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ASEAN has significant achievements to its credit. It is a durable and effective functioning entity, more so than any …, ASEAN has played a role in delivering relative peace and stability in the region, which has in turn facilitated rapid … economic development. Yet ASEAN has not progressed very far in terms of becoming a formal economic entity. But its own brand of …
Persistent link: https://www.econbiz.de/10010529556
The ASEAN Economic Community (AEC) is the largest integration effort attempted in the developing world; if realized, it … leads to free trade agreements with key external partners. Every ASEAN member will share in these benefits. There will be … poses political challenges: the study finds that the project will imply significant structural adjustment in several ASEAN …
Persistent link: https://www.econbiz.de/10013132888
We use a unique case study to estimate the effect of withdrawing from a free trade agreement on international trade. Lately, the political opposition to international economic cooperation has been on the rise, but little is known about how the withdrawal from a trade agreement affects trade. We...
Persistent link: https://www.econbiz.de/10012421152
We use a unique case study to estimate the effect of withdrawing from a free trade agreement on international trade. Lately, the political opposition to international economic cooperation has been on the rise, but little is known about how the withdrawal from a trade agreement affects trade. We...
Persistent link: https://www.econbiz.de/10012423918
The Association of Southeast Asian Nations (ASEAN) is strategically significant because of its size, dynamism, and role … in the Asian economic and security architectures. This paper examines how ASEAN seeks to strengthen these assets through … maximize regional incomes and benefit all member economies: first, selective engagement by ASEAN members in productive external …
Persistent link: https://www.econbiz.de/10013076776
The Trans-Pacific Partnership (TPP) agreement, now in negotiation among nine Asia-Pacific countries, could yield annual global income gains of $295 billion (including $78 billion for the United States) and offers a pathway to free trade in the Asia-Pacific with potential gains of $1.9 trillion....
Persistent link: https://www.econbiz.de/10013103777
This paper presents two empirical tools to quantify the impacts of tariff changes on bilateral trade and welfare. Both tools are rooted in the structural gravity literature. The first tool estimates the impact of tariff changes on bilateral trade for 5,020 products in a partial equilibrium...
Persistent link: https://www.econbiz.de/10012820833
The preferential trade agreement between the Eurasian Economic Union (EAEU) and Iran on mutual trade entered into force in October 2019. In this report we estimate its expected impact at aggregate and sectoral levels using the gravity model of trade based on the global sample of bilateral trade...
Persistent link: https://www.econbiz.de/10012213760
The ASEAN Economic Community (AEC) was set up in 2003 with the objectives of creating a single market and production …
Persistent link: https://www.econbiz.de/10013073803
The UK exit from the European Union (Brexit) is likely to have a range of impacts, with trade flows likely to be most affected. One possible outcome of Brexit is a situation where WTO tariffs apply to merchandise trade between the UK and the EU. By examining detailed trade flows between the UK...
Persistent link: https://www.econbiz.de/10011565180