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The Emerging “Post-Doha” Agenda and the New Regionalism in the Asia-Pacific

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  • Michael G. Plummer

    (Asian Development Bank Institute)

Abstract

This paper considers emerging commercial policy challenges facing the Asia-Pacific region in light of the impasse reached at the Eighth World Trade Organization (WTO) Ministerial Meeting in December 2011. It underscores that, while marginal liberalization of trade barriers under the Doha Development Agenda may not be forthcoming in the short- or even medium-term, the WTO has been successful in erecting a rules-based system of global governance and continues to be extremely important to the future health of the international trading system. Nevertheless, one can expect the current trend toward bilateral and regional free-trade areas (FTAs) will continue, particularly since it is easier to make progress toward “deep integration” in a smaller group of like-minded countries than in the context of the general WTO membership.

Suggested Citation

  • Michael G. Plummer, 2012. "The Emerging “Post-Doha” Agenda and the New Regionalism in the Asia-Pacific," ADBI Working Papers 384, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0384
    as

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    References listed on IDEAS

    as
    1. World Bank, 2005. "Global Economic Prospects 2005 : Trade, Regionalism and Development," World Bank Publications - Books, The World Bank Group, number 14783, April.
    2. Peter A. Petri & Michael G. Plummer & Fan Zhai, 2012. "The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 6642.
    3. Gary Clyde Hufbauer & Jeffrey J. Schott, 2005. "NAFTA Revisited: Achievements and Challenges," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 332.
    4. Peter A. Petri & Michael Plummer, 2012. "The Trans-Pacific Partnership and Asia-Pacific Integration: Policy Implications," Policy Briefs PB12-16, Peterson Institute for International Economics.
    5. Michael G. Plummer, 2007. "‘Best Practices’ in Regional Trading Agreements: An Application to Asia," The World Economy, Wiley Blackwell, vol. 30(12), pages 1771-1796, December.
    6. Kose, M. Ayhan & Rebucci, Alessandro, 2005. "How might CAFTA change macroeconomic fluctuations in Central America?: Lessons from NAFTA," Journal of Asian Economics, Elsevier, vol. 16(1), pages 77-104, February.
    7. Kawai, Masahiro, 2005. "East Asian economic regionalism: progress and challenges," Journal of Asian Economics, Elsevier, vol. 16(1), pages 29-55, February.
    8. Mordechai E. Kreinin & Michael G. Plummer, 2002. "Economic Integration and Development," Books, Edward Elgar Publishing, number 2426, December.
    9. Gary Clyde Hufbauer & Jeffrey J. Schott, 2012. "Will the World Trade Organization Enjoy a Bright Future?," Policy Briefs PB12-11, Peterson Institute for International Economics.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    world trade organization; doha development agenda; post-doha agenda; new regionalism; asia-pacific;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

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    This paper has been announced in the following NEP Reports:

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