As countries turn more to regionalism as a means of forwarding co-operation on trade rules and other areas of policymaking, governments are increasingly incorporating rules on investment into regional trade agreements (RTAs). The Asia-Pacific region is no exception, with many innovative agreements that include disciplines on investment protection and non-discrimination. We analyse the economic consequences of including investment provisions in trade agreements by creating an index of the extensiveness of investment provisions in RTAs and then using that index in a gravity model framework of trade and investment. The results indicate that investment provisions are positively associated with trade and, to an even greater extent, investment flows. Further, we observe an insignificant effec...
... to international exchanges among members of regional trade agreements (RTAs) (WORLD BANK, 2... investment provisions in the region (e.g., NAFTA), or -1 with more restrictive provisions (e.g., th...
The "new generation of Free Trade Agreements" announced by the Commission of the European Community signals an intention to substantially extend the geographic coverage of its reciprocal, preferential trade agreements. We review the development of regionalism in East Asia by listing the existing bilaterals and those under negotiation and conclude that the EC's initiative will have minimal effect in this region. However, globally, there are two super-hubs, namely the EC and the US, each with its network of spokes and associated rules. They are likely to compete to design any new multilateral rules which are WTO-plus.
... among partners in North America and each NAFTA partner has numerous RTA connections outside the r... and the common criteria for selecting new members make the concept of a super-hub and its networks a...
... organisation and is funded by the membership fees of the 1,000 foremost global companies fund i... discussions that enabled the founding of NAFTA (North American Free Trade Agreement)," the Public...
Between July 2005 and January 2006. Swiss and US trade officials conducted exploratory talks to determine whether a free trade agreement (FTA) would be economically desirable and politically feasible. In January 2006, the talks were recessed when the Swiss Federal Council decided that - while an FTA would be economically desirable, free trade in agriculture was not politically feasible. The FTA talks may be resumed after the conclusion of the WTO Doha Development Round. Switzerland and the United States have launched a Trade and Investment Forum with a view to reaching agreements on discrete topics.
... that proved the rule, as several members peeled off to join the European Union. In short, e...In the NAFTA negotiations with Mexico, the United States allowe...
...In the case of EMU members, the implied economic integration went along with ... (EU), ANDEAN (Andean community of nations), NAFTA (North American Free Trade Agreement), CACM (Centr...
In recent policy debates in Europe, the question 'what has competition done for Europe?' has been posed at the highest levels. This question merits careful reflection. Competition as it is understood by mainstream economic and legal scholars refers not to an ideology but to inter-firm rivalry in markets. Such rivalry ensures that consumers enjoy choice, low prices, and good value for money. The authors consider the historical origins and development as well as the current role and effects of competition policy in Europe. The latter includes legal provisions that address anti-competitive practices by firms and activities aimed at promoting competition in respect of potentially anti-competitive government measures. They conclude that such policy has made essential contributions to the hig...
...In 1957, among the six original members of the Community, only Germany had a domestic comp... with the EC and one with North American (NAFTA-style) approaches (see SOLANO and SENNEKAMP 2006)....
This essay will present the views of a US observer on the politics and substance of the European Commission's proposed new policies toward bilateral and regional trade agreements. It will contrast both the rationale advanced by the Commission and the underlying politics surrounding FTAs with the situations in the United States, particularly the record of the Bush administration "Competitive Liberalisation" policy. It will also describe additional political and security considerations that form the basis for US regional trade policy. Finally, it will advance tentative predictions for the FTA policy in the future.
... against all FTAs in the 1990s, including NAFTA). In addition, virtually every new Democratic Hous... that the United States and other WTO members can negotiate a meaningful Doha Round agreement (a...
This article describes the transition to the new commercial-political bilateralism in Eastern Asia since the "Asia crisis" and places these into the context of the Japanese regionalization strategy.
... cooperation between Japan and ASEAN members, the Japan-ASEAN Comprehensive Economic Partnershi... Benachteiligung japanischer Unternehmen im NAFTA-Raum zu verhindern. Beide Teile der japanischen FT...
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