Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAs
Inter-regional free trade agreements (FTAs) - notably between Asia and Latin America - are growing in numbers and complexity. There is an absence of an agreed methodology for empirical assessments on the content of FTAs and little research. This paper proposes a framework to assess liberalization in...
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Format: | Article |
Language: | English |
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Korea Institute for International Economic Policy
2013-12-01
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Series: | East Asian Economic Review |
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Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.2013.17.4.271 |
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author | Ganeshan Wignaraja Dorothea Ramizo Luca Burmeister |
author_facet | Ganeshan Wignaraja Dorothea Ramizo Luca Burmeister |
author_sort | Ganeshan Wignaraja |
collection | DOAJ |
description | Inter-regional free trade agreements (FTAs) - notably between Asia and Latin America - are growing in numbers and complexity. There is an absence of an agreed methodology for empirical assessments on the content of FTAs and little research. This paper proposes a framework to assess liberalization in FTAs in goods and services and new trade policy issues relating to regulatory barriers. Next, it applies this framework to studying the 22 Asia-Latin America FTAs in existence. The findings suggest that Asia-Latin American FTAs have laid the foundations for inter-regional integration by liberalizing the trade in goods and services and reducing some regulatory barriers. Deepening FTAs and adopting structural reforms will enhance Asia-Latin American integration in the future. |
first_indexed | 2024-12-10T13:25:16Z |
format | Article |
id | doaj.art-2c6fd22b3a024f0487e95b7684652935 |
institution | Directory Open Access Journal |
issn | 2508-1640 2508-1667 |
language | English |
last_indexed | 2024-12-10T13:25:16Z |
publishDate | 2013-12-01 |
publisher | Korea Institute for International Economic Policy |
record_format | Article |
series | East Asian Economic Review |
spelling | doaj.art-2c6fd22b3a024f0487e95b76846529352022-12-22T01:47:10ZengKorea Institute for International Economic PolicyEast Asian Economic Review2508-16402508-16672013-12-01174385415http://dx.doi.org/10.11644/KIEP.JEAI.2013.17.4.271Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAsGaneshan Wignaraja 0Dorothea Ramizo 1Luca Burmeister 2Asian Development Bank InstituteAsian Development BankAsian Development BankInter-regional free trade agreements (FTAs) - notably between Asia and Latin America - are growing in numbers and complexity. There is an absence of an agreed methodology for empirical assessments on the content of FTAs and little research. This paper proposes a framework to assess liberalization in FTAs in goods and services and new trade policy issues relating to regulatory barriers. Next, it applies this framework to studying the 22 Asia-Latin America FTAs in existence. The findings suggest that Asia-Latin American FTAs have laid the foundations for inter-regional integration by liberalizing the trade in goods and services and reducing some regulatory barriers. Deepening FTAs and adopting structural reforms will enhance Asia-Latin American integration in the future.http://dx.doi.org/10.11644/KIEP.JEAI.2013.17.4.271Regional Economic IntegrationFree Trade AgreementsDeep IntegrationSingapore IssuesRegulatory BarriersAsia-Latin AmericaFree Trade Agreements |
spellingShingle | Ganeshan Wignaraja Dorothea Ramizo Luca Burmeister Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAs East Asian Economic Review Regional Economic Integration Free Trade Agreements Deep Integration Singapore Issues Regulatory Barriers Asia-Latin America Free Trade Agreements |
title | Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAs |
title_full | Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAs |
title_fullStr | Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAs |
title_full_unstemmed | Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAs |
title_short | Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAs |
title_sort | assessing liberalization and deep integration in ftas a study of asia latin american ftas |
topic | Regional Economic Integration Free Trade Agreements Deep Integration Singapore Issues Regulatory Barriers Asia-Latin America Free Trade Agreements |
url | http://dx.doi.org/10.11644/KIEP.JEAI.2013.17.4.271 |
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