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| 1 |
ID:
133645
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| Publication |
2014.
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| Summary/Abstract |
This article studies the functioning of dispute settlement mechanisms in regional trade agreements (RTAs) and their interaction with multilateral trade institutions. We examine the determinants of formal dispute initiation in RTAs among South American countries. Using an original data set of RTA disputes, we investigate the impact of economic power disparities, domestic political factors, and previous experience on the decision of South American countries to initiate a dispute against a regional trade partner. Our analysis indicates that both power asymmetries and domestic political factors influence the likelihood of dispute initiation at the regional level. We also find strong support for our hypothesis that previous experience in dispute settlement increases the probability that a country will file a complaint against a regional trade partner using regional mechanisms. Perhaps more interestingly, our empirical analysis also uncovers important cross-institutional effects. Prior participation in WTO disputes increases the propensity of states to file complaints at the regional level.
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| 2 |
ID:
133741
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| Summary/Abstract |
Since the initiation of economic reforms in 1991, 'Look East Policy' has been a major component of India's trade diplomacy. During the first decade after inception of WTO, India relied heavily on the multilateral trade reforms for securing export growth, but slow progress of the Doha Round negotiations caused it to shift focus on the regional trade agreements (RTAs) instead from 2004 onwards. The Association of Southeast Asian Nations (ASEAN) in Southeast Asia emerged as India's natural trade partner with its lucrative market but the negotiations proved to be a complex exercise. The Indo-ASEAN Free Trade Agreement (FTA) covering merchandise products has boosted bilateral trade flows, but the balance of trade has improved in ASEAN's favour. The current article attempts to analyse the potential trade effects for India from its deepened trade relationship with ASEAN through the proposed Indo-ASEAN comprehensive economic cooperation agreement (CECA) covering trade in services and investment provisions.
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| 3 |
ID:
133742
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| Publication |
2014.
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| Summary/Abstract |
Since the initiation of economic reforms in 1991, 'Look East Policy' has been a major component of India's trade diplomacy. During the first decade after inception of WTO, India relied heavily on the multilateral trade reforms for securing export growth, but slow progress of the Doha Round negotiations caused it to shift focus on the regional trade agreements (RTAs) instead from 2004 onwards. The Association of Southeast Asian Nations (ASEAN) in Southeast Asia emerged as India's natural trade partner with its lucrative market but the negotiations proved to be a complex exercise. The Indo-ASEAN Free Trade Agreement (FTA) covering merchandise products has boosted bilateral trade flows, but the balance of trade has improved in ASEAN's favour. The current article attempts to analyse the potential trade effects for India from its deepened trade relationship with ASEAN through the proposed Indo-ASEAN comprehensive economic cooperation agreement (CECA) covering trade in services and investment provisions.
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