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This article examines the interactions of power politics and international economic law in the development of regionalism in Asia, particularly in the context of United States-China trade relations. It argues that the process of regional economic integration in Asia has been slow-moving because...
Persistent link: https://www.econbiz.de/10012913871
Rules on digital trade are rapidly taking shape as countries in Asia-Pacific and beyond strive to secure the benefits associated with e-commerce and the digitalization of trade in goods and services. At the multilateral level, the WTO holds promise to reach a plurilateral agreement on core...
Persistent link: https://www.econbiz.de/10014451848
While some commentators credit bilateral and regional free trade agreements (RTAs) for increasing regional trade and per capita GDP in Asia, this chapter contends that the role of RTAs in expanding regional trade in Asia has been overstated and exaggerated. Put simply, this chapter demonstrates...
Persistent link: https://www.econbiz.de/10014191191
Many economists tend to be skeptical of the merits of Free-Trade Areas (FTAs) due to their second-best nature, while others support them under certain conditions, particularly as they allow for a more comprehensive treatment of trade- and investment-related issues than is currently possible...
Persistent link: https://www.econbiz.de/10011281501
Digital trade is upending the way consumers and companies do business. Digital trade and e-commerce have become major drivers of economic development by enhancing productivity and lowering costs of trade in goods. But government policies have been slow to catch up with the increasing importance...
Persistent link: https://www.econbiz.de/10011658334
The future creation of a region-wide economic agreement in Asia has become the hot issue among trade policymakers in the region. The APEC 2010 Summit Statement clearly states that the members should pursue a Free Trade Area of the Asia-Pacific (FTAAP), building on various ongoing regional...
Persistent link: https://www.econbiz.de/10011281465
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In Asia and the Pacific, two levels of ‘free trade agreements’ (FTAs) are operating to limit the scope of data export restrictions, and to prevent enactment of data localisation requirements, They have implications for relationships between Europe and the Asia-Pacific region. On the one...
Persistent link: https://www.econbiz.de/10013248200