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As a result of changing conditions in the world market and increasing global competition, trade and integration arrangements have become a part of economic and development strategies of countries. Bilateral economic partnerships or Free Trade Agreements are seen as an option in creating a stable...
Persistent link: https://www.econbiz.de/10009363418
Employing the Annual Trade Policy issued each year by the Ministry of Commerce as a simplified case study, this paper examines the reasons for the ineffectiveness of this policy instrument and the inherent inconsistencies and conflicting signals to the market that it contains. Capacity...
Persistent link: https://www.econbiz.de/10009363467
In May 2013 the ASEAN+6 countries began to negotiate the Regional Comprehensive Economic Partnership (RCEP). The objective of this paper is to analyze the feasibility of constructing such a region-wide agreement and to examine ways to multilateralize it. The paper first reviews free trade...
Persistent link: https://www.econbiz.de/10011134354
economy. It involves liberalization and facilitation of trade in goods, services, and investment, as well as protection and … removal of non-tariff barriers (NTBs) and services and investment liberalization. In summary, the AEC has come a long way, but … management capability to fulfill all goals in the AEC Blueprint and embark on further liberalization, rationalization, and …
Persistent link: https://www.econbiz.de/10011134360
countries, especially emerging market ones, are to volatile capital flows as a result of global financial liberalization. …
Persistent link: https://www.econbiz.de/10009363366
commended Singapores efforts on its liberalization of the services sector and its economic benefits to consumers and global …
Persistent link: https://www.econbiz.de/10009363378
This paper summarizes the conceptual rationale for investment liberalization to fully exploit the potential of regional …
Persistent link: https://www.econbiz.de/10009363399
This paper seeks to examine how locking-in of Pakistans unilateral liberalization at the WTO/GATS and further … liberalization of services trade would affect Pakistans competitiveness. Focusing on the opportunities and risks of such … liberalization the paper discusses possible options regarding the corollary regulatory reforms and other flanking measures that may …
Persistent link: https://www.econbiz.de/10009363439
An interesting contemporary research question in trade theory deals with the possibility of rising wage inequality across the globe. A few possible explanations have been provided so far. We provide a natural explanation and a rigorous proof of the phenomenon by arguing that liberalizing trade...
Persistent link: https://www.econbiz.de/10009365100
gain from agricultural trade liberalization. This paper assesses the evidence for such claims. It concludes that the … promise of agricultural trade liberalization is overstated, while the costs to small-scale farmers in developing countries are … beneficiaries of agricultural trade liberalization, gaining markets in both the global North and South. Only a limited number of …
Persistent link: https://www.econbiz.de/10009365150