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Regional Trade and Investment Architecture in Asia-Pacific : Emerging Trends and Imperatives

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  • Tiziana Bonapace

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Abstract

Regionalism has become a key component of the new international order. It offers to the governments of developed and developing countries a new and attractive complementary strategy to multilateralism. Most countries of the world today belong to one or more regional trading arrangements of some kind covering more than two-thirds of the trade conducted. The Asia Pacific region is no exception to this trend. This paper examines the evolving regional trading panorama in the Asia Pacific region with its recent surge in bilateralism and its implications for evolving a regional trade and investment architecture. It argues that by facilitating the development of a seamless, region-wide zone of trade and investment, the region will enhance its prospects for becoming worlds center of economic growth and prosperity by 2020.

Suggested Citation

  • Tiziana Bonapace, 2005. "Regional Trade and Investment Architecture in Asia-Pacific : Emerging Trends and Imperatives," Trade Working Papers 22085, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:tradew:22085
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    File URL: http://www.eaber.org/node/22085
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    Cited by:

    1. Dilip K. Das, 2008. "South Asia's Integration with the Rest of Asia: a survey," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 22(1), pages 25-40, May.
    2. Sachin Chaturvedi, 2006. "Trade Facilitation and Customs Valuations in India : Identifying the Gaps," Trade Working Papers 22087, East Asian Bureau of Economic Research.
    3. Nagesh Kumar, 2005. "Towards a Broader Asian Community : Agenda for the East Asia Summit," Macroeconomics Working Papers 22107, East Asian Bureau of Economic Research.
    4. Nagesh Kumar, 2008. "Relevance and Challenges of Broader Regionalism in Asia," India Quarterly: A Journal of International Affairs, , vol. 64(1-3), pages 79-105, January.
    5. Tulus Tambunan, 2008. "Trade liberalization effects on the development of small and medium-sized enterprises in Indonesia: a case study," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 15(2), pages 35-59, December.
    6. Sachin Chaturvedi & Lian Chawii, 2005. "Biosafety Protocol, International Trade and Agricultural Biotechnology : Policy Inferences for India," Trade Working Papers 22086, East Asian Bureau of Economic Research.
    7. Mukul G. Asher & Amarendu Nandy, 2006. "Demographic Complementarities and Outsourcing : Implications and Challenges for India," Macroeconomics Working Papers 22082, East Asian Bureau of Economic Research.
    8. Tulus Tambunnan, 2007. "Trade and Investment Liberalization Effects on SME Development: A Literature Review and a Case Study of Indonesia," Working Papers 4207, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..

    More about this item

    Keywords

    globalization; WTO; Investments;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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