Fta Economic Effects Of Chinas Ftas And Implications For Chinas Trade Policy

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중국 FTA 체결의 경제적 효과와 시사점 (Economic Effects of China's FTAs and Implications for China's Trade Policy).

Author : Chang Kyu Lee
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis 중국 FTA 체결의 경제적 효과와 시사점 (Economic Effects of China's FTAs and Implications for China's Trade Policy). by : Chang Kyu Lee

Download or read book 중국 FTA 체결의 경제적 효과와 시사점 (Economic Effects of China's FTAs and Implications for China's Trade Policy). written by Chang Kyu Lee and published by . This book was released on 2017 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: English Abstract: This paper estimates the economic effects of China's FTAs with ASEAN, Chile, Pakistan, ANZ, GCC, Hong Kong, Korea, and Korea and Japan, and compares liberalization gains from each. This paper is differentiated from other studies in that the errors in measurement arising from changes in databases resulting from China's WTO accession are controlled. The major findings and implications of this paper are as follows. First, CGE analyses ignoring the impacts of China's accession to the WTO overestimate China's economic benefits (China-ASEAN: 61%; China-Hong Kong: 112%; China-Korea: 42%; China-Japan-Korea: 25%). Second, CGE analyses ignoring the impacts of China's accession to the WTO overestimate economic benefits for partner countries (China-ASEAN: 59%; China-Hong Kong: 119%), whereas they are underestimated in the case of the China-Korea FTA (42%) and the China-Japan-Korea FTA (25%). The reason for underestimation can be explained by the production network based on vertical division of labor of production processes (fragmentation) in the East Asia. Third, the impacts of China's WTO accession on the Chinese economy are far greater than those of China's FTAs with considering countries. Fourth, the gains created from China's FTA policies are very small or almost negligible. Combining the third and fourth implications, it can be said that China continues to enjoy economic gains from free trade governed by multilateral liberalization of institutions and market forces. This also implies that China is likely to use FTA policy as a strategic tool to thwart possible changes in international order away from the present free-trade and multilateral system, which prevent China from sustainable realization of economic gains from trade.

China’s Trade Policy in Latin America

Author : Dorotea López
Publisher : Springer Nature
ISBN 13 : 3030986640
Total Pages : 216 pages
Book Rating : 4.0/5 (39 download)

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Book Synopsis China’s Trade Policy in Latin America by : Dorotea López

Download or read book China’s Trade Policy in Latin America written by Dorotea López and published by Springer Nature. This book was released on 2022-06-30 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines China's trade insertion strategy in Latin America. Divided into five parts, the book features scholars from China, Chile, Costa Rica, Peru, and Mexico who present the main actors and dynamics around China's trade policy in the region in twelve carefully selected contributions, with qualitative and quantitative case studies. Highlighting China's important trade presence in Latin America after joining the World Trade Organization (WTO), the book analyzes the effects of free trade agreements China signed with three countries in the region - Chile (2005), Peru (2010), and Costa Rica (2011) - as well as specific preferential agreements with other countries from Latin America. While the first part of this book reviews China and Latin America trade policies, the second part explores China's view of Latin America. In a third part of the book, the contributions provide a deeper look into the trade relations between China and the countries of Peru, Costa Rica, Mexico, and the United States. The fourth part of the volume focuses on the emerging trade agenda between the two regions. Finally, the fifth part of the book discusses the trade challenges between China and Latin American and Caribbean countries. The book will appeal to scholars of international relations, economics, and political science, as well as policy-makers interested in a Chinese and Latin American perspective on trade policy in general, and on China's trade policy in the region in particular.

China's Trade Ambitions

Author : Senior Policy Analy Nargiza Salidjanova
Publisher : CreateSpace
ISBN 13 : 9781514397381
Total Pages : 44 pages
Book Rating : 4.3/5 (973 download)

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Book Synopsis China's Trade Ambitions by : Senior Policy Analy Nargiza Salidjanova

Download or read book China's Trade Ambitions written by Senior Policy Analy Nargiza Salidjanova and published by CreateSpace. This book was released on 2015-06-18 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes China's preferential trade strategy and rationale. It finds that China has signed trade agreements primarily with countries that are neither significant in the global economy nor vital to China's export sector. Indeed, several partners enjoy bilateral trade surpluses with China, and have comparative advantages in industries that China may want to protect from outside competition. The way in which China negotiates trade deals is also confounding. Unlike the United States, China appears to lack a modus operandi, so that the scope, strength, and details of its agreements vary widely. Some appear exceedingly generous to the trade partner, while others aggressively promote and protect domestic industries. With respect to services, investment, and other advanced provisions, China tends to fall well short of U.S. standards; yet it also demonstrates greater ambition and flexibility than developing country peers like India and Brazil.

