Economic Agreement

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Shintaro Hamanaka - One of the best experts on this subject based on the ideXlab platform.

  • Evolutionary paths toward a region-wide Economic Agreement in Asia
    Journal of Asian Economics, 2012
    Co-Authors: Shintaro Hamanaka
    Abstract:

    The creation of a region-wide Economic Agreement in Asia has become a hot topic among trade policymakers in the region. The Asia-Pacific Economic Cooperation (APEC) 2010 Summit Statement clearly states that members should pursue a Free Trade Area of the Asia-Pacific (FTAAP) by building on various ongoing regional cooperation frameworks including the Association of Southeast Asian Nations (ASEAN)+3, ASEAN+6, and the Trans-Pacific Partnership (TPP). This paper attempts to streamline the policy arguments over sequencing issues by clarifying the pros and cons of various paths toward a future region-wide Agreement in Asia. The paper presents two possible approaches: consolidation versus expansion. It then identifies how the two approaches differ in terms of evolutionary parameters including the timing of negotiations, scope of Agreement, and development of membership. The driving forces behind the evolution of regional Agreements in each approach are also clarified. The second half of the paper analyzes three possible paths toward a region-wide Agreement—ASEAN+α free trade Agreements, TPP, and the Asia-Pacific Trade Agreement (APTA)—in terms of both evolutionary parameters and driving forces.

  • Institutional Parameters of a Region-Wide Economic Agreement in Asia: Examination of Trans-Pacific Partnership and ASEAN+α Free Trade Agreement Approaches
    2010
    Co-Authors: Shintaro Hamanaka
    Abstract:

    The future creation of a region-wide Economic Agreement in Asia has become the hot issue among trade policymakers in the region. The APEC 2010 Summit Statement clearly states that the members should pursue a Free Trade Area of the Asia-Pacific (FTAAP), building on various ongoing regional cooperation formworks including ASEAN+3 or +6 and the Trans-Pacific Partnership (TPP). This paper considers the path or sequencing towards a future region-wide Economic Agreement in Asia, both theoretically and empirically. It attempts to streamline the policy arguments on the sequencing issues by clarifying the pros and cons of various approaches. The paper first presents two possible approaches to a region-wide Economic Agreement: the consolidation approach and the expansion approach. It then reviews political economy theories on the evolution of Economic Agreements with regard to four key issues to highlight the differences between the two approaches: (i) negotiation timing, (ii) negotiation format, (iii) broader–deeper trade-off, and (iv) the participation process. The final section of the paper analyzes and considers three existing Economic Agreements—ASEAN+ free trade Agreements, the TPP, and the Asia–Pacific Trade Agreement—that have the potential to be the basis of a future region-wide Economic Agreement.

Wael M. Alshuwaiee - One of the best experts on this subject based on the ideXlab platform.

Ahmad Alawadhi - One of the best experts on this subject based on the ideXlab platform.

Nayef Al-shammari - One of the best experts on this subject based on the ideXlab platform.

J. Weinblatt - One of the best experts on this subject based on the ideXlab platform.

  • Sovereignty and Economic Development: The Case of Israel and Palestine
    The Economic Journal, 2001
    Co-Authors: Arie Arnon, J. Weinblatt
    Abstract:

    The future permanent Economic Agreement between Israel and Palestine will have to determine, among other things, the trade regime and whether there should be Economic borders. The decision will have to satisfy goals of Economic development, including a reduction in Economic and social gaps between the two countries, and questions of sovereignty. We describe and analyse the evolution of the Palestinian economy before and since the Oslo Agreements. Concerning the future Agreement, we discuss the tradeoffs between sovereignty and prosperity and argue for the establishment, at first, of Economic borders and a regime of less than full integration.