The surge of Preferential Trade Agreements acrossin Asia: What is at stake?
Economists along with policy makers are generally viewing trade agreements as a “second best” process for trade expansion and economic growth on a global scale. The current surge of preferential trade arrangements on a bilateral basis, particularly in Asia, is somehow challenging such common view. T...
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| Format: | Article |
| Language: | English |
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Emerald Publishing
2005-11-01
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| Series: | Journal of International Logistics and Trade |
| Online Access: | https://www.emerald.com/insight/content/doi/10.24006/jilt.2005.3.2.045/full/pdf |
| Summary: | Economists along with policy makers are generally viewing trade agreements as a “second best” process for trade expansion and economic growth on a global scale. The current surge of preferential trade arrangements on a bilateral basis, particularly in Asia, is somehow challenging such common view. The following paper is based on updated rough facts and put forward that the standard economic approach is a bit flawed. Obviously, the outcomes and prospects for Asian countries seem much more problematic insofar as power asymmetry and discrimination are embedded in these agreements. |
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| ISSN: | 1738-2122 2508-7592 |