Reform of Trade Liberalization in Chongqing Free Trade Area

Preferential Trade Liberalization:

Trade Liberalization and Employment

This paper reviews both multi-country and country studies on the impact of trade liberalization on growth and employment in developing countries. These studies reveal sharply contrasting effects of trade liberalization on employment, suggesting that country-specifi c and contingent factors are important. In particular, differences in how trade liberalization is implemented are particularly impo...

Perpetual Trade Liberalization

If the costs of going back on previously agreed tari¤ reductions are high relative to the terms of trade gains, then the multilateral liberalization process becomes ‘perpetual’. Perpetual trade liberalization has two unique characteristics. (i) No ‘e¢cient’ tari¤ level exists at which liberalization stops. (ii) Some liberalization must occur in every period. International agreements and institu...

Impact of ASEAN : China free trade area on trade flows

This paper estimates the impact of the ASEAN-China Free Trade Agreement on the trade flows between China and the ASEAN countries. A gravity model with FTA specification is used to estimate the treatment effect of ACFTA. Since there are other unobserved variables that correlate with both the trade flows between China–ASEAN and the decision to form ACFTA, a cross-sectional OLS regression runs the...

Projecting the Effects of Agricultural Trade Liberalization on Trade ,

Integration into the world economy has accelerated economic growth in many developing countries, providing an essential impetus to poverty reduction (IMF 2001). Continuing growth and integration of world markets, however, has reduced the distinction between domestic and international policies and provoked criticism of the trade-restricting measures of developed countries. The highly protected a...