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An APEC Trade Agenda? - The Political Economy of a Free Trade Area of the Asia-Pacific (Paperback)
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An APEC Trade Agenda? - The Political Economy of a Free Trade Area of the Asia-Pacific (Paperback)
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The proposal for an Asia-Pacific-wide free trade agreement is one
of the oldest ideas for promoting mutually beneficial regional
cooperation dating back to the mid-1960s. In more recent times, the
idea has found new support for two main reasons: as a plan B to the
stumbling Doha Development Agenda (DDA) round of WTO negotiations;
and as a solution to the noodle bowl of bilateral agreements in the
region. This report assesses the political feasibility of the Free
Trade Area of the Asia-Pacific (FTAAP) proposal and looks at
alternative modalities for achieving free trade and investment in
the Asia-Pacific. The report includes trade policy perspectives
from the three largest economies of the region: the United States,
China and Japan, lessons from similar proposals such as the Free
Trade Area of the Americas (FTAA), possible convergence among the
many preferential trade agreements (PTAs) in the region, and
alternative approaches to regional economic integration.
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