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The surge of Preferential Trade Agreements across Asia: What is at stake?

Christian Milelli

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Abstract: Economists along with policy makers are generally viewing trade agreements as a ‘second best' process for trade expansion and economic growth on a global scale. The current surge of Preferential Trade Agreements on a bilateral basis, particularly in Asia, is somehow challenging such common view. The following paper is grounded on updated rough facts and put forward that the standard economic approach is a bit flawed. Obviously, the outcomes and prospects for Asian countries seem much more problematic insofar as power asymmetry and discrimination are embedded in these arrangements.

Keywords: Accords commerciaux préférentiels; Régionalisation; Asia; Preferential Trade Agreement; Regionalization (search for similar items in EconPapers)
Date: 2005
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Published in Journal of International Logistics and Trade, 2005, 3 (2), pp.45-58

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Handle: RePEc:hal:journl:halshs-00139467