Streamlining Non-Tariff Measures in ASEAN: The Way Forward

Olivier Cadot, Ernawati Munadi () and Lili Yan Ing
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Ernawati Munadi: University of Wijaya Kusuma Surabaya Faculty of Economics Jalan Dukuh Kupang

Asian Economic Papers, 2015, vol. 14, issue 1, 35-70

Abstract: Findings show that the incidence of non-tariff measures (NTMs) in ASEAN is moderate in comparison with other regions of the world. The econometrically estimated ad valorem equivalents also seem comparable with other countries. The challenge is to design NTMs so as to maximize their effectiveness in responding to consumer concerns while minimizing the induced economic inefficiency and the interference from self-interested lobbies. This paper proposes that the way forward is not to follow traditional “notify-negotiate-eliminate” approaches but instead to bring the issue to the country level and imbed them in regulatory-reform agendas in the efforts to improve trade and investment climate. © 2015 The Earth Institute at Columbia University and the Massachusetts Institute of Technology

Keywords: non-tariff measures; NTMs; ASEAN; ad valorem; consumer concerns; induced economic inefficiency; self-interested lobbies; notify-negotiate-eliminate; regulatory-reform agenda; trade; investment climate (search for similar items in EconPapers)
JEL-codes: F10 G00 P00 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (11)

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