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Old Issues in New Regionalism

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  • Christopher Findlay

Abstract

There has been a burst of interest in regional trading arrangements in the Asia Pacific region. Business pressures, frustration with the multilateral process, renewed interests in regional autonomy and domino effects have contributed to the interest in a preferential route. But the use of these arrangements leads to serious risks of new layers of discrimination in the regional trading system, and to a marked change in strategy for trade liberalisation in East Asia. Hopes that this route to reform will be successful may yet be disappointed. Even so, individual economies must design strategic responses to the change in the policy environment, with a long-run goal of returning liberalisation to the nondiscriminatory track.

Suggested Citation

  • Christopher Findlay, 2001. "Old Issues in New Regionalism," Asia Pacific Economic Papers 311, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University.
    • Handle: RePEc:csg:ajrcau:311
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    File URL: https://crawford.anu.edu.au/pdf/pep/pep-311.pdf
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    References listed on IDEAS

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    Cited by:

    1. P. Lloyd, 2000. "Shann Memorial Lecture: The economic importance of East Asia to Australia," Economics Discussion / Working Papers 00-21, The University of Western Australia, Department of Economics.
    2. Findlay, Christopher C., 2002. "Walking and chewing gum at the same time: Australia’s free trade area strategy," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 46(4), pages 1-13.

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    JEL classification:

    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General

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