scholarly journals Free Trade Agreements and Governance of the Global Trading System

Author(s):  
Andrew G. Brown ◽  
Robert M. Stern
1999 ◽  
Vol 13 (4) ◽  
pp. 105-124 ◽  
Author(s):  
Anne O Krueger

Preferential trade arrangements, and especially free trade agreements, have mushroomed in importance in the 1990s. This has revived research on the effects of these arrangements, both on the welfare of the member countries and those excluded, and on the momentum for further liberalization of the open multilateral trading system. This paper reviews the analyses and evidence to date as to these effects, showing that analytically anything can happen and that, to date, there has been insufficient experience to draw conclusions from empirical evidence.


2008 ◽  
Vol 1 (1) ◽  
Author(s):  
Mitsuo Matsushita ◽  
Y.S. Lee

In recent decades, free trade agreements have been proliferated and have become a major part of the global trading system, along with the multilateral framework represented by the World Trade Organizations. This article discusses some of the major issues with FTA in relation to the WTO disciplines and also examines their implications for developing countries from the perspective of economic development. A global FTA network is proposed as a means to coordinate different, often conflicting rules among different FTAs and to promote common interests and concerns of developing countries.


2021 ◽  
pp. jech-2020-215104
Author(s):  
Courtney L McNamara ◽  
Ronald Labonte ◽  
Ashley Schram ◽  
Belinda Townsend

The global trading system has undergone a shift away from multilateral trade negotiations to a ‘spaghetti-bowl’ of regional and bilateral free trade agreements (FTAs). In this two-part glossary, we discuss why this shift has occurred, focusing on how it poses new challenges for public health. Specifically, we introduce key terms that shape this new trading environment and explain them through a public health lens. Part 1 of this glossary focuses on provisions in FTAs that build on previous agreements of the World Trade Organization (WTO). These provisions are commonly designated as ‘WTO-Plus’. This approach continues into part 2 of the glossary, which also considers components of FTAs that have no precedent within WTO treaties. Following a broader discussion of how the current political context and the COVID-19 pandemic shape the contemporary trade environment, part 2 considers the main areas of trade and health policy incoherence as well as recommendations to address them.


Author(s):  
Farrukh Kayani ◽  
Zhongxiu Zhao

In East Asia economic regionalism and Free Trade Agreements (FTAs) are proliferating at tremendous pace despite being the latecomer as compared to Americas and Europe. Proliferation of FTAs in East Asia started to spread after the Asian financial crisis of 1997. The East Asian economies were dissatisfied with the way the IMF handled the crisis, particularly in Thailand and Indonesia. Presently, about over 100 FTAs are at various stages of development in East Asia. China is also actively engaged in FTAs like the other East Asian neighboring countries for achieving multiple objectives. In this paper we analyzed the detailed reasons that why China is pursuing FTAs? Furthermore, it is said that FTAs may jeopardize the multilateral trading system. As FTAs undermine the WTO policy of maintaining a liberal, non discriminatory and multilateral trading system by supporting the government interventions and prudential controls. Thus we would also explore that whether FTAs are building or stumbling blocks?


2019 ◽  
Vol 55 (1) ◽  
pp. 13-20
Author(s):  
Prema-chandra Athukorala

Over the past three decades, free trade agreements (FTAs) have become an integral and enduring part of the global trading system. The number of FTAs notified to the World Trade Organization increased from 19 in 1990 to 292 by January 2019.1 However, debate on the economic case for following the FTA path as an alternative to multilateral and unilateral trade liberalisation is far from settled. The purpose of this note is to assess key themes of this policy debate. The focus is solely on the economic rationale of FTAs, even though political considerations play a key role in the proliferation of FTAs. JEL Codes: F13, F15, F55


World Economy ◽  
2011 ◽  
Vol 34 (3) ◽  
pp. 331-354 ◽  
Author(s):  
Andrew G. Brown ◽  
Robert M. Stern

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