Asia-Latin America Free Trade Agreements : An Instrument for Inter-Regional Liberalization and Integration?
Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the early 2000s. Using new criteria, this paper examines whether Asia-Latin America FTAs have facilitated market-led integration by liberalizing trade and behind the border regulatory barriers. Overall Asia-Latin America FTAs provide the foundations for inter-regional integration by liberalizing goods and services trade as well as some regulatory barriers. Future FTAs can support deeper integration by reducing residual regulatory barriers. Other policy priorities include forming a large inter-regional FTA, stimulating business use of FTAs and accelerating structural reforms.
Year of publication: |
2012-09
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Authors: | Wignaraja, Ganeshan ; Ramizo, Dorothea ; Burmeister, Luca |
Institutions: | East Asian Bureau of Economic Research (EABER) |
Subject: | Trade integration | Free Trade Agreement | Asia-Latin America FTAs | regulatory barriers | inter-regional integration | behind the border |
Saved in:
freely available
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Classification: | F15 - Economic Integration ; O24 - Trade Policy; Factor Movement Policy; Foreign Exchange Policy ; O53 - Asia including Middle East ; O54 - Latin America; Caribbean |
Source: |
Persistent link: https://www.econbiz.de/10011278093