Regional Economic Integration and Dispute Settlement in East Asia
Regional Economic Integration and Dispute Settlement in East Asia

Author: Anna G Tevini

Publisher: Bloomsbury Publishing

Published: 2018-06-28

Total Pages: 587

ISBN-13: 1782254889

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The accession of the People's Republic of China to the World Trade Organization (WTO) in 2001 significantly transformed the global economy both de facto and de jure. At the regional level, China's WTO accession served as an important catalyst for the establishment of Regional Trade Agreements (RTAs) in East Asia. This was a novel development for the region, since East Asian States had previously followed a largely informal, market-driven approach to regional economic integration. By contrast, rules-based economic integration involving East Asian States was traditionally limited to multilateral integration under the GATT/WTO framework. This book systematically analyses and explains the development, nature and challenges of rules-based regional economic integration in East Asia with particular attention to the region's first four RTAs. While also addressing the socio-economic, historical and political factors influencing the development of RTAs in East Asia, the book focuses on the legal institutions governing economic integration in the Association of Southeast Asian Nations (ASEAN), as well as under the ASEAN–China Comprehensive Economic Co-Operation Agreement (ACFTA), the Japan–Singapore New Age Economic Partnership Agreement (JSEPA), and the Mainland China–Hong Kong Closer Economic Partnership Arrangement (CEPA). The book provides a systematic, comparative account of the scope, depth and (hard law versus soft law) quality of rules-based economic integration achieved under these four RTAs in the areas of trade in goods and services, investment liberalisation and protection, labour mobility, and dispute settlement.

The United States Singapore Free Trade Agreement
The United States Singapore Free Trade Agreement

Author: Tommy Thong Bee Koh

Publisher: World Scientific

Published: 2004

Total Pages: 314

ISBN-13: 981256716X

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On 1 January 2004, the USOCoSingapore Free Trade Agreement (USSFTA)came into force. The USSFTA was the result of a two-year negotiationprocess which started towards the end of the Clinton Administrationand concluded under the Bush Administration. How did the negotiationprocess straddle the two administrations? What is the rationale forthe FTA? What were the unique features of the negotiating process? Wasnegotiating with the US different from negotiating with othercountries? How will the FTA benefit the two countries? What is theimpact on ASEAN, APEC and the WTO? This book captures some of the personal insights thrown up in thenegotiations and offers highlights and analysis of theUSSFTA. Contributors to the volume include the Chief Negotiators ofthe two delegations, the US and Singapore Ambassadors, key negotiatorsand close observers of the process. Selected key documents pertainingto the USSFTA process have also been included. This book is acomprehensive reader on the story behind the negotiations of theUSSFTA."

Regionalism, Trade and Economic Development in the Asia-Pacific Region
Regionalism, Trade and Economic Development in the Asia-Pacific Region

Author: Muhammed Abu B. Siddique

Publisher: Edward Elgar Publishing

Published: 2007-01-01

Total Pages: 255

ISBN-13: 1847204406

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The editor of this book is to be congratulated for providing us with the works of a group of authors who combine proficient technical skills with elegant and lucid writing capabilities. . . This book would make excellent recommended reading for both undergraduate and graduate classes in international trade and finance. Herb Thompson, Journal of Contemporary Asia This book is based on the premise that Regional Trade Agreements (RTAs) in the Asia-Pacific significantly impact on the material progress of the peoples of this region. These impacts in terms of the benefits and costs associated with RTAs will vary greatly from country to country. The internationally acclaimed contributors examine the theoretical perspective of RTAs in relation to exchange rates, the role and goals of the WTO and agriculture. The tensions and trade frictions resulting from the formation of trade blocs and their conflicts with the roles and goals of the WTO are also examined in the book. Those economies that are considered the economic powerhouses of the region including China, Japan, South Korea, major ASEAN countries and Australia are discussed in depth. The findings of the book suggest that RTAs are becoming increasingly popular in the Asia-Pacific region. However the associated costs and benefits depend on a number of complex factors including exchange rates, negotiation skills, the sectors included or excluded from the RTA, and the level of economic development of the nations signing the RTAs. The book will be particularly useful to academics, researchers, consultants, students, policy makers (including trade negotiators), and practitioners involved in trade and development in the Asia-Pacific region.

Bilateral Trade Agreements in the Asia-Pacific
Bilateral Trade Agreements in the Asia-Pacific

Author: Vinod Aggarwal

Publisher: Routledge

Published: 2013-06-17

Total Pages: 332

ISBN-13: 1136633456

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The Asia-Pacific region has witnessed a rapid rise in bilateral preferential trade agreements at the beginning of the twenty-first century. This trend could have potentially dramatic effects on the trading patterns of countries in the transpacific region and beyond. Some argue that these accords will spur multilateral negotiations, while others believe that they will irreparably damage the trading system. Bilateral Trade Agreements in the Asia-Pacific examines the underlying political and economic factors driving these accords, based on a novel theoretical framework. Experts then provide overviews of political and economic trends in the region as well as detailed analysis of the trade strategies of Japan, China, Singapore, South Korea, Malaysia, Taiwan, Thailand, the United States and Mexico. By systematically evaluating and assessing the driving forces underlying the turn to bilateral trade agreements in the Asia-Pacific, this book provides the first comprehensive analysis of this crucial phenomenon. Growing numbers of countries both in the region and elsewhere in the world are now considering further negotiation of bilateral trade accords. Understanding how these arrangements will fit or conflict with existing institutions in the Asia-Pacific and the WTO makes this book imperative reading for policy-makers and scholars.

The U.S.-Singapore Free Trade Agreement
The U.S.-Singapore Free Trade Agreement

Author: Eul-Soo Pang

Publisher: Institute of Southeast Asian Studies

Published: 2011

Total Pages: 328

ISBN-13: 9814311995

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Free trade has become the mantra of development strategy for many countries in the world, especially those in the Asia Pacific. This book delves into the American side of the story. It is about how Singapore and the United States came to sign the agreement in 2003 (taking effect from 1 January 2004). The United States - Singapore Free Trade Agreement (USSFTA) is the first FTA that America signed with an Asian country and the second such agreement with a fully developed country, after Canada. The city-state has used a free trade agreement as both a national survival and a growth strategy, first forging such FTA ties with its major trading partners and then expanding its strategic link to such extra-regional great powers as the United States, Japan, Australia, China, India, and the European Union. Both Singapore and the United States saw in FTAs something more than just merchandise trade.