This paper analyzes the quality of rules on Foreign Direct Investment FDI for seven Free Trade Agreements FTAs: US-Australia, US-Singapore, Japan-Singapore, Korea-Singapore, NAFTA, Korea-Chile and Japan-Mexico, involving eight countries. This paper examines the quality of FDI rules in terms of their liberalization or restrictiveness in the following six areas: Restrictions...
The paper depicts about a project which proposes to monitor, assess and analyze the real and potential impacts of the Australia-United States Free Trade Agreement AUSFTA in this area, providing Australian policy-makers with continuing expertise and options. To the extent that the AUSFTA medicines provisions may represent an important precedent...
The World Trade Organization's 2004 Trade Policy Review depicts the small and outward-oriented economy as one of the most open country to international trade and investment. The review highlights the benefits of the outward-oriented strategy that has enabled the economy to weather recent external shocks such as the Asian financial...
The US/DR-CAFTA is a solid agreement that should be enacted and implemented as swiftly as possible. This agreement is sorely needed to upgrade the existing trade partnership to make it broader, more flexible, permanent, and reciprocal. It was noted that the importance of this agreement was for more than 1...
This paper examines how free-trade agreements and customs unions affect the location of Foreign Direct Investment FDI and social welfare, taking into account that governments may adjust taxes and external tariffs to compete for FDI. Conditions are identified under which a free-trade agreement leads to FDI and under which this...
Computable General Equilibrium models, widely used for the analysis of Free Trade Agreements FTAs are often criticized for having poor econometric foundations. This paper improves the linkage between econometric estimates of key parameters and their usage in CGE analysis in order to better evaluate the likely outcome of a Free...
Incorporating intermediate inputs into a small-union general-equilibrium model, this paper first develops the welfare economics of preferential trading under the rules of origin ROO and then demonstrates that the ROO could improve the political viability of Free Trade Agreements FTAs. Two interesting outcomes are derived in this article. First, a...
Since securing trade promotion authority in 2002, the Bush administration has launched an aggressive campaign to negotiate bilateral and regional free trade agreements FTAs. Free-trade agreements deviate from the multilateral principle of nondiscrimination, and they can divert trade from more efficient to less efficient but favored import producers. This paper...
This article uses detailed trade, tariff, and income data for countries involved in 91 trade agreements negotiated since 1980 to test for reciprocity in free trade agreements. The results offer strong evidence of reciprocity in North-North and South-South free trade agreements, but there is little empirical support for reciprocity in...
The purpose of this study is to provide the first systematic empirical analysis of the economic determinants of the formation of free trade agreements FTAs and of the likelihood of FTAs between pairs of countries using a qualitative choice model. It develops this econometric model based upon a general equilibrium...
This paper examines the welfare implications of an existence of free trade agreements FTAs and customs unions CUs in the GATT system, in the presence of cross-foreign ownership among countries. In particular, two GATT regimes are analyzed: a pure GATT regime without any regional free trade agreements, and modified GATT...
SAN DIEGO -- Republican presidential candidate John McCain, in one of his strongest endorsements of free trade, called himself "an unapologetic supporter of NAFTA," an agreement that many Americans feel has cost them jobs. "I reject the false virtues of economic isolationism," McCain told the National Council...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/61c90a/colombia_pharmaceu) has announced the addition of the "Colombia Pharmaceuticals and Healthcare Report Q2 2008" report to their offering. The Colombia Pharmaceuticals and Healthcare Report provides independent forecasts and competitive intelligence on Colombia's pharmaceuticals and healthcare industry. Colombia's pharmaceutical market was...
SEOUL AFP — South Korea's parliament Monday opened an inquiry into a US beef import agreement which sparked weeks of mass protests, with the ruling and opposition parties sparring over its scope. The probe will refocus attention on the controversial deal which rocked the Seoul government just as...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/f495bc/peru_pharmaceutica) has announced the addition of the "Peru Pharmaceuticals and Healthcare Report Q2 2008" report to their offering. Peru's pharmaceutical market has experienced strong growth over the past few years. From US$538mn in 2004, the market was estimated to have reached US$771mn...
It's time for presidential candidates John McCain and Barack Obama to get specific about how they plan to resurrect a U.S. economy that has wandered into treacherous waters and is struggling to stay afloat. With their parties' nominations in hand and awaiting only confirmation at national conventions...
TOYAKO, Japan AFP — US President George W. Bush reaffirmed Wednesday that he will try to win approval for a sweeping free trade agreement with South Korea before leaving office, a Seoul official said. His promise came during talks with South Korean President Lee Myung-Bak on the sidelines...
SEOUL AFP — South Korea and six Gulf states agreed Wednesday to forge a free trade deal by the end of next year, a chief negotiator from the Seoul side said. "At today's opening session, the chief delegates from both sides agreed in principle to conclude negotiation by...
COLORADO SPRINGS -- Barack Obama urged people Wednesday to look past the "bustle and busyness" of their everyday lives this Fourth of July weekend to find a way to help make the American dream real not just for themselves but for all. The call for service is...
WASHINGTON -- The President and Mrs. Bush will travel to the Republic of Korea, Kingdom of Thailand, and People's Republic of China in August. In South Korea, President Bush and President Lee will discuss regional and global security issues as well as their commitment to getting their respective...
Articles 2008-07-03
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