The discussions on the Free Trade Area of the Asia Pacific (FTAAP) have evolved in the Asia-Pacific Economic Cooperation (APEC) meetings since 2004 when the APEC Business Advisory Council (ABAC) presented a study suggesting a possible integration of the Asia-Pacific region. The most recent...

This paper surveys recent literature on the design of international institutions and applies the insights from it to the prospects for regional economic cooperation in the Asia-Pacific. The political and economic heterogeneity of the region has served the process of regional economic...

The RTAs with trade facilitation provisions have been expected to generate a larger net trade-creating effect and complement the discriminatory feature of RTAs but have yet to be empirically proven. Recognizing the limitations of existing studies, we conducted a quantitative analysis on the...

하지만 아직도 다수 APEC 회원국들과 역내기업인들에게 원산지규정은 그 기술적인 복잡성으로 인해 타 정책수단에 비하여 활용도가 낮은 실정이다. 최근 APEC에서 구축된 WebTR은 역내기업인에게 회원국들의 통관절차, 관세 및...

This study attempts to empirically determine if the spaghetti bowl phenomenon (hereinafter referred to as the SBP) exists among the 21 member APEC trade bloc. The SBP phenomenon claims that the crisscrossing of multiple free trade agreements (FTAs) of a country with partner economies can lead to...

This paper evaluates whether the proposed FTAAP is a desirable policy option for APEC member economies and the world economy. More specifically, this paper qualitatively investigates whether the FTAAP satisfies conditions for a trade bloc to generate positive and sufficient net trade creation...

While the pathway to the Free Trade Area of the Asia-Pacific (FTAAP) has been intensely discussed with a focus on its architecture, something has been missing: how to link trade and investment liberalization with inclusive growth of the APEC economies. The APEC economies have been increasingly...