Asia-Latin America Free Trade Agreements: An Instrument for Inter-Regional Liberalization and Integration?

Ganeshan Wignaraja, Dorothea Ramizo and Luca Burmeister

Governance Working Papers from East Asian Bureau of Economic Research

Abstract: Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the early 2000s. Using new criteria, this paper examines whether Asia-Latin America FTAs have facilitated market-led integration by liberalizing trade and behind the border regulatory barriers. Overall Asia-Latin America FTAs provide the foundations for inter-regional integration by liberalizing goods and services trade as well as some regulatory barriers. Future FTAs can support deeper integration by reducing residual regulatory barriers. Other policy priorities include forming a large inter-regional FTA, stimulating business use of FTAs and accelerating structural reforms.

Keywords: Trade integration; Free Trade Agreement; Asia-Latin America FTAs; regulatory barriers; inter-regional integration; behind the border (search for similar items in EconPapers)
JEL-codes: F15 O24 O53 O54 (search for similar items in EconPapers)
Date: 2012-09
New Economics Papers: this item is included in nep-int
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Related works:
Working Paper: Asia-Latin America Free Trade Agreements: An Instrument for Inter-Regional Liberalization and Integration? (2012)
Working Paper: Asia-Latin America Free Trade Agreements: An Instrument for Inter-Regional Liberalization and Integration? (2012)
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