Regional Trade Liberalisation as a Prisonerss Dilemma: The Case of the SADC Protocol on Trade

2012 ◽  
Author(s):  
Mopeli Moshoeshoe
Keyword(s):  
Trade Liberalisation ◽  
Regional Trade

scholarly journals South Asian Free Trade Area and Indo-Pakistan Trade

2004 ◽  
Vol 43 (4II) ◽  
pp. 943-958
Author(s):  
Indra Nath Mukherji
Keyword(s):  
Free Trade ◽  
South Asian ◽  
Free Trade Area ◽  
Trade Liberalisation ◽  
Trade Restrictions ◽  
Regional Trade ◽  
Common External Tariff ◽  
Trade Area ◽  
Preferential Trading ◽  
The Impact

Preferential trading is one of the mildest forms of an integrative arrangement. Under the arrangement, the Contracting States (CS) offer a preferential margin with respect to trade barriers in relation to their MFN rates. CS having disparate levels of development as well as trade regimes, find this an acceptable instrument for initiating regional trade liberalisation. Such an arrangement nevertheless provides the building blocks towards accelerated regional trade liberalisation culminating in a free trade area within a defined time frame. Under a free trade area the CS eliminate all trade restrictions on their mutual trade, while maintaining restrictions in their trade with non-CS at a level they deem appropriate. When all CS decide on a common external tariff, then the arrangement translates itself in a more cohesive customs union. The arrangement translates to a common market when all CS agree not only to allow free movement of goods and services, but all the factors of production including capital and labour. Finally, the most comprehensive form of an integrative arrangement results from an economic union, which integrates national economic policies of CS and leads to the adoption of a common currency. The Agreement on South Asian Preferential Trading Arrangement (SAPTA), which became operational since December 7th, 1995 thus, symbolises the beginnings of the very first stage of an integrative arrangement among the member countries of SAARC. The decision made at the Twelfth SAARC Summit at Islamabad in January 2004 to launch South Asian Free Trade Agreement (SAFTA) from January 2006 would mark the second stage of the process of integration in the region. The main focus of this paper is to assess the impact of SAPTA on Indo-Pak trade.

scholarly journals Conceptual Framework for Growth Triangles

1999 ◽  
Vol 38 (4II) ◽  
pp. 805-822
Author(s):  
M. Aynul Hasan
Keyword(s):  
Conceptual Framework ◽  
Economic Cooperation ◽  
Trade Liberalisation ◽  
Regional Trade ◽  
Policy Makers ◽  
Limited Success ◽  
Trading Blocs

In recent years, while the significance of regional trade and trading blocs within Asia region (AFTA, APEC, ASEAN, SAARC, EAEC, etc.) has gained considerable interest among the policy-makers and researchers alike, tangible accomplishments, in terms of enhanced economic cooperation and trade liberalisation among the trading blocs, are still muted [Thant et al. (1998), p. 23]. Several reasons and problems have been cited for the limited success of these formal trading blocs, particularly in the Asia region, namely:

What is the Cause of Growth in Regional Trade: Trade Liberalisation or RTAs? The Case of Agriculture

World Economy ◽  
2001 ◽  
Vol 24 (1) ◽  
pp. 51-79 ◽  
Author(s):  
Xinshen Diao ◽  
Terry Roe ◽  
Agapi Somwaru
Keyword(s):  
Trade Liberalisation ◽  
Regional Trade

scholarly journals Trade Liberalisation Policies, Intra-regional Trade and Opportunities for Sustainable Agricultural Development

2001 ◽  
Vol 40 (4II) ◽  
pp. 1053-1074 ◽  
Author(s):  
Zakir Hussain ◽  
Riaz Hussain Qureshi ◽  
Waqar A. Jehangir
Keyword(s):  
Regional Integration ◽  
Agricultural Development ◽  
Trade Liberalisation ◽  
Regional Trade ◽  
Agricultural Resources ◽  
Multilateral Trade ◽  
Integration Schemes ◽  
Producer Prices ◽  
Implicit And Explicit ◽  
Domestic Reform

Many of the Near East (NE) countries are currently opening their agricultural markets at three distinct but interacting levels: unilateral liberalisation, regional integration schemes and multilateral trade liberalisation. These changes hold important implications for intra- and extra-regional trade, use of agricultural resources and sustainability of agricultural development in the NE countries. Unilaterally, and since the late 1980s, most countries of the region have liberalised their agriculture sectors by eliminating or reducing input subsidies, removing or reducing guaranteed producer prices, reducing the number of subsidised commodities and liberalising the exchange rate and the trade regime. Most of the implicit and explicit subsidies for agricultural inputs and outputs were withdrawn. However, some of the NE countries were able to continue supporting agriculture mainly for food security reasons. Experiences showed that domestic reform is necessary but not sufficient condition for economic growth.

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