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table. Despite these potential benefits, there appears to be little enthusiasm for recontracting efforts centred on existing …, incorporating a formal recontracting mechanism into new agreements will provide opportunities to garner additional gains from trade …
Persistent link: https://www.econbiz.de/10009443746
Persistent link: https://www.econbiz.de/10009567593
and performance of all regulations and institutions on an ongoing basis, and in a way that involves all relevant … stakeholders. Such policy review institutions can provide technical solutions, helping to identify particular reform options. They … of such institutions, and provides examples from around the Asian region. …
Persistent link: https://www.econbiz.de/10009363714
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Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...
Persistent link: https://www.econbiz.de/10005252532
Trade theories covering Preferential Trade Agreements (PTAs) are as diverse as the literature in search of their empirical support. To account for the model uncertainty that surrounds the validity of the competing PTA theories, we introduce Bayesian Model Averaging (BMA) to the PTA literature....
Persistent link: https://www.econbiz.de/10005263980
Is the recent proliferation of Regional Trade Agreements (RTAs) in Asia a healthy development, or runs the risk of turning into an unmanageable "noodle bowl" in the future? The goal of this paper is to shed some light on this question. The results show that membership in the Asian RTAs...
Persistent link: https://www.econbiz.de/10005263990
This paper explores the effectiveness of the Central European Free Trade Area (CEFTA) and the Baltic Free Trade Area (BFTA). Estimates from a gravity model and bilateral trade data support the view that both CEFTA and BFTA helped expand regional trade and limit the emergence of a "hub-and-spoke"...
Persistent link: https://www.econbiz.de/10005769035
This paper analyzes the appropriate sequencing between accession to the World Trade Organization (WTO) and the implementation of the Eurasian Economic Community (EAEC) customs union and whether the latter facilitates or delays WTO accession for some member countries of the Commonwealth of...
Persistent link: https://www.econbiz.de/10005769132
South-South trade agreements are proliferating: Developing countries signed 70 new agreements between 1990 and 2003. Yet the impact of these agreements is largely unknown. This paper focuses on the static effects of South-South preferential trade agreements stemming from changes in trade...
Persistent link: https://www.econbiz.de/10005769302