Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/101191
Authors: 
Wignaraja, Ganeshan
Ramizo, Dorothea
Burmeister, Luca
Year of Publication: 
2012
Series/Report no.: 
ADBI Working Paper Series 382
Abstract: 
Trade integration and free trade agreement (FTA)-led cooperation between Asia and Latin America has increased since the early 2000s. Using new criteria, this paper examines whether Asia-Latin America FTAs have facilitated market-led integration by liberalizing trade and behind the border regulatory barriers. Overall Asia-Latin America FTAs provide the foundations for inter-regional integration by liberalizing goods and services trade as well as some regulatory barriers. Future FTAs can support deeper integration by reducing residual regulatory barriers. Other policy priorities include forming a large inter-regional FTA, stimulating business use of FTAs and accelerating structural reforms.
Subjects: 
asia
latin america
free trade agreements
inter-regional liberalization
trade integration
market-led integration
JEL: 
F15
O24
O53
O54
Document Type: 
Working Paper

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