Transcription of RCEP: Goods Market Access Implications for ASEAN
{{id}} {{{paragraph}}}
Example: stock market
RCEP: Goods Market Access Implications for ASEAN
Global Development Policy CenterGEGI@GDPC enterPardee School of Global Studies/Boston UniversityGLOBAL ECONOMIC GOVERNANCE INITIATIVE WORKING PAPER 045 03/2021 RCEP: Goods Market Access Implications for ASEANRASHMI BANGA, KEVIN P. GALLAGHER AND PRERNA SHARMAABSTRACT: free trade agreements (FTAs) are often signed by the developing countries in the hope of increasing their Market Access , improving their balance of trade (BOT) and reviving their economic growth by generating additional output and employment in their countries. How-ever, if FTAs worsen the BOT or net exports, they can adversely impact Gross Domestic Product (GDP) growth and employment in the country. In this context, this paper under-takes a detailed disaggregated product-level impact analysis of tariff liberalisation under Regional Comprehensive Economic Partnership (RCEP) on BOT of Association of South East Asian Nations ( ASEAN ) countries.
Myanmar, Philippines, Singapore, Thailand, and Vietnam plus the six countries with which ASEAN has free trade agreements (FTAs)- Australia, China, India, Japan, South Korea, and New Zealand. However, India withdrew from the RCEP negotiations in November 2019 leaving 15 member coun-tries of RCEP to negotiate the agreement.
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: