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A well-developed services supply chain is crucial for regional integration. In the context of East Asia and ASEAN, it will allow countries at varying development stages to effectively participate in regional as well as global supply chains. This paper examines services from a supply chain...
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The proposed Trans-Pacific Partnership (TPP) is a free trade agreement among 12 Pacific Rim countries whose joint gross domestic products (GDPs) account for 36 percent of world GDP and whose mutual trade accounts for approximately 24 percent of world trade. As for most proposed free trade...
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Despite widespread anecdotal evidence that lower trade barriers increase international trade, there is little firm quantitative evidence of the ‘trade-cost elasticity’ of trade flows, one of the two key aggregate statistics that have recently been identified as sufficient to quantify the...
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