Free Trade Agreements, Trade Policy and Multilateralism

Development ◽  
2016 ◽  
Vol 59 (1-2) ◽  
pp. 40-47
Author(s):  
Jomo Kwame Sundaram
2019 ◽  
Vol 20 (5) ◽  
pp. 705-725
Author(s):  
James Harrison

Abstract This article explores the implications of the proliferation of labour provisions in free trade agreements (FTAs) in recent years. It reviews a relatively new form of empirical scholarship on the effectiveness of US and EU labour provisions. In doing so, it helps to identify a large gap between, on the one hand, the rhetoric of policymakers on the importance of such provisions and, on the other, the reality of what they achieve in practice. Reform efforts on both sides of the Atlantic are then examined to find that these also contain major deficiencies. The article therefore asks whether the ineffectiveness of the labour rights agenda in FTAs should be seen as part of a burgeoning class critique of trade policy. In the current political climate, it also suggests that the deficiencies identified, and how they should be resolved, require far greater engagement from both mainstream academia and trade policy communities.


2021 ◽  
Vol 7 (3) ◽  
pp. 64-78
Author(s):  
M. P. Kukla

The article analyses the goals and imperatives of the Republic of Korea’s trade policy before the COVID-19 pandemic and taking into account its consequences. The RoK's trade policy aims to synchronize the interests of the state, conglomerates and small and medium-sized enterprises. For this purpose, a system of division of powers in the field of trade policy and diplomacy has been designed, which has proven to be very effective. The COVID-19 situation, which has exacerbated the growing trend of protectionism in international trade, highlighted the chronic structural problems of trade in the Republic of Korea of trade in the area of geographical and commodity structure – despite the positive dynamics of the country's exports. The challenge of countering protectionism, coupled with the need to diversify the commodity and geographic structure of exports, implies two areas of work: strengthening an industrial structure capable of producing competitive goods and expanding the network of free trade agreements. The need to address logistical problems, digitalization, and the trend towards decarbonization forces Korea to rely more heavily on the idea of promoting free trade. The country's leadership continues to criticize protectionism, guided by the idea of a balanced use of bilateral and multilateral instruments of liberalization.


Author(s):  
Michael G. Plummer ◽  
Alissa Tafti

This chapter focuses on transparency in the context of trade policy. It begins by considering the issue of “policy transparency” and the implications of improved transparency on uncertainty. It then examines “regulatory transparency” as well as issues related to transparency in the context of free trade agreements. It also highlights the net effects of transparency on trade and income and introduces the concept of “conveyance,” which stresses the importance of “advocacy.” Next, it discusses the potential effects of greater transparency in regional trading arrangements. In spite of the inherent difficulties in quantifying transparency measures and estimating their economic effects, improvements in transparency appear to have the potential to increase trade and economic welfare significantly.


Asian Survey ◽  
2005 ◽  
Vol 45 (2) ◽  
pp. 258-278 ◽  
Author(s):  
Hidetaka Yoshimatsu

This article examines how societal actors' preferences and activities impinge on the evolution of a state's regional economic agreements in light of Keidanren's involvement in Japan's free trade agreements with Singapore, Mexico, and South Korea. The business federation has promoted the agreements by playing the role of a pressure group and information provider.


Sign in / Sign up

Export Citation Format

Share Document