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The Asian “Noodle Bowl†:Is It Serious for Business?

Author

Listed:
  • Masahiro Kawai

    ()

  • Ganeshan Wignaraja

    ()

Abstract

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regional trade agreements—of trade deals and others who see net beneficial effects in terms of regional liberalization and a building block to multilateral liberalization. A lack of enterprise-level data has made it difficult to resolve the debate. Providing new evidence from surveys of 609 East Asian firms (in Japan, Singapore, Republic of Korea [hereafter Korea], Thailand, and Philippines), this paper seeks to address the critical question of whether the Asian noodle bowl of multiple overlapping FTAs is harmful to business activity, particularly for small- and medium-sized enterprises (SMEs).[ADBI WP NO 136]

Suggested Citation

  • Masahiro Kawai & Ganeshan Wignaraja, 2009. "The Asian “Noodle Bowl†:Is It Serious for Business?," Working Papers id:1936, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:1936
    Note: Institutional Papers
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    References listed on IDEAS

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    2. Richard E. Baldwin, 2011. "Multilateralising Regionalism: Spaghetti Bowls as Building Blocks on the Path to Global Free Trade," Chapters,in: International Handbook on the Economics of Integration, Volume I, chapter 2 Edward Elgar Publishing.
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    11. TAKAHASHI Katsuhide & URATA Shujiro, 2008. "On the Use of FTAs by Japanese Firms," Discussion papers 08002, Research Institute of Economy, Trade and Industry (RIETI).
    12. World Bank, 2007. "Trade Issues in East Asia : Preferential Rules of Origin," World Bank Other Operational Studies 19238, The World Bank.
    13. Arvind Panagariya, 2000. "Preferential Trade Liberalization: The Traditional Theory and New Developments," Journal of Economic Literature, American Economic Association, vol. 38(2), pages 287-331, June.
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    Cited by:

    1. repec:wsi:serxxx:v:55:y:2010:i:01:n:s0217590810003596 is not listed on IDEAS
    2. Kuwayama, Mikio & LaFleur, Marcelo & Durán Lima, José Elías, 2010. "Latin America and Asia Pacific trade and investment relations at a time of international financial crisis," Comercio Internacional 97, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Fukunari Kimura, 2010. "Economic Integration in Extended East Asia: Toward a New Trade Regime," Chapters,in: Globalization and Economic Integration, chapter 3 Edward Elgar Publishing.
    4. repec:bla:worlde:v:40:y:2017:i:11:p:2500-2511 is not listed on IDEAS

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