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Regional Economic Integration and Dispute Settlement in East Asia - The Evolving Legal Framework (Hardcover)
Loot Price: R5,902
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Regional Economic Integration and Dispute Settlement in East Asia - The Evolving Legal Framework (Hardcover)
Series: Studies in International Trade and Investment Law
Expected to ship within 10 - 15 working days
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The accession of the People's Republic of China to the World Trade
Organization (WTO) in 2001 significantly transformed the global
economy both de facto and de jure. At the regional level, China's
WTO accession served as an important catalyst for the establishment
of Regional Trade Agreements (RTAs) in East Asia. This was a novel
development for the region, since East Asian States had previously
followed a largely informal, market-driven approach to regional
economic integration. By contrast, rules-based economic integration
involving East Asian States was traditionally limited to
multilateral integration under the GATT/WTO framework. This book
systematically analyses and explains the development, nature and
challenges of rules-based regional economic integration in East
Asia with particular attention to the region's first four RTAs.
While also addressing the socio-economic, historical and political
factors influencing the development of RTAs in East Asia, the book
focuses on the legal institutions governing economic integration in
the Association of Southeast Asian Nations (ASEAN), as well as
under the ASEAN-China Comprehensive Economic Co-Operation Agreement
(ACFTA), the Japan-Singapore New Age Economic Partnership Agreement
(JSEPA), and the Mainland China-Hong Kong Closer Economic
Partnership Arrangement (CEPA). The book provides a systematic,
comparative account of the scope, depth and (hard law versus soft
law) quality of rules-based economic integration achieved under
these four RTAs in the areas of trade in goods and services,
investment liberalisation and protection, labour mobility, and
dispute settlement.
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