Asian free trade agreements and WTO compatibility : goods, services, trade facilitation and economic cooperation / Shintaro Hamanaka (Asian Development Bank, Philippines).

Hamanaka, Shintaro, author.
New Jersey : World Scientific, [2014]
1 online resource (300 p.)
World Scientific studies in international economics ; volume 32.
World scientific studies in international economics, 1793-3641 ; volume 32

Location Notes Your Loan Policy


Free trade -- Asia.
Asia -- Foreign economic relations.
Asia -- Commercial policy.
Asia -- Commercial treaties.
World Trade Organization -- Asia.
Electronic books.
It is an appropriate time to rethink the relationship between trade regionalism and multilateralism in the Asian context as we witness the proliferation of free trade agreements (FTAs) in Asia. In the 1980's and 1990's, many scholars and policymakers believed that Asian integration was market-based, rather than legal-based, and that Asian integration would never be codified through agreements. Yet today, there are a large number of FTAs signed and under negotiation in Asia. This book investigates the appropriate relationship between regionalism and multilateralism, with a special reference
Preface; Summary of Contents; Table of Contents; List of Illustrations; List of Abbreviations; Chapter 1: Introduction Conceptualizing the WTO Compatibility of FTAs; 1.1 WTO Compatibility, WTO Consistency and WTO Friendliness; 1.2 Overarching Research Question of the Study; Chapter 2: Analytical Framework for WTO Friendliness of FTAs How to Check If They Are Real "Friends" of WTO?; 2.1 Introduction; 2.2 First-generation Literature: Open Regionalism; 2.3 Second-generation Literature; 2.3.1 Multilateralizing regionalism literature; 2.3.2 New open regionalism literature
2.4 Analytical Framework for WTO Friendliness of FTAs 2.4.1 Tree-type questions to examine the WTO friendliness of FTAs; 2.4.2 Focal question for each issue area: beyond tariffs; 2.4.3 Analytical assumption: evolutionary regionalism; 2.5 Summary; Chapter 3: Free Trade Agreements in Goods Is Trade Bilateralism in Asia Consistent with WTO Rules and Norms?; 3.1 Introduction; 3.2 Difference in Multilateral Principles of Regionalism: GATT Article XXIV versus Enabling Clause; 3.2.1 Historical background of GATT Article XXIV and Enabling Clause
3.2.2 Conditions for forming FTAs: GATT Article XXIV and Enabling Clause 3.2.3 Developmental levels and legal choices; 3.3 Analytical Framework for Assessing the Openness of Enabling Clause-based FTAs; 3.4 Overview of FTAs around the World; 3.4.1 The universe of Enabling Clause-based FTAs; 3.4.2 Common features of Enabling Clause-based FTAs outside Asia; 3.5 Empirical Study of Enabling Clause-based FTAs in Asia; 3.5.1 Use of the Enabling Clause by developing Asian countries; 3.5.2 Bilateral Enabling Clause-based FTAs in Asia; 3.5.3 Plurilateral Enabling Clause-based FTAs in Asia
3.6 Policy Issues of Bilateral Enabling Clause-based FTAs 3.6.1 Policy considerations: Three waves of FTAs and their WTO compatibility; 3.6.2 Policy suggestions: Enhancing the WTO compatibility of Asian FTAs; 3.7 Summary; Appendix 3.1: GATT Article XXIV; Appendix 3.2: Understanding on the Interpretation of Article XXIV of the General Agreement on Tariffs and Trade 1994; Appendix 3.3: Differential and More Favorable Treatment Reciprocity and Fuller Participation of Developing Countries
Chapter 4: Regional Approaches to Trade Facilitation Are Regional Trade Facilitation Measures Discriminatory against Non-members? 4.1 Introduction; 4.2 Difference in Multilateral Principle of Regionalism: Trade Liberalization versus Trade Facilitation; 4.3 Analytical Framework for Assessing the Openness of Regional Trade Facilitation; 4.3.1 Typology of discriminatory regional trade facilitation measures; 4.3.2 Analytical focus and caveat on methodology; 4.4 Overview on Trade Facilitation Measures under FTAs in the World
4.5 Discriminatory and Non-discriminatory Cases of Regional Trade Facilitation
Description based upon print version of record.
Includes bibliographical references and index.
Description based on print version record.