Abstract
Economists along with policy makers are generally viewing trade agreements as a “second best” process for trade expansion and economic growth on a global scale. The current surge of preferential trade arrangements on a bilateral basis, particularly in Asia, is somehow challenging such common view. The following paper is based on updated rough facts and put forward that the standard economic approach is a bit flawed. Obviously, the outcomes and prospects for Asian countries seem much more problematic insofar as power asymmetry and discrimination are embedded in these agreements.
Keywords
Citation
Milelli, C. (2005), "The surge of Preferential Trade Agreements acrossin Asia: What is at stake?", Journal of International Logistics and Trade, Vol. 3 No. 2, pp. 45-58. https://doi.org/10.24006/jilt.2005.3.2.045
Publisher
:Emerald Publishing Limited
Copyright © 2005 Jungseok Research Institute of International Logistics and Trade
License
This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited