Suchergebnisse

The paper provides comparative characteristics of free trade areas (FTA) with Vietnam's participation, and attempts to summarize his rich and instructive experience in this realm. The first section analyzes the reasons of creation and the balance of power in the FTA with the Eurasian Economic Union (EAEU). In the second section it describes the general approach of Vietnam towards integration into the world economy and presents the FTA network ("spaghetti bowl") set up by Hanoi. The author assesses the factors that determined the choice of Vietnam and the participants of the EAEU while establishing their FTA. He reveals the motivation of the EAEU leaders, particularly Russia, in their decision, the importance of economic aspects of cooperation with the first partner in the FTA framework. Thus, it becomes possible to discover the importance of new integration union for both parties. Economic potential of the FTA members is estimated in order to define their respective roles, "weight category" and, finally, the main beneficiaries of the agreement. So far, we verify the correctness of the dissemination of findings from our analysis of trade between Russia and Vietnam (for which we have representative data) on the agreement at whole. The author explores the main parameters of the agreements with the Asia-Pacific countries and displays aspects of the FTA agreements different for the EAEU and other Vietnam partners. It makes easier to identify countries and regions that take the leaders' position in the integration process. The composition of trade and other forms of interaction between participants of the FTA in both groups of Vietnam partners is highlighted and a tendency to boost them is revealed. The paper promotes estimations on the conditions, rate, magnitude and first results of liberalization of mutual trade, on safeguard measures applied to support domestic producers. It reveals the preferential treatment difference granted by FTA parties to each other and the reasons for these differences. In conclusion, the impact of the FTA network on competition between Russia (EAEU) and other Vietnam partners which occupied the best position in its market is stressed.

Discusses progress made in negotiations for cooperation between the European Union and countries on the southern and eastern borders of the Mediterranean since a partnership was proposed in 1995; 8 articles. Based in part on papers presented at the Mediterranean Campus, Villanueva y Geltrú, province of Barcelona, Spain, at the Summer courses which started in 1997. Published in collaboration with the Institut Català de la Mediterrània d'Estudis i Cooperació, Barcelona, Spain. Topics include the customs union between the EU and Turkey, opening of markets of the southern Mediterranean to European agricultural and industrial products, availability and distribution of energy in the Mediterranean region, advantages of cooperation between EU and a free trade area in the Maghreb (Algeria, Morocco, and Tunisia), and intra-regional trade in the Maghreb and Middle East,

Preface -- Contents -- Part I The Formation of Free Trade Agreements -- 1 Expansion of Free Trade Agreements, Overlapping Free Trade Agreements, and Market Size -- 1.1 Introduction -- 1.2 The Model -- 1.3 Preliminary Results -- 1.3.1 Initial Situation: No FTA -- 1.3.2 Feasibility of Bilateral FTA -- 1.4 Analysis -- 1.4.1 Overlapping Regime -- 1.4.1.1 Hub-and-Spoke System -- 1.4.1.2 Spoke-Spoke FTA -- 1.4.2 Expanding Regime -- 1.5 Feasibility of MFT Under Overlapping Regime and Expanding Regime -- 1.6 Concluding Remarks -- References

This book presents a theoretical investigation of the formation of regional free trade agreements (FTAs), the behavior of global enterprises, and government trade policies in various game forms including multi-stage games, repeated games, and timing games. In the last few decades, the number of FTAs has been rapidly increasing in the world, especially in Asia. In particular, East Asian countries are expected to be main engines for sustaining the world economy. Focusing on East Asian economies, strategic behaviors of governments and firms in order to attain their own aims are examined. The analytical methods employed in this book are those currently being developed or that recently have been created. The topics are important contemporary issues in regional areas facing the rapid economic changes brought about by globalization. Most chapters of this book are based on original work that was published in international journals but now has been completely rewritten, with restructuring and extension of the original work. This book, with its up-to-date information, will be of interest to academic researchers in universities and economic research institutions and to students working on advanced degrees in economics.

Abstract.  We investigate the limits of a mechanism for free trade area (FTA) formation that simultaneously satisfies internal industrialization targets. For arbitrary targets, we find necessary and sufficient conditions that guarantee that the mechanism is efficient for member countries individually, even if other members do not implement the efficient policy. When the objective is conservative – designed to protect the level of industrialization previously achieved by the target industry – member countries are guaranteed gains from the efficient policy and their FTA participation. The analysis covers cases with transportation costs and explains why minimally restrictive rules of origin support efficiency and policy independence.