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Policy challenges posed by Asian free trade agreements: a review of the evidence

In: A World Trade Organization for the 21st Century

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  • Masahiro Kawai
  • Ganeshan Wignaraja

Abstract

The global financial crisis exposed great shortcomings in the global economic architecture, generating extensive international debate about possible remedies for these deficiencies. The postwar global architecture was guided by major developed economies, centered around the IMF, the GATT, and the World Bank. Today, the balance of economic power is shifting toward emerging economies. Global governance and economic policy must reflect this shift. With contributions from prominent Asian and international trade experts, this book critically examines key changes occurring in the world trading system and explores policy implications for Asia.

Suggested Citation

  • Masahiro Kawai & Ganeshan Wignaraja, 2014. "Policy challenges posed by Asian free trade agreements: a review of the evidence," Chapters, in: Richard Baldwin & Masahiro Kawai & Ganeshan Wignaraja (ed.),A World Trade Organization for the 21st Century, chapter 8, pages 182-238, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15991_8
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    Keywords

    Asian Studies; Economics and Finance;

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