| ID | 090112 |
| Title Proper | Prospects for ASEAN-China free trade area |
| Other Title Information | a qualitative and quantitative analysis |
| Language | ENG |
| Author | Park, Donghyun ; Park, Innwon ; Estrada, Gemma Esther B. |
| Publication | 2009. |
| Summary / Abstract (Note) | The current global financial and economic crisis is giving new life to initiatives that promote closer economic integration among East Asian countries. A significant example is the ASEAN-China Free Trade Area (ACFTA), which is set to come into effect around 2010. ACFTA aims to boost trade between two economies that are partners as well as competitors: ASEAN and China. In the present paper, we use insights from customs union theory in a qualitative analysis considering whether ACFTA would benefit both sides. We also apply a computable general equilibrium model to perform a quantitative analysis of the same issue. Both our qualitative and quantitative analyses provide grounds for guarded optimism regarding ACFTA's prospects as a vehicle for strengthening the economic partnership between ASEAN and China. |
| `In' analytical Note | China and World Economy Vol. 17, No. 4; Jul-Aug 2009: p104-120 |
| Journal Source | China and World Economy Vol. 17, No. 4; Jul-Aug 2009: p104-120 |
| Key Words | ASEAN ; China ; Computable General Equilibrium Model ; Economic Integration ; Free Trade Area ; ACFTA ; Trade Realations |