Advertisement

The ECFA

A Pending Trade Agreement?
  • Tsai-Lung (Honigmann) Hong

Abstract

The proliferation of FTAs (free trade agreements) worldwide, particularly in East Asia, jeopardizes Taiwan that has been left behind due to China’s boycott.1 Over the past decades, Taiwan has adopted an export-led strategy to foster sustainable growth. This suggests that signing regional trade agreements (RTAs)2 and/or FTAs is crucial to the economic development of Taiwan. It’s understandable that the opinion about how to break this “Chinese knot” is severely divided in Taiwan.

Keywords

World Trade Organization Trade Agreement Free Trade Agreement Foreign Direct Investment Inflow Early Harvest 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Baldwin, Richard. 2006. “Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade.” World Economy, Vol. 29, No. 11: 1451–1518CrossRefGoogle Scholar
  2. Bhagwati, Jagdish. 2008. Termites in the Trading System (Oxford: Oxford University Press).CrossRefGoogle Scholar
  3. Bhagwati, J., and T. N. Srinivasan. 1996. “Trade and the Environment: Does Environmental Diversity Detract from the Case for Free Trade?” in J. Bhagwati and R. E. Hudec, eds., Fair Trade and Harmonization: Prerequisites for Free Trade? Vol. 1 (Cambridge, MA: MIT Press,), pp. 159–223.Google Scholar
  4. Capello, Roberta. 2007. Regional Economics (Routledge: London and New York).Google Scholar
  5. Cheong, Inkyo. 2003. “Regionalism and Free Trade Agreement in East Asia”, Asian Economic Papers, Vol. 2, No. 2: 145–80.CrossRefGoogle Scholar
  6. Christy, David S. 2008. “The Problems Facing the Doha Development Agenda.” Global Economy Journal, Vol. 8, No. 2: Article 6.Google Scholar
  7. CIER. 2009a. “Assessment of Economic Impacts of ECFA” (in Chinese), Project report, No. 9812-W-1064F, Taipei: Chung-Hua Institution for Economic Research.Google Scholar
  8. CIER 2009b. “Assessment of Economic Impacts of ECFA” (in Chinese), Taipei: Chung-Hua Institution for Economic Research. See http://www.ecfa.org.tw/EcfaAttachment/ECFADoc/05.pdf. Accessed on June 4, 2011.Google Scholar
  9. Cooper, Richard. 1985. “Economic Interdependence and Coordination of Economic Policies”, in R. Jones and P. Kenen, eds., Handbook of International Economics, 2 vols. (Amsterdam: North-Holland).Google Scholar
  10. Dreyer, Iana, Fredrik Erixon, Hosuk Lee-Makiyama, and Razeen Sally. 2010. “Beyond Geopolitics-the Case for a Free Trade Accord between Europe and Taiwan”, ECIPEGoogle Scholar
  11. Occasional Paper, No.3/2010, see http://www.ecipe.org/publications/ecipe-occasional-papers/beyond-geopolitics-the-case-for-a-free-trade-accord-between-europe- and-taiwan. Accessed on May 31, 2011).
  12. Enright, Michael, Edith E. Scott, and Ka-mun Chang. 2005. Regional Powerhouse: the Greater Pearl River Delta and the Rise of China (Singapore: John Wiley & Sons).Google Scholar
  13. Fiorentino, Roberto V., Luis Verdeja, and Christelle Toqueboeuf. 2007. “The Changing Landscape of Regional Trade Agreements”, 2006 Update, Discussion Paper No. 12, Trade Policies Review Division, World Trade Organization.Google Scholar
  14. Frankel, Jeffrey, Ernesto Stein, and Shang-Jin Wei. 1995. “Trading Blocs and the Americas: The Natural, the Unnatural, and the Super-Natural”, Journal of Development Economics, Vol. 47, No. 1: 61–95.CrossRefGoogle Scholar
  15. Frost, Ellen L. 2008. Asia’s New Regionalism (London: Lynne Rienner).Google Scholar
  16. Goode, Walter. 2005. “Negotiating Free-Trade Agreements: A Guide”, Canberra: Dept. of Foreign Affairs and Trade, Australian Government. See http://www.dfat.gov.au/publications/negotiating_ftas/negotiating_ftas.pdf. Accessed on June 1, 2011.
  17. Hoekman, Bernard M., and Michel M. Kostecki. 2009. The Political Economy of the World Trading System: The WTO and Beyond (Oxford: University Press).Google Scholar
  18. Hong, T. L. Hongimann, and Yang, Chih-Hai. 