ASEAN-Canada Forum 2008

Language: English

Published by ISEAS, SG, 2010

9814279145 / 9789814279147

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Seller: Rarewaves.com UK, London, United KingdomRarewaves.com UK

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In November 2008, the Regional Economic Studies Programme of the Institute of Southeast Asian Studies (ISEAS) and the Singapore office of the International Development Research Centre (IDRC) of Canada organised a forum on ""Regional Economic Integration - ASEAN and Canadian Perspectives"". The forum concluded that fundamentally the ASEAN Free Trade Area (AFTA) and the North American Free Trade Agreement (NAFTA) were two different kinds of agreements. First, while NAFTA focused entirely on trade and investments, the scope of AFTA was much broader, going beyond issues of trade and investments alone. Secondly, NAFTA was a lightly institutionalized regional trade agreement. There was no formal policy of institutional or policy development, and it lacked legislative instruments. Although ASEAN had a secretariat, its regional institutions remained weak in comparison to those of the European Union. Thirdly, the dispute-settlement mechanism in ASEAN was different from that of NAFTA. The ASEAN provisions were scattered over a number of documents and covered both economic (trade and investment) issues and other disputes (e.g., political or territorial), while NAFTA provisions were contained in a single document and could be applied only to matters related to trade and investments. Finally, although many studies presented trade liberalisation as a win-win proposition, the distribution of costs and benefits was mostly uneven. In the case of Canada, short-run gains in efficiency from expanded trade could be identified, but it was harder to determine longer-term dynamic gains. On the other hand, in the case of ASEAN, it was still grappling with the issue of the development divide, especially since the admission of Cambodia, Laos, Myanmar and Vietnam into the group.…

Seller Inventory # LU-9789814279147

Title
ASEAN-Canada Forum 2008
Author
ASEAN Studies Center
Publisher
ISEAS, SG
Publication year
2010
Condition
New
Binding
Paperback
Language
English
ISBN 10
9814279145
ISBN 13
9789814279147
Item weight
369 grams
Dimensions
15.24 x 1.47 x 22.86 cm

Rarewaves.com UK

London, United Kingdom

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