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Preferential Trade Agreements in the Asia-Pacific Region

Author

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  • Tubagus Feridhanusetyawan

Abstract

Preferential trade agreements (PTAs) in the Asia-Pacific region have proliferated rapidly over the past five years and are creating a complex web of intersecting bilateral and regional trade agreements. This paper describes the proliferation of these PTAs, discusses their characteristics and implementation, and assesses their potential effects. Realizing the potential gains from Asia-Pacific PTAs requires a commitment to liberalize sensitive sectors, to maintain consistent provisions, and to enforce agreements. Other factors, including administrative complications, also could undermine any potential gains.

Suggested Citation

  • Tubagus Feridhanusetyawan, 2005. "Preferential Trade Agreements in the Asia-Pacific Region," IMF Working Papers 05/149, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:05/149
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    References listed on IDEAS

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    1. Ng, Francis & Yeats, Alexander, 2003. "Major trade trends in East Asia : what are their implications for regional cooperation and growth," Policy Research Working Paper Series 3084, The World Bank.
    2. Robert Scollay, 2001. "The Changing Outlook for Asia-Pacific Regionalism," The World Economy, Wiley Blackwell, vol. 24(9), pages 1135-1160, September.
    3. Robert Scollay & John P. Gilbert, 2001. "New Regional Trading Arrangements in the Asia Pacific?," Peterson Institute Press: Policy Analyses in International Economics, Peterson Institute for International Economics, number pa63, January.
    4. 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.
    5. John Gilbert & Robert Scollay & Bijit Bora, 2011. "Assessing Regional Trading Arrangements in the Asia-Pacific," Working Papers 2001-20, Utah State University, Department of Economics.
    6. Kathie Krumm & Homi Kharas, 2004. "East Asia Integrates : A Trade Policy Agenda for Shared Growth," World Bank Publications, The World Bank, number 15038, August.
    7. Anne O. Krueger, 1999. "Are Preferential Trading Arrangements Trade-Liberalizing or Protectionist?," Journal of Economic Perspectives, American Economic Association, vol. 13(4), pages 105-124, Fall.
    8. repec:rus:hseeco:123689 is not listed on IDEAS
    9. Bhagwati, Jagdish & Greenaway, David & Panagariya, Arvind, 1998. "Trading Preferentially: Theory and Policy," Economic Journal, Royal Economic Society, vol. 108(449), pages 1128-1148, July.
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    Citations

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    Cited by:

    1. Innwon Park & Soonchan Park, 2009. "Free Trade Agreements versus Customs Unions: An Examination of East Asia," Asian Economic Papers, MIT Press, vol. 8(2), pages 119-139, Spring.
    2. Park, Innwon & Park, Soonchan & Kim, Sangkyom, 2010. "A Free Trade Area of the Asia Pacific (FTAAP): Is It Desirable?," MPRA Paper 26680, University Library of Munich, Germany.
    3. Mia Mikic, 2007. "Health-related Services in Multilateral and Preferential Trade Arrangements in Asia and the Pacific," Working Papers 3007, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    4. Robert Galantucci, 2014. "Policy space and regional predilections: Partisanship and trade agreements in Latin America," Review of International Political Economy, Taylor & Francis Journals, vol. 21(3), pages 710-734, June.
    5. Patrizia Tumbarello, 2007. "Are Regional Trade Agreements in Asia Stumbling or Building Blocks? Implications for the Mekong-3 Countries," IMF Working Papers 07/53, International Monetary Fund.
    6. Gloria O. Pasadilla, 2007. "Preferential trading agreements and agricultural liberalization in East and South-East Asia," STUDIES IN TRADE AND INVESTMENT,in: Studies in Trade and Investment - AGRICULTURAL TRADE - PLANTING THE SEEDS OF REGIONAL LIBERALIZATION IN ASIA, volume 60, pages 75-130 United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    7. 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.
    8. Yose Rizal Damuri & Raymond Atje & Arya B. Gaduh, 2006. "Integration and Trade Specialization in East Asia," Trade Working Papers 21995, East Asian Bureau of Economic Research.
    9. Mia Mikic, 2007. "Trends in preferential trade liberalization in Asia and the Pacific," STUDIES IN TRADE AND INVESTMENT,in: Studies in Trade and Investment - AGRICULTURAL TRADE - PLANTING THE SEEDS OF REGIONAL LIBERALIZATION IN ASIA, volume 60, pages 1-32 United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    10. Richard Pomfret, 2007. "Is Regionalism an Increasing Feature of the World Economy?," The World Economy, Wiley Blackwell, vol. 30(6), pages 923-947, June.
    11. Jose Daniel Rodríguez-Delgado, 2007. "Safta; Living in a World of Regional Trade Agreements," IMF Working Papers 07/23, International Monetary Fund.
    12. Lee, Jong-Wha & Shin, Kwanho, 2006. "Does regionalism lead to more global trade integration in East Asia?," The North American Journal of Economics and Finance, Elsevier, vol. 17(3), pages 283-301, December.
    13. Masahiro Kawai & Ganeshan Wignaraja, 2009. "The Asian “Noodle Bowl†:Is It Serious for Business?," Working Papers id:1936, eSocialSciences.
    14. Innwon Park, 2009. "Regional Trade Agreements in East Asia: Will They Be Sustainable? ," Asian Economic Journal, East Asian Economic Association, vol. 23(2), pages 169-194, June.
    15. Institute for International Trade, 2006. "A Comparative Analysis of Trade Facilitation in Selected Regional and Bilateral Trade Agreement," Working Papers 1706, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    16. Hank Giokhay Lim & Kester TAY Yi-Xun, 2008. "Regional Integration and Inclusive Development: Lessons from ASEAN Experience," Working Papers 5908, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    17. repec:bla:apacel:v:30:y:2016:i:2:p:72-89 is not listed on IDEAS

    More about this item

    Keywords

    Asia and Pacific; Asia; Economic integration; International trade agreements; Trade; Pacific; FTA; Preferential Trade Agreement; rules of origin; regional trade; trade agreements; free trade; tariff reduction;

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