Bridging The Pacific

Author : C. Fred Bergsten
Publisher : Peterson Institute for International Economics
ISBN 13 : 0881326925
Total Pages : 449 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Bridging The Pacific by : C. Fred Bergsten

Download or read book Bridging The Pacific written by C. Fred Bergsten and published by Peterson Institute for International Economics. This book was released on 2014-10-28 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The terrain of the world trading system is shifting as countries in Asia, Europe, and North America negotiate new trade agreements. However, none of these talks include both China and the United States, the two biggest economies in the world. In this pathbreaking study, C. Fred Bergsten, Gary Clyde Hufbauer, and Sean Miner argue that China and the United States would benefit substantially from a bilateral free trade and investment accord. In the process, they contend, each country would also achieve progress in addressing its internal economic challenges, such as the low saving rate in the United States. Achieving greater trade and investment integration could be accomplished with one comprehensive effort or through step-by-step negotiations over key issues. The authors call on the United States to seek liberalization of China's services sector as vital to securing an agreement, and they explain that such contentious matters as cyber espionage and currency manipulation be handled through parallel negotiations rather than in the agreement itself. This is an important study of the benefits and difficulties of a complex matter that could yield dividends to the two economies and help stabilize the security and well-being of the rest of the world.

Methodology for Impact Assessment of Free Trade Agreements

Author : Michael G. Plummer
Publisher : Asian Development Bank
ISBN 13 : 9290921978
Total Pages : 194 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis Methodology for Impact Assessment of Free Trade Agreements by : Michael G. Plummer

Download or read book Methodology for Impact Assessment of Free Trade Agreements written by Michael G. Plummer and published by Asian Development Bank. This book was released on 2011-02-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.

Tomorrow's Silk Road

Author : Jacques Pelkmans
Publisher : Rowman & Littlefield
ISBN 13 : 1786607883
Total Pages : 344 pages
Book Rating : 4.7/5 (866 download)

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Book Synopsis Tomorrow's Silk Road by : Jacques Pelkmans

Download or read book Tomorrow's Silk Road written by Jacques Pelkmans and published by Rowman & Littlefield. This book was released on 2018-06-19 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This CEPS book comprises a first-ever economic and regulatory analysis of a possible Free Trade Area (FTA) between China and the EU, whose design is supposed to be 'deep and comprehensive'. It provides an overview of the global economic environment in which EU-Chinese economic relations have developed in recent years, including global value chains linking the two economies. The substance of the FTA design is then elaborated in nine, largely empirical and technical chapters ranging from tariff analysis (at the 6- and 8-digit level) and technical barriers to trade, to services, government procurement and investment. A third part comprises a CGE-model-based empirical simulation of the economic effects on GDP per member state (and on China), bilateral trade in goods and services, wages for workers with three distinct skill-levels and a series of goods and services sectors. The year-long study was led by Jacques Pelkmans of CEPS, and the research was carried out by a team of trade specialists at CEPS in partnership with another team of researchers led by Prof. Joseph Francois of the World Trade Institute (WTI) in Bern.

China's Emerging Regional Trade Policy

Author : Longyue Zhao
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (16 download)

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Book Synopsis China's Emerging Regional Trade Policy by : Longyue Zhao

Download or read book China's Emerging Regional Trade Policy written by Longyue Zhao and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Prospects for a US-Taiwan Free Trade Agreement

Author : Nicholas R. Lardy
Publisher : Peterson Institute for International Economics
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Prospects for a US-Taiwan Free Trade Agreement by : Nicholas R. Lardy

Download or read book Prospects for a US-Taiwan Free Trade Agreement written by Nicholas R. Lardy and published by Peterson Institute for International Economics. This book was released on 2004 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taiwan has a special status for the United States, as both a leading high-technology economic partner and a place of political and security concern. The authors look at both the quantitative and qualitative evidence on the potential effects of a US-Taiwan free trade agreement (FTA), both for maximizing US economic benefits and for securing a prosperous and secure future for Taiwan. Their analysis indicates that the direct economic benefits of a prospective FTA would be modest and that the FTA could be most valuable to the United States if it leads Taiwan toward greater regional integration.

