IDEAS home Printed from https://ideas.repec.org/p/ces/ceswps/_1856.html
   My bibliography  Save this paper

Understanding the Latest Wave and Future Shape of Regional Trade and Cooperation Agreements in Asia

Author

Listed:
  • Biswa N. Bhattacharyay

Abstract

Asia accounts for more than 30% of world GDP and contributes half of the global growth in recent years. Despite high growth rates, Asia is still facing considerable socio-economic challenges. If Asia is to reemerge as a major power in the global economy and in order for the region to successfully address its own challenges and issues there is a need to make the region’s economies more integrated regionally and internationally. Following the recent global trend, Asia witnessed a wave of subregional and bilateral trade agreements. This paper analyzes the recent trends and patterns and nature of regional trade and cooperation agreements (RTCAs) in Asia and associated problems and prospects. It also attempts to understand the latest wave and the future shape of RTCAs and examines if these RTCAs provide the basis for a new Asia-wide cooperation or for the emergence of new regional trade in blocs of several subregional groupings.

Suggested Citation

  • Biswa N. Bhattacharyay, 2006. "Understanding the Latest Wave and Future Shape of Regional Trade and Cooperation Agreements in Asia," CESifo Working Paper Series 1856, CESifo.
    • Handle: RePEc:ces:ceswps:_1856
    as

    Download full text from publisher

    File URL: https://www.cesifo.org/DocDL/cesifo1_wp1856.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anthony J. Venables, 2003. "Winners and losers from regional integration agreements," Economic Journal, Royal Economic Society, vol. 113(490), pages 747-761, October.
    2. Agata Antkiewicz & John Whalley, 2005. "China's New Regional Trade Agreements," The World Economy, Wiley Blackwell, vol. 28(10), pages 1539-1557, October.
    3. Kawai, Masahiro, 2005. "East Asian economic regionalism: progress and challenges," Journal of Asian Economics, Elsevier, vol. 16(1), pages 29-55, February.
    4. Emanuel Ornelas, 2005. "Rent Destruction and the Political Viability of Free Trade Agreements," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(4), pages 1475-1506.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Biswa Nath Bhattacharyay & Madhurima Bhattacharyay, 2016. "Trends and Patterns of Growth, Development, Achievements of China and India: A Comparative Analysis," CESifo Working Paper Series 5788, CESifo.
    2. Biswa N Bhattacharyay & Swapan K. Bhattacharya, 2010. "Free Trade Agreement between People’s Republic of China and India: Likely Impact and Its Implications to Asian Economic Community," Working Papers id:3272, eSocialSciences.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Biswa N Bhattacharyay & Swapan K. Bhattacharya, 2010. "Free Trade Agreement between People’s Republic of China and India: Likely Impact and Its Implications to Asian Economic Community," Working Papers id:3272, eSocialSciences.
    2. Eckhardt, Jappe & Serrano, Omar, 2014. "Economic Integration and Rivalry in Asia: Comparing Regional Trade Strategies of China and India," Papers 762, World Trade Institute.
    3. Saggi, Kamal & Wong, Woan Foong & Yildiz, Halis Murat, 2017. "Preferential Trade Agreements and Rules of the Multilateral Trading System," MPRA Paper 76330, University Library of Munich, Germany.
    4. Mr. Meredith A McIntyre, 2005. "Trade Integration in the East African Community: An Assessment for Kenya," IMF Working Papers 2005/143, International Monetary Fund.
    5. Kamal Saggi & Woan Foong Wong & Halis Murat Yildiz, 2022. "The role of non‐discrimination in a world of discriminatory preferential trade agreements," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(1), pages 174-212, February.
    6. Sanchita Basu Das & Rahul Sen & Sadhana Srivastava, 2017. "A Partial Asean Customs Union Post 2015?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 62(03), pages 593-617, June.
    7. McDonald, Scott & Robinson, Sherman & Thierfelder, Karen, 2008. "Asian Growth and Trade Poles: India, China, and East and Southeast Asia," World Development, Elsevier, vol. 36(2), pages 210-234, February.
    8. Alice Nicole Sindzingre, 2016. "From an Eroding Model to Questioned Trade Relationships: The European Union and Sub-Saharan Africa," Insight on Africa, , vol. 8(2), pages 81-95, July.
    9. Emanuel Ornelas, 2016. "Special and Differential Treatment for Developing Countries," CESifo Working Paper Series 5823, CESifo.
    10. Sánchez-Martín, Miguel Eduardo & de Arce, Rafael & Escribano, Gonzalo, 2014. "Do changes in the rules of the game affect FDI flows in Latin America? A look at the macroeconomic, institutional and regional integration determinants of FDI," European Journal of Political Economy, Elsevier, vol. 34(C), pages 279-299.
    11. Marco Fugazza & Frédéric Robert-Nicoud, 2014. "The “Emulator Effect” of the Uruguay Round on US Regionalism," Review of International Economics, Wiley Blackwell, vol. 22(5), pages 1049-1078, November.
    12. Xuepeng Liu & Emanuel Ornelas, 2014. "Free Trade Agreements and the Consolidation of Democracy," American Economic Journal: Macroeconomics, American Economic Association, vol. 6(2), pages 29-70, April.
    13. Hiro Lee & Dominique van der Mensbrugghe, 2007. "Regional Integration, Sectoral Adjustments and Natural Groupings in East Asia," OSIPP Discussion Paper 07E008, Osaka School of International Public Policy, Osaka University.
    14. Paul Missios & Kamal Saggi & Halis Murat Yildiz, 2018. "External trade diversion, exclusion incentives and the nature of preferential trade agreements," World Scientific Book Chapters, in: Kamal Saggi (ed.), Economic Analysis of the Rules and Regulations of the World Trade Organization, chapter 10, pages 223-237, World Scientific Publishing Co. Pte. Ltd..
    15. Bank for International Settlements, 2008. "Assessing the integration of Asia's equity and bond markets," BIS Papers chapters, in: Bank for International Settlements (ed.), Regional financial integration in Asia: present and future, volume 42, pages 1-37, Bank for International Settlements.
    16. Libman, Alexander & Vinokurov, Evgeny, 2016. "Региональные Организации: Типы И Логика Развития [Regional Organizations: Typology and Development Paths]," MPRA Paper 79383, University Library of Munich, Germany.
    17. Ornelas, Emanuel & Tovar, Patricia, 2022. "Intra-bloc tariffs and preferential margins in trade agreements," Journal of International Economics, Elsevier, vol. 138(C).
    18. Jonathan Munemo, 2013. "Trade between China and South Africa: Prospects of a Successful SACU-China Free Trade Agreement," African Development Review, African Development Bank, vol. 25(3), pages 303-329, September.
    19. Ramesh Chandra & Rajiv Kumar, 2010. "South Asian Integration: Prospects and Lessons from East Asia," Chapters, in: Masahiro Kawai & Jong-Wha Lee & Peter A. Petri & Giovanni Capanelli (ed.), Asian Regionalism in the World Economy, chapter 12, Edward Elgar Publishing.
    20. Cephas B. Naanwaab & Jeffrey A. Edwards, 2017. "Analyzing Trade Growth Effects of Deviations from Long-run Economic Growth," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 17(4), pages 1-11, December.

    More about this item

    Keywords

    Asia; regional economic cooperation and integration; trade; bilateral and regional trade and cooperation agreements; ASEAN;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ceswps:_1856. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/cesifde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.