Regional Trade Integration and WTO Accession PDF Download

Author: Ms.Patrizia Tumbarello
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451861136
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This paper analyzes the appropriate sequencing between accession to the World Trade Organization (WTO) and the implementation of the Eurasian Economic Community (EAEC) customs union and whether the latter facilitates or delays WTO accession for some member countries of the Commonwealth of Independent States (CIS). If EAEC members pursue a coordinated approach toward WTO accession, this may cause delays that benefit some countries at the expense of others. The paper simulates the welfare effects resulting from the two sequencing alternatives (customs union and WTO or the reverse). The results show that, from a consumer surplus standpoint, it would be preferable to join the WTO ahead of the EAEC customs union. This paper does not attempt to assess the welfare implications of joining the EAEC as a political and economic entity, but only the welfare implications resulting from the implementation of the EAEC customs union.

Author: Patrizia Tumbarello
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Author: United Nations Conference on Trade and Development
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 164

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Book Description
The publication contains an explanation of Most Favored Nation (MFN) treatment and some of the key issues that arise in its negotiation, particularly the scope and application of MFN treatment to the liberalization and protection of foreign investors in recent treaty practice. The paper provides policy options as regards the traditional application of MFN treatment and identifies reactions by States to the unexpected broad use of MFN treatment, and provides several drafting options, such as specifying or narrowing down the scope of application of MFN treatment to certain types of activities, clarifying the nature of "treatment" under the IIA, clarifying the comparison that an arbitral tribunal needs to undertake as well as a qualification of the comparison "in like circumstances" or excluding its use in investor-State cases.

Author: Simon Tai
Publisher:
ISBN:
Category :
Languages : en
Pages : 14

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Book Description
This study debates the roles of trade liberalization and regional economic cooperation for the sustainable economic growth of the Central Asian countries. An economic research paradigm was used to obtain a macro view from the perspectives of Kazakhstan and neighboring countries. In general, factors that enhance regional trade development and regional economic integration include improving business environment, increasing trade policy coordination, accelerating trade liberalization, and increasing economic cooperation. Selected policies and practical implications are identified, which facilitate enhancing free trade agreements and regional economic cooperation, coordinating WTO accession, and creating a systematic monitoring organization.

Author: Rohini Acharya
Publisher: Cambridge University Press
ISBN: 1107161649
Category : Business & Economics
Languages : en
Pages : 753

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Book Description
This book explores bilateral and regional trade agreements, and examines how they are changing international trade rules. It offers an important contribution to the current debate on the role of the WTO in regulating international trade and how WTO rules relate to new rules being developed by regional trade agreements.

Author: Kathie Krumm
Publisher: World Bank Publications
ISBN: 0821383450
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
Emerging East Asian economies have seen their share of world exports more than triple during the past quarter-century, and intraregional trade has driven this growth. Broad measures of development in East Asia have improved at the same headlong pace. Why push further integration now? Two economic events of historic proportions provide the context: strategic thinking of development in the region following the East Asian financial crisis of 1997-98 and the accession of China to the World Trade Organization. Policymakers interested in a stable, prosperous region are concerned by mildly rising inequality within countries and a widening gap between richer economies and the poorest economies. Increasingly, the development agenda in the region with its focus on growth, jobs, and social stability and the trade policy agenda with its focus on market access and competitiveness have become intertwined. East Asian policymakers seek to develop a coherent set of economic policies that can deliver stability, growth, and regional integration. Without attempting to be comprehensive, 'East Asia Integrates' offers fundamental strategies that promote cross-border flows of trade, along with domestic policies on logistics, trade facilitation, standards and institutions to maximize the impact of these flows on development and distribute the gains from trade widely. As the authors demonstrate, multilateral and regional trade initiatives must provide a compelling vision of how integration can deliver broadly shared growth and prosperity if they are to succeed. In addition, they must use the momentum offered by trade agreements to address the links between trade on the one hand, and social stability, poverty reduction, and growth on the other.

Author: Chunlai Chen
Publisher: Edward Elgar Publishing
ISBN: 1848449097
Category : Political Science
Languages : en
Pages : 239

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Book Description
This comprehensive collection provides a remarkable wealth of information and a timely assessment of China's economic development and integration with the global economy after WTO accession. Chunlai Chen brings together a distinguished group of scholars who employ economic theories, econometric modelling techniques and the latest statistics to analyze many important issues. These hotly debated topics include China's economic growth, international trade, regional trade arrangements, foreign direct investment, banking sector liberalization, exchange rate reform, agricultural trade and energy demand. Aimed at an international audience, this highly focused book will be of great benefit to academics and postgraduate students involved in Chinese economy and business studies, as well as researchers in international trade and foreign investment.--Publisher.

Author: Mark S. LeClair
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 136

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Book Description
Recent trade initiatives suggest that there is renewed interest in forming tariff-free regional trading zones. Running concurrent with this move toward regional integration is the multilateral process of global trade liberalization. This text looks at the two issues. Chapter one examines the inherent conflict between the two main approaches to reducing barriers to trade - economic integration, and multilateralism. Chapter two provides a theoretical framework for evaluating the relative accomplishments of both regional trading blocs and multilateral free trade. Chapter three utilizes a number of theoretical constructs to evaluate the effects of regional trading arrangements, and discusses the trade history of the European Union. Chapter four provides an analysis of the trade effects of tariff reductions achieved under the GATT system, and chapter five provides recommendations for ensuring continued progress in multilateral tariff reductions under the banner of the World Trade Organization.

Author: World Trade Organization. China Round Table
Publisher: Cambridge University Press
ISBN: 1107174473
Category : Business & Economics
Languages : en
Pages : 511

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Book Description
Twenty-first-century Africa is in a process of dynamic economic transformation. However, challenges remain in areas such as structural reform, governance, market turbulence, commodity pricing, and geopolitics. There is a critical need for African economies to assess growth models and strategies to foster increased, sustained, and inclusive growth. The book contributes to contemporary debate on key questions facing the continent, such as: How can Africa achieve deeper integration into the rules-based multilateral trading system and the global economy? What approaches and next steps are possible, according to economic and trade policymakers? What supportive roles can multilateral and regional institutions play? This volume is a product of the Fourth China Round Table, which took place during the WTO's Tenth Ministerial Conference, held in Kenya in December 2015. Supported by independent expert analyses, the book proposes a range of African perspectives on the role of trade, the WTO, and its future agenda.

Author: Thilo Rensmann
Publisher: Springer
ISBN: 3319566636
Category : Law
Languages : en
Pages : 376

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Book Description
This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law.