Free Trade Agreements In The Asia Pacific

Author : Christopher Findlay
Publisher : World Scientific
ISBN 13 : 9814468223
Total Pages : 332 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Free Trade Agreements In The Asia Pacific by : Christopher Findlay

Download or read book Free Trade Agreements In The Asia Pacific written by Christopher Findlay and published by World Scientific. This book was released on 2009-12-21 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Free Trade Agreements (FTAs) have proliferated in East Asia as regional economies rush to catch up with the rest of the world — but what difference do they make? This book answers that question by providing an up-to-date assessment of the quality and impact of FTAs in the region. Featuring a collection of papers originally written for the prestigious Research Institute for Economy, Trade and Industry (RIETI) in Tokyo, it presents contemporary analysis and insights into the evolution of recent FTAs. The book is suitable for use by trade policy negotiators, policy analysts, and people developing business strategies in organizations, as well as graduate students and researchers in the field.

Regionalism versus Multilateral Trade Arrangements

Author : Takatoshi Ito
Publisher : University of Chicago Press
ISBN 13 : 9780226386720
Total Pages : 430 pages
Book Rating : 4.3/5 (867 download)

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Book Synopsis Regionalism versus Multilateral Trade Arrangements by : Takatoshi Ito

Download or read book Regionalism versus Multilateral Trade Arrangements written by Takatoshi Ito and published by University of Chicago Press. This book was released on 1997-10-15 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no doubt that the open multilateral trading system after World War II was 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 thirteen papers that 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.

The Effect and Strategy of China's Trade Liberalization

Author : Kunwang Li
Publisher :
ISBN 13 :
Total Pages : 78 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Effect and Strategy of China's Trade Liberalization by : Kunwang Li

Download or read book The Effect and Strategy of China's Trade Liberalization written by Kunwang Li and published by . This book was released on 1997 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Implications of China-Taiwan Economic Liberalization

Author : Daniel H. Rosen
Publisher : Peterson Institute
ISBN 13 : 0881325015
Total Pages : 217 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis The Implications of China-Taiwan Economic Liberalization by : Daniel H. Rosen

Download or read book The Implications of China-Taiwan Economic Liberalization written by Daniel H. Rosen and published by Peterson Institute. This book was released on 2011 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: China and Taiwan have built one of the most intertwined and important economic relationships in the world, and yet that relationship is not mutually open, compliant with World Trade Organization norms, or even fully institutionalized. What's more, despite massive trade and investment flows, the boundary between the two is a serious flashpoint for potential conflict. But leaders in Beijing and Taipei have committed to normalize and deepen their economic intercourse and open a new post-Cold War era in their relationship. While the political significance of this gambit has captured attention worldwide, the scope of opening intended and the bilateral, regional, and global effects likely to ensue are as yet poorly understood. This volume attempts to remedy that uncertainty with careful modeling combined with a qualitative assessment of the implications of the cross-strait economic opening now agreed in an Economic Cooperation Framework Agreement (ECFA). The study explores the implications for Taiwan and China, for their neighbors, and for the United States if this undertaking is fully implemented by 2020.

OECD Trade Policy Studies Overcoming Border Bottlenecks The Costs and Benefits of Trade Facilitation

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264056955
Total Pages : 241 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis OECD Trade Policy Studies Overcoming Border Bottlenecks The Costs and Benefits of Trade Facilitation by : OECD

Download or read book OECD Trade Policy Studies Overcoming Border Bottlenecks The Costs and Benefits of Trade Facilitation written by OECD and published by OECD Publishing. This book was released on 2009-01-19 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Six studies that examine how border bottlenecks affect trade and investment flows, how these bottlenecks might be reduced, and whether the expense involved is worth it.

Korea-China FTA in Its First Year and Effectuation

Author : Kyu Yub Lee
Publisher :
ISBN 13 :
Total Pages : 5 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Korea-China FTA in Its First Year and Effectuation by : Kyu Yub Lee

Download or read book Korea-China FTA in Its First Year and Effectuation written by Kyu Yub Lee and published by . This book was released on 2017 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: On 20 December 2015, the Korea-China Free Trade Agreement (FTA) entered into force. The Korea-China FTA would impact both economies' welfare in the long run, elevating it to a higher level compared to before the FTA was concluded. However, it must be pointed out that in the short run, trade activities between Korea and China might be affected by external/internal economic forces such as the persistent global trade slowdown and weak domestic economic growth, and non-economic forces such as THAAD and non-tariff barriers. Thus, it might be impetuous to examine the economic impact on the Korean and Chinese economies just a year after the Korea-China FTA was concluded. Nevertheless, it would be worth examining the positive changes that have occurred over the last year, and providing constructive suggestions to both countries in order to accelerate the materialization of the benefits of the Korea-China FTA.This article investigates the major changes after the Korea-China FTA in terms of trade of goods and services, digital trade, and investment. Section II covers a brief analysis of the trade of goods between Korea and China. Section III underscores the distinctive features of international digital trade between Korea and China. Section IV provides facts on trade in services and investment. The last section presents policy implications for the Korea-China FTA.

