Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAs

Ganeshan Wignaraja, Dorothea Ramizo () and Luca Burmeister ()
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Dorothea Ramizo: Development Bank
Luca Burmeister: Development Bank

East Asian Economic Review, 2013, vol. 17, issue 4, 385-415

Abstract: Inter-regional free trade agreements (FTAs) - notably between Asia and Latin America - are growing in numbers and complexity. There is an absence of an agreed methodology for empirical assessments on the content of FTAs and little research. This paper proposes a framework to assess liberalization in FTAs in goods and services and new trade policy issues relating to regulatory barriers. Next, it applies this framework to studying the 22 Asia-Latin America FTAs in existence. The findings suggest that Asia-Latin American FTAs have laid the foundations for inter-regional integration by liberalizing the trade in goods and services and reducing some regulatory barriers. Deepening FTAs and adopting structural reforms will enhance Asia-Latin American integration in the future.

Keywords: Regional Economic Integration; Free Trade Agreements; Deep Integration; Singapore Issues; Regulatory Barriers; Asia-Latin America; Free Trade Agreements (search for similar items in EconPapers)
JEL-codes: F15 O24 O53 O54 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:eaerev:0051

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