade in services, and protect intellectual property rights. The agreement has received support from the business community and consumer organisations but has been criticised by labour and some environmental interests. Some of the specific concerns raised deal with the restrictions on penalties for unresolvable disputes over labour and environmental issues, the Integrated Sourcing Initiative, potential capital controls, temporary visas, and access for U.S. exports of chewing gum. Since Singapore is a relatively small economy, the economic effects of the U.S. - Singapore Free Trade Agreement, by themselves, are not likely to be great. free trade interests who would benefit from more liberalised trade, particularly in services, and labour or anti-globalisation interests who oppose more FTA's because of the overall impact of imports on jobs and the general effects of globalisation on income distribution, certain jobs, and the environment. Specific provisions of the agreement also have generated debate. This book discusses the problems and issues that the Free Trade Agreement has brought up.
Author: Ramkishen S. Rajan
Publisher: Institute of Southeast Asian Studies
ISBN: 9812301445
Category : Political Science
Languages : en
Pages : 110
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Book Description
As part of its trade policy, Singapore has embarked on what can be broadly termed "new regionalism". Beyond examining the motivations behind these trade moves, the authors also analyse the trade and investment linkages between Singapore and Japan and the United States in some detail.
Author: Masahiro Kawai
Publisher: Edward Elgar Publishing
ISBN: 0857930419
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
East Asia is the region of the world that is changing fastest in terms of trade arrangements. Dozens of free-trade agreements are signed every year, turning a complex situation into the East Asian noodle bowl of FTAs. This book addresses the crucial question posed by these new agreements how do they affect business? While many studies have focused on government-to-government issues, this book gets to the heart of the matter, studying what it means for the firms actually doing the trade and investment. I recommend this book to any serious student of trade, particularly those interested in understanding the rapidly evolving landscape in this most dynamic part of the world. Richard Baldwin, Professor of International Economics, Graduate Institute, Geneva, Switzerland The pursuit of more than one hundred Free Trade Agreements in East Asia is quietly producing a fundamental change in the global economic architecture. This path-breaking new volume provides an indispensable guide to the practical effect of such agreements on commercial transactions in the region. It is a must-read for businessmen and policymakers who seek to both understand the impact of FTAs in the real world and expand their contributions to economic growth and development. C. Fred Bergsten, Director, Peterson Institute for International Economics, US [East Asia] needs to think about appropriate measures to overcome the Asian FTA noodle bowl in the future. In this vein, the study suggests several practical measures including encouraging rationalization and flexibility of rules of origin, upgrading origin administration, improving business participation in FTA consultations, and strengthening institutional support systems for SMEs. . . It is hoped that this study will contribute to strengthening regional trade policies in Asia and compatibilities with global trade rules. Haruhiko Kuroda, President, Asian Development Bank This is a valuable contribution in a crowded field. Kawai and Wignaraja have gone beyond familiar arguments about the relative merits of regionalism and multilateralism to ask businesses what it all means to them. Policymakers should take note. Patrick Low, Chief Economist, WTO For policymakers in the region, the debate is no longer between regionalism and multilateralism. The real question is how we should create the model for regionalism that will become the building blocks to a multilateral trading system and avoid raising costs of doing business from the noodle bowl effect. Therefore the comparative and micro-level research found in this book provides valuable insights on the impact of FTAs on businesses. These insights will be relevant input as policymakers forge ahead in implementing regional FTAs, thinking of ways to amend and improve on them and, most importantly, harmonize or consolidate between existing regional FTAs in East Asia. Mari Pangestu, Minister of Trade, Indonesia The spread of Asia s free trade agreements (FTAs) has sparked an important debate on the impact of such agreements on business activity. This pioneering study uses new evidence from surveys of East Asian exporters including Japan, the People s Republic of China, the Republic of Korea and three ASEAN economies of the Philippines, Singapore and Thailand to shed light on the FTA debate. Critics are concerned that FTAs erode the multilateral trading process and foster an alarming noodle bowl of overlapping regulations and rules of origin requirements which may be costly to business. Asia s Free Trade Agreements makes key recommendations for improving business use of FTA preferences, reducing costs of FTAs and creating a region-wide FTA. This well-researched and documented book will appeal to undergraduate and postgraduate students in international business, international economics, economic development, public administration and public policy. Academics, researchers and members of think-tanks around the world will also benefit from this book as will trad
Author: Rahul Sen
Publisher: Institute of Southeast Asian Studies
ISBN: 9812302506
Category : Political Science
Languages : en
Pages : 101
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Book Description
Free Trade Agreements (FTAs) are often considered as one of the building blocks for regional economic integration. This book details the concluded as well as ongoing FTA initiatives of Singapore, highlighting the benefits to the Singapore economy.
Author: Michael G. Plummer
Publisher: Asian Development Bank
ISBN: 9290921978
Category : Political Science
Languages : en
Pages : 194
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Book Description
This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.
Author: Asian Development Bank. Office of Regional Economic Integration
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 168
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Book Description
Author: Lillian Corbin
Publisher: Springer
ISBN: 9811330387
Category : Law
Languages : en
Pages : 170
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Book Description
This book brings together international perspectives on free trade issues that affect civil society from the general populace to the governments of nations, and is relevant not only for lawyers, but also policymakers, international actors and businesses, as well as those with a general interest in free trade agreements. The book examines the manifestation of the concept of free trade in agreements, such as the Trans-Pacific Partnership (TPP), Regional Comprehensive Economic Partnership (RCEP), and China-Australia Free Trade Agreement (ChAFTA). It asks whether such agreements are entered into for the purposes of enhancing trading relationships between partner nations, strengthening commercial ties, and fostering economic growth; or are they sometimes used merely for local political outcomes of the most influential nations.
Author: Colin Picker
Publisher: Bloomsbury Publishing
ISBN: 1509915397
Category : Law
Languages : en
Pages : 379
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Book Description
This book provides readers with a unique opportunity to learn about one of the new regional trade agreements (RTAs), the China–Australia Free Trade Agreement (ChAFTA), that has been operational since December 2015 and is now at the forefront of the field. This new agreement reflects many of the modern and up-to-date approaches within the international economic legal order that must now exist within a very different environment than that of the late eighties and early nineties, when the World Trade Organization (WTO) was created. The book, therefore, explores many new features that were not present when the WTO or early RTAs were negotiated. It provides insights and lessons about new and important trade issues for the twenty-first century, such as the latest approaches to the regulation of investment, twenty-first century services and the emerging digital/knowledge economy. In addition, this book provides new understandings of the latest RTA approaches of China and Australia. The book's contributors, all foremost experts on their subject matter within this field, explore the inclusion of many traditional trade and investment agreement features in the ChAFTA, showing their continuing relevance in modern contexts.
