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Assessing the Progress of Services Liberalization in the ASEAN-China Free Trade Area (ACFTA)

Author

Listed:
  • Yoshifumi Fukunaga

    (Economic Research Institute for ASEAN and East Asia)

  • Hikari ISHIDO

    (Chiba University)

Abstract

The aim of this paper is to evaluate the success of progressive services liberalization under the ASEAN China FTA (ACFTA). First, we calculate the level of commitments by applying the Hoekman Index. Second, we compare the ACFTA 2nd Package with the ACFTA 1st Package and examine the additional liberalization, and the frequency of backtrack. Third, we compare the ACFTA 2nd Package with the GATS commitments by the respective member states. Last, we discuss the policy implications of this analysis to the other ASEAN+1 FTA and RCEP negotiations, as well as the need to address GATS-minus commitments found in FTAs

Suggested Citation

  • Yoshifumi Fukunaga & Hikari ISHIDO, 2013. "Assessing the Progress of Services Liberalization in the ASEAN-China Free Trade Area (ACFTA)," Working Papers DP-2013-07, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:wpaper:dp-2013-07
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    References listed on IDEAS

    as
    1. Ben Shepherd & Gloria Pasadilla, 2012. "Services as a New Engine of Growth for ASEAN, the People’s Republic of China, and India," Development Economics Working Papers 23290, East Asian Bureau of Economic Research.
    2. Adlung, Rudolf & Miroudot, Sébastien, 2012. "Poison in the wine? Tracing GATS-minus commitments in regional trade agreements," WTO Staff Working Papers ERSD-2012-04, World Trade Organization (WTO), Economic Research and Statistics Division.
    3. Shepherd, Ben & Pasadilla, Gloria, 2012. "Services as a New Engine of Growth for ASEAN, the People’s Republic of China, and India," ADBI Working Papers 349, Asian Development Bank Institute.
    4. Yoshifumi Fukunaga & Ikumo Isono, 2013. "Taking ASEAN+1 FTAs towards the RCEP: A Mapping Study," Working Papers DP-2013-02, Economic Research Institute for ASEAN and East Asia (ERIA).
    5. Hikari Ishido & Yoshifumi Fukunaga, 2012. "Liberalization of Trade in Services: Toward a Harmonized ASEAN++ FTA," Working Papers PB-2012-02, Economic Research Institute for ASEAN and East Asia (ERIA).
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    Cited by:

    1. Yoshifumi Fukunaga, 2015. "ASEAN's Leadership in the Regional Comprehensive Economic Partnership," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 2(1), pages 103-115, January.

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    More about this item

    Keywords

    FTA; services liberalization; ASEAN; China; RCEP;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

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