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Asian Free Trade Agreements and Wto Compatibility : Goods, Services, Trade Facilitation and Economic Cooperation.
Title:
Asian Free Trade Agreements and Wto Compatibility : Goods, Services, Trade Facilitation and Economic Cooperation.
Author:
Hamanaka, Shintaro.
ISBN:
9789814460415
Personal Author:
Physical Description:
1 online resource (300 pages)
Series:
World Scientific Studies in International Economics ; v.32

World Scientific Studies in International Economics
Contents:
Table of Contents -- Preface -- Summary 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 -- 4.5.1 Transparency -- 4.5.2 Exemption of fees -- 4.5.3 Customs procedures -- 4.5.4 Mutual recognition: Conformity assessment of standards -- 4.5.5 Origin administration for preferential tariff treatment -- 4.6 Policy Suggestions: Minimizing Negative Externality of Regional Trade Facilitation -- 4.7 Summary -- Chapter 5: Regional Services Agreements What Is the Value of GATS-plus Regional Services Commitments? -- 5.1 Introduction -- 5.2 Differences in Multilateral Principles of Regionalism: Goods versus Services -- 5.2.1 Comparison of GATT Article XXIV and GATS Article V -- 5.2.2 Modality of services liberalization: Progressive liberalization -- 5.3 Analytical Framework for Assessing the Openness of Regional Services Agreements.

5.3.1 Typology of regional services commitments in terms of discriminatory effects -- 5.3.2 Analytical focus and caveat on methodology -- 5.4 Overview on Regional Services Agreements -- 5.5 Case Study: Achievements of the ASEAN Framework Agreement on Services -- 5.5.1 The evolution of AFAS commitments in terms of coverage -- 5.5.2 The Hoekman index quantitative analysis of AFAS -- 5.6 Policy Issues: Regional Services Agreements as a Trigger for Services Reforms -- 5.6.1 Policy question: Immediate discriminatory new market access or long-term unilateral reform -- 5.6.2 Policy proposal: The amendment of GATS Article V -- 5.7 Summary -- Appendix 5.1 GATS Article V Economic Integration -- Chapter 6: Economic Cooperation under FTAs Do FTAs Impose WTO-Plus Technical Assistance Obligations on Members? -- 6.1 Introduction -- 6.2 Multilateral Governance on Developmental Issues -- 6.3 Analytical Framework for WTO-plus Elements of Technical Assistance under FTAs -- 6.3.1 Comparison between WTO Agreements and FTAs -- 6.3.2 Classification of WTO-plus technical assistance and typology of obligations -- 6.4 Overview on Technical Assistance Provisions under WTO Agreements -- 6.5 Case Study: Technical Assistance under Japan-ASEAN EPAs -- 6.5.1 Japan-Malaysia EPA (JMEPA) -- 6.5.2 Japan-Indonesia EPA (JIEPA) -- 6.5.3 Japan-Philippines EPA (JPEPA) -- 6.5.4 Japan-Singapore EPA (JSEPA) -- 6.5.5 Japan-Thailand EPA (JTEPA) -- 6.5.6 Japan-Vietnam EPA (JVEPA) -- 6.5.7 Comparative analysis of Japan-ASEAN EPAs -- 6.6 Policy Implications: The Developmental Perspective of Regionalism Debates -- 6.7 Summary -- Appendix 6.1 Technical Assistance Provisions in WTO Agreements -- Chapter 7: Conclusion Counter-intuitive Policy Implications for WTO-Compatible FTAs -- 7.1 Summary of Important Empirical Findings -- 7.2 Counter-intuitive Policy Implications -- References -- Index.
Abstract:
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 1980s and 1990s, 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 to recent FTAs in Asia. It is undeniable that past trade multilateralism-regionalism debates centered on the trade-in-goods aspect. However, the majority of recent FTAs in Asia cover issues beyond trade-in-goods and tariff liberalization, such as trade facilitation, services, and economic cooperation. While the General Agreement on Tariffs and Trade (GATT) Article XXIV governs regional integration initiatives in trade in goods, there is no (or at most a thin) World Trade Organization (WTO) Agreement that stipulates the relationship between regionalism and multilateralism in issue areas other than goods. Thus, this study carefully considers the meaning of "WTO-compatible FTAs" by distinguishing "WTO consistency" and "WTO friendliness", going beyond GATT Article XXIV debates and proposes a general framework for examining the openness of regionalism in various issue areas by identifying tree-type questions to distinguish several types of exclusiveness. It then specifically asks the following questions: Can Asian FTAs that cover several issues be considered multilateralism friendly? How does the relationship between regionalism and multilateralism differ between trade-in-goods and non-goods issue areas? What are policies that might reduce the exclusiveness of

regional initiatives? The study concludes by listing counterintuitive policy suggestions to make FTAs truly WTO compatible. The book also includes a comprehensive list of FTAs in Asia and several WTO Agreements relating to trade regionalism.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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