Sustaining reform with a US-Pakistan Free Trade Agreement

Bibliographic Information

Sustaining reform with a US-Pakistan Free Trade Agreement

Gary Clyde Hufbauer and Shahid Javed Burki

(Policy analyses in international economics, 80)

Peterson Institute for International Economics, 2006

Available at  / 13 libraries

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Note

Includes bibliographical references (p. 281-288) and index

Description and Table of Contents

Description

The United States and Pakistan established diplomatic relations in 1947, shortly after Pakistan gained its independence. Since then, relations have alternated between episodes of close partnership and sharp friction-reflecting the ups and downs of global and regional geopolitics. The tides of foreign policy have correspondingly affected trade and investment. Post-September 11th diplomacy has now created a strong relationship between Pakistan and the United States. Would a free trade agreement between these two counties benefit them? What type of economic benefits could be expected? This new book looks at this question and many others and concludes that a free trade agreement between the United States and Pakistan would benefit both countries.

Table of Contents

  • I. INTRODUCTION
  • 1. Diplomatic Ups and Downs
  • 2. The FTA Case
  • 3. Pakistan's Place in the Queue
  • 4. Plan of the Report
  • II. AGRICULTURAL MARKET ACCESS AND LINKED ISSUES
  • 1. Pakistan's Agricultural Sector and Bilateral Trade
  • 2. Tariffs, Tariff-Rate Quotas, and Other Barriers
  • 3. Sanitary and Phyto-Sanitary Measures and Related Technical Issues
  • 4. Recommendations
  • III. TEXTILES AND CLOTHING
  • 1. T&C Production and Bilateral Trade
  • 2. Bilateral Barriers to T&C Trade
  • 3. Textiles and Clothing in Previous Bilateral FTAs
  • 4. Recommendations
  • IV. OTHER MANUFACTURES
  • 1. Manufacturing Production and Bilateral Trade
  • 2. Tariffs and Other Barriers
  • 3. Recommendations
  • V. LABOR AND ENVIRONMENTAL ISSUES IN PAKISTAN
  • 1. Labor Standards in Pakistan
  • 2. Environmental Standards in Pakistan
  • 3. Labor and Environment in US FTAs
  • 4. Recommendations for Labor Provisions in a US-Pakistan FTA
  • 5. Recommendations for Environmental Provisions in a US-Pakistan FTA
  • VI. GOVERNMENT PROCUREMENT
  • 1. Government Procurement: The United States
  • 2. Government Procurement: Pakistan
  • 3. Recommendations
  • VII. INVESTMENT AND SERVICES
  • 1. FDI Overview and Main Characteristics
  • 2. FDI Friction
  • 3. International Investment Agreements
  • 4. Portfolio Investment
  • 5. Services
  • 6. Recommendations for Investment and Services
  • VIII. ESTIMATES FROM GRAVITY AND CGE MODELS
  • 1. Gravity Model: Construction and Results
  • 2. CGE Model: Construction and Results
  • 3. Summing Up
  • IX. CONCLUSION.

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