How to Design, Negotiate, and Implement a Free Trade Agreement in Asia

Author : Asian Development Bank. Office of Regional Economic Integration
Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis How to Design, Negotiate, and Implement a Free Trade Agreement in Asia by : Asian Development Bank. Office of Regional Economic Integration

Download or read book How to Design, Negotiate, and Implement a Free Trade Agreement in Asia written by Asian Development Bank. Office of Regional Economic Integration and published by . This book was released on 2008 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Asia's Free Trade Agreements

Author : Masahiro Kawai
Publisher : Edward Elgar Publishing
ISBN 13 : 0857930419
Total Pages : 305 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Asia's Free Trade Agreements by : Masahiro Kawai

Download or read book Asia's Free Trade Agreements written by Masahiro Kawai and published by Edward Elgar Publishing. This book was released on 2011 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: East Asia is the region of the world that is changing fastest in terms of trade arrangements. Dozens of free-trade agreements are signed every year, turning a complex situation into the East Asian noodle bowl of FTAs. This book addresses the crucial question posed by these new agreements how do they affect business? While many studies have focused on government-to-government issues, this book gets to the heart of the matter, studying what it means for the firms actually doing the trade and investment. I recommend this book to any serious student of trade, particularly those interested in understanding the rapidly evolving landscape in this most dynamic part of the world. Richard Baldwin, Professor of International Economics, Graduate Institute, Geneva, Switzerland The pursuit of more than one hundred Free Trade Agreements in East Asia is quietly producing a fundamental change in the global economic architecture. This path-breaking new volume provides an indispensable guide to the practical effect of such agreements on commercial transactions in the region. It is a must-read for businessmen and policymakers who seek to both understand the impact of FTAs in the real world and expand their contributions to economic growth and development. C. Fred Bergsten, Director, Peterson Institute for International Economics, US [East Asia] needs to think about appropriate measures to overcome the Asian FTA noodle bowl in the future. In this vein, the study suggests several practical measures including encouraging rationalization and flexibility of rules of origin, upgrading origin administration, improving business participation in FTA consultations, and strengthening institutional support systems for SMEs. . . It is hoped that this study will contribute to strengthening regional trade policies in Asia and compatibilities with global trade rules. Haruhiko Kuroda, President, Asian Development Bank This is a valuable contribution in a crowded field. Kawai and Wignaraja have gone beyond familiar arguments about the relative merits of regionalism and multilateralism to ask businesses what it all means to them. Policymakers should take note. Patrick Low, Chief Economist, WTO For policymakers in the region, the debate is no longer between regionalism and multilateralism. The real question is how we should create the model for regionalism that will become the building blocks to a multilateral trading system and avoid raising costs of doing business from the noodle bowl effect. Therefore the comparative and micro-level research found in this book provides valuable insights on the impact of FTAs on businesses. These insights will be relevant input as policymakers forge ahead in implementing regional FTAs, thinking of ways to amend and improve on them and, most importantly, harmonize or consolidate between existing regional FTAs in East Asia. Mari Pangestu, Minister of Trade, Indonesia The spread of Asia s free trade agreements (FTAs) has sparked an important debate on the impact of such agreements on business activity. This pioneering study uses new evidence from surveys of East Asian exporters including Japan, the People s Republic of China, the Republic of Korea and three ASEAN economies of the Philippines, Singapore and Thailand to shed light on the FTA debate. Critics are concerned that FTAs erode the multilateral trading process and foster an alarming noodle bowl of overlapping regulations and rules of origin requirements which may be costly to business. Asia s Free Trade Agreements makes key recommendations for improving business use of FTA preferences, reducing costs of FTAs and creating a region-wide FTA. This well-researched and documented book will appeal to undergraduate and postgraduate students in international business, international economics, economic development, public administration and public policy. Academics, researchers and members of think-tanks around the world will also benefit from this book as will trad

East Asian Integration

Author : Lili Yan Ing
Publisher : Routledge
ISBN 13 : 0429782489
Total Pages : 291 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis East Asian Integration by : Lili Yan Ing

Download or read book East Asian Integration written by Lili Yan Ing and published by Routledge. This book was released on 2019-05-22 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of world trade has been stagnant in recent times; trade liberalisation now has been challenged. The recent rise of anti-globalisation calls for a better integration in East Asia. How should East Asia manage its openness? This book provides profound analyses on rules of origins, non-tariff measures, restrictiveness in services and investment. It gives insight into how East Asian countries should shape its trade, investment and industrial policies. This book helps to answer what kind of a better integration it should be, and how East Asia can realise it.