THE EFFECT OF PREFERENTIAL TRADE AREAS (PTAs) IN THE PERSPECTIVE OF REGIONALISM: THE CASE OF ASEAN

The issue of regionalism particularly in the matter of preferential trade area is not an old fashion debate, but it becomes a prominent feature and a popular tool for global trading system. However, it does not mean that the regionalism might always bring benefit for any actor especially in terms of...

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Main Author: Abdurrahman Al-Faqiih
Format: Article
Language:English
Published: Universitas Darussalam Gontor 2016-03-01
Series:Dauliyah
Subjects:
Online Access:http://ejournal.unida.gontor.ac.id/index.php/dauliyah/article/view/340
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author Abdurrahman Al-Faqiih
author_facet Abdurrahman Al-Faqiih
author_sort Abdurrahman Al-Faqiih
collection DOAJ
description The issue of regionalism particularly in the matter of preferential trade area is not an old fashion debate, but it becomes a prominent feature and a popular tool for global trading system. However, it does not mean that the regionalism might always bring benefit for any actor especially in terms of every national interest in the region. This paper would elaborate the effect of preferential trade area (PTAs) establishment on the economic interest of ASEAN countries member. Through literature study, this paper concludes that the PTAs produce many positive benefits for the ASEAN countries member. The flexibility of partnerships and coverage selection under PTAs has helped ASEAN solve the crisis and increase efficiency as well as stimulate the main goal of global fair trade by expanding economic linkages. Thus, it could be said that PTAs enhance the multilateralism under the WTO system
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spelling doaj.art-f4f11e0a982942888caaf679e9d283022022-12-22T02:39:39ZengUniversitas Darussalam GontorDauliyah2477-54602528-51062016-03-0110110.21111/dauliyah.v1i01.340314THE EFFECT OF PREFERENTIAL TRADE AREAS (PTAs) IN THE PERSPECTIVE OF REGIONALISM: THE CASE OF ASEANAbdurrahman Al-Faqiih0Universitas Islam IndonesiaThe issue of regionalism particularly in the matter of preferential trade area is not an old fashion debate, but it becomes a prominent feature and a popular tool for global trading system. However, it does not mean that the regionalism might always bring benefit for any actor especially in terms of every national interest in the region. This paper would elaborate the effect of preferential trade area (PTAs) establishment on the economic interest of ASEAN countries member. Through literature study, this paper concludes that the PTAs produce many positive benefits for the ASEAN countries member. The flexibility of partnerships and coverage selection under PTAs has helped ASEAN solve the crisis and increase efficiency as well as stimulate the main goal of global fair trade by expanding economic linkages. Thus, it could be said that PTAs enhance the multilateralism under the WTO systemhttp://ejournal.unida.gontor.ac.id/index.php/dauliyah/article/view/340RegionalismPTA'sASEAN
spellingShingle Abdurrahman Al-Faqiih
THE EFFECT OF PREFERENTIAL TRADE AREAS (PTAs) IN THE PERSPECTIVE OF REGIONALISM: THE CASE OF ASEAN
Dauliyah
Regionalism
PTA's
ASEAN
title THE EFFECT OF PREFERENTIAL TRADE AREAS (PTAs) IN THE PERSPECTIVE OF REGIONALISM: THE CASE OF ASEAN
title_full THE EFFECT OF PREFERENTIAL TRADE AREAS (PTAs) IN THE PERSPECTIVE OF REGIONALISM: THE CASE OF ASEAN
title_fullStr THE EFFECT OF PREFERENTIAL TRADE AREAS (PTAs) IN THE PERSPECTIVE OF REGIONALISM: THE CASE OF ASEAN
title_full_unstemmed THE EFFECT OF PREFERENTIAL TRADE AREAS (PTAs) IN THE PERSPECTIVE OF REGIONALISM: THE CASE OF ASEAN
title_short THE EFFECT OF PREFERENTIAL TRADE AREAS (PTAs) IN THE PERSPECTIVE OF REGIONALISM: THE CASE OF ASEAN
title_sort effect of preferential trade areas ptas in the perspective of regionalism the case of asean
topic Regionalism
PTA's
ASEAN
url http://ejournal.unida.gontor.ac.id/index.php/dauliyah/article/view/340
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