Regionalism versus multilateral trade arrangements
Author(s)
Bibliographic Information
Regionalism versus multilateral trade arrangements
(NBER-East Asia seminar on economics, v. 6)
University of Chicago Press, 1997
Available at 63 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Sponsored by the National Bureau of Economic Research and other organizations
Edited versions of papers presented at the NBER-East Asia Seminar on Economics 6th annual conference, held in Seoul, Korea, June 15-17, 1995
Includes bibliographical references and indexes
Description and Table of Contents
Description
The open multilateral trading system after World War II is regarded as a key ingredient in the rapid economic development of the entire world. Especially in Hong Kong, Korea, Singapore, and Taiwan, exports increased dramatically, both in absolute terms and as a percentage of GNP. In the 1980s, however, preferential trading arrangements (PTAs) began to emerge as significant factors affecting world trade. This volume contains 13 papers which analyze the tensions between multilateral trading systems and preferential trade arrangements, and the impact of these tensions on East Asia. The first four chapters introduce PTAs conceptually and focus on the unique political issues that these agreements involve. The next five essays present more direct empirical analyses of existing PTAs and their economic effects, primarily in East Asia. The last four papers concentrate on the outcomes of individual East Asian nations' trading policies in specific instances of preferential agreements.
Table of Contents
Acknowledgments Introduction Takatoshi Ito, Anne O. Krueger. 1: Problems with Overlapping Free Trade Areas Anne O. Krueger 2: The Political Economy of Mexico's Entry into NAFTA Aaron Tornell, Gerardo Esquivel. Comment: Wontack Hong 3: Social Policy Dimensions of Economic Integration: Environmental and Labor Standards Kym Anderson Comment: Menzie D. Chinn Comment: Chong-Hyun Nam 4: EU, NAFTA, and Asian Responses: A Perspective from the Calculus of Participation Junichi Goto, Koichi Hamada. Comment: Tamim Bayoumi Comment: Wontack Hong 5: Open versus Closed Trade Blocs Shang-Jin Wei, Jeffrey A. Frankel. Comment: Taeho Bark 6: Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA Tamim Bayoumi, Barry Eichengreen. Comment: Francis T. Lui Comment: Chong-Hyun Nam 7: Asia Pacific Capital Markets: Integration and Implications for Economic Activity Menzie D. Chinn, Michael Dooley. Comment: Koichi Hamada Comment: Aaron Tornell 8: Recent Developments of APEC: Issues and Prospects of the Osaka Agenda Ippei Yamazawa Comment: Chia Siow Yue 9: A Perspective on the Effects of NAFTA on Korea Honggue Lee Comment: Tain-Jy Chen 10: Regionalism and Subregionalism in ASEAN: The Free Trade Area and Growth Triangle Models Chia Siow Yue Comment: Mario B. Lamberte, Menzie D. Chinn, Michael Dooley. Comment: Koichi Hamada Comment: Aaron Tornell 8: Recent Developments of APEC: Issues and Prospects of the Osaka Agenda Ippei Yamazawa Comment: Chia Siow Yue 9: A Perspective on the Effects of NAFTA on Korea Honggue Lee Comment: Tain-Jy Chen 10: Regionalism and Subregionalism in ASEAN: The Free Trade Area and Growth Triangle Models Chia Siow Yue Comment: Mario B. Lambert, Yujiro Hayami, Yoshihisa Godo. Comment: Ammar Siamwalla Comment: Kym Anderson Contributors Name Index Subject Index
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