scholarly journals China looks to ASEAN for closer ties, freer trade, and more harmonious relations: a Commentary

2021 ◽  
Vol 9 (12) ◽  
pp. 91-103
Author(s):  
Haiying Feng ◽  
Jingji Wu ◽  
Victor R. Squires

This paper is in three main parts. Firstly, we summarize key features of the history of trade relationships between the People’s Republic of China (PRC) and the Association of South East Asian countries (ASEAN). This includes a brief examination of the different visions held by ASEAN and PRC and the implications for the various trade partners. In the second part we turn our focus to the Guangxi Zhuang Autonomous Region (GAZR) that is on the shores of the South China Sea and a key region being developed as the Beibu Gulf Economic Rim. The port city of Qinzhou is the nearest deep-water port to the ASEAN countries like Malaysia, Vietnam, Philippines etc and lies at the eastern end of the Southern Transport Corridor (STC) that links Lanzhou on the Yellow River in NW China, to the coast. Finally, we present a cameo on Qinzhou’s Free Trade Port Areas and their role in the ASEAN–China Free Trade Agreement (ACFTA).

2019 ◽  
Vol 1 (1) ◽  
pp. 18-37
Author(s):  
Muhammad Arif Junaidi

Using trade flows data of ASEAN countries and China from 2002 to 2017, this studyestimates the impact of ACFTA on ASEAN countries and China’s trade balance in general,and also for Indonesia’s trade balance in specific by elaborating the impact of ACFTA onthe trade flows both exports and imports. Using the gravity model and estimating by OLSand PPML, this paper finds that the impact of tariffs elimination due to the implementationof ACFTA increased exports and imports for ASEAN countries and China in general, andfor Indonesia in particular. However, the aggregate trade balances of ASEAN membercountries and China is zero since the impact of ACFTA on imports offset the impact ofACFTA on exports. Tariff’s elimination due to the implementation of ACFTA on Indonesiashows a negative and statistically insignificant effect on imports and exports. Thus, tariffshave not played significant role on increasing Indonesia’s exports and imports. As a result,the impact of ACFTA on Indonesia’s trade balance cannot be quantified clearly since theimpact of tariffs on exports and imports are not significant.


2010 ◽  
Vol 13 (1) ◽  
pp. 5-22
Author(s):  
Amalia Adininggar Widyasanti

Indonesia has involved in quite many regional trade agreements, since more than a decade ago. Theoritically, Free Trade Agreements (FTAs) are very beneficial to the countries, as resources are more efficiently allocated due to production specialization. However, presence of asymmetric information, market inefficiency, and economic distortion in the real world have led to a deviation of FTAs benefits from its theoritical framework. This paper studies whether Indonesian export competitiveness is improving after Indonesia involves in ASEAN Free Trade Agreement (AFTA) and ASEAN-Cina Free Trade Agreement (ACFTA). Export competitiveness are measured by some trade indicators, such as: trade intensity index, market share, export product dynamics, and RCA, for some Indonesian main export products. The indices are compared across ASEAN countries and Cina to reveal: (i) which products are gaining or losingcompetitiveness in ASEAN and Cina markets; and (ii) which countries are  becoming Indonesian main competitors in ASEAN and Cina markets. Additionally, this paper ends up with some policy recommendations that Indonesia should undertake to improve competitiveness of its products in ASEAN and Cina markets.JEL Classification: R11, F16Keywords: FTA, export competitiveness, Indonesia


2021 ◽  
Vol 15 (1) ◽  
Author(s):  
Chris Hurl ◽  
Benjamin Christensen

The implementation of the Canada-US Free Trade Agreement (CUSFTA) in January 1989 marked a decisive moment in the rise of neoliberalism as a political project in Canada. While the left, and socialist political economists in particular, played a central role in galvanizing the agreement and contributed in no small part to the demise of the Conservative government in 1993, the free trade agenda continued to move forward through the 1990s. This Special Issue revisits the history of struggles against free trade in Canada with two aims in mind: first to remember the coalitions through which opposition was organized, the mobilization of socialist critiques by activists and intellectuals, and the key events leading up to the adoption of the agreement. Second, drawing from this history to make sense of how things have changed over the past 30 years, as right-wing nationalists have increasingly taken the lead in opposing free trade, while neoliberals have sought to rebrand their project as ‘progressive’.  How can those on the left effectively confront the project of free trade today while at the same time challenging both far-right nationalism and neoliberal globalization?


2004 ◽  
Vol 28 (3) ◽  
pp. 381
Author(s):  
Ken Harvey

Re: ?Patents, pills and politics: the Australia? United States Free Trade Agreement and the Pharmaceutical Benefits Scheme?, by Ken Harvey, (Aust Health Rev 2004, vol. 28, no. 2, pp. 218-226). Under the heading ?A brief history of patent law relevant to pharmaceuticals?, in the second paragraph, the second sentence was: ?Before TRIPS, many developing countries provided no patent protection on pharmaceutical products, or they recognised patents on products but not process?. The corrected version should be ?. . .process but not products?.


Author(s):  
Parul Bajaj ◽  
Anuj Sharma

The trade agreement in goods between India and ASEAN became operational in January, 2010. The paper attempts an enquiry into the Tariff concession given to India by the ASEAN countries in the electrical goods sector and also attempts to identify product lines at HS 4 levels sub segments in the same where there could be possibility for the exports to increase due to tariff cuts in the significant product categories as the two regions become more important trading partners in times to come. The paper will also give an overview of the tariff cuts in the identified tariff lines given by the ASEAN nations to India.


2010 ◽  
Vol 13 (1) ◽  
pp. 5-22
Author(s):  
Amalia Adininggar Widyasanti

Indonesia has involved in quite many regional trade agreements, since more than a decade ago. Theoritically, Free Trade Agreements (FTAs) are very beneficial to the countries, as resources are more efficiently allocated due to production specialization. However, presence of asymmetric information, market inefficiency, and economic distortion in the real world have led to a deviation of FTAs benefits from its theoritical framework. This paper studies whether Indonesian export competitiveness is improving after Indonesia involves in ASEAN Free Trade Agreement (AFTA) and ASEAN-Cina Free Trade Agreement (ACFTA). Export competitiveness are measured by some trade indicators, such as: trade intensity index, market share, export product dynamics, and RCA, for some Indonesian main export products. The indices are compared across ASEAN countries and Cina to reveal: (i) which products are gaining or losingcompetitiveness in ASEAN and Cina markets; and (ii) which countries are  becoming Indonesian main competitors in ASEAN and Cina markets. Additionally, this paper ends up with some policy recommendations that Indonesia should undertake to improve competitiveness of its products in ASEAN and Cina markets.JEL Classification: R11, F16Keywords: FTA, export competitiveness, Indonesia


2021 ◽  
Vol 36 (3) ◽  
pp. 437-461
Author(s):  
Shandre M. Thangavelu ◽  
Dionisius Narjoko ◽  
Shujiro Urata

This study examines the impact of the Association of Southeast Asian Nations (ASEAN)-Australia-New Zealand Free Trade Agreement (AANZFTA) on Australian trade with a particular focus on imports from ASEAN member countries to Australia. We examine the AANZFTA’s utilization by ten ASEAN countries at the six-digit trade classification level from 2012 to 2016 using Australian customs data. We implement Ando and Urata’s (2018) and Hayakawa et al.’s (2014) framework of free trade agreement (FTA) utilization based on preferential tariff margins. We also account for overlapping FTAs that are likely to impact the AANZFTA’s utilization. The results indicate that preferential tariff margins positively impact FTA utilization. However, the results also indicate that the AANZFTA’s utilization rate across ASEAN countries is low relative to Australia’s bilateral FTAs with Malaysia, Thailand, and Singapore. We also find evidence that co-sharing rules of origin positively impact FTA utilization.


The Forum ◽  
2016 ◽  
Vol 14 (2) ◽  
Author(s):  
Jeffrey Kucik ◽  
Ashley Moraguez

AbstractDemocratic House members exhibit wide variation in their support for free trade, while Republicans are relatively stable in their support. What explains these trends? There are two important factors that explain trade votes in the House of Representatives. First, we argue that ideology is an important influence on members’ preferences over a wide range of issues, including free trade. Second, free trade directly affects labor through its effects on income, employment, and workers’ rights. We argue that liberals are uniquely susceptible to labor concerns, and that their votes are determined in large part by these considerations for both electoral and ideological reasons. We analyze the 11 most recent trade agreement ratification votes in the House. The results show that ideological differences explain the gap in support between the parties. Moreover, liberal members are much more sensitive to concerns for labor, measured as district unemployment, campaign contributions from labor organizations, and trade partners’ records of worker rights protections, which explains the variation in Democratic support across agreements. Taken together, the findings have implications for the upcoming vote on the Trans-Pacific Partnership, which has already generated debates regarding its effects on workers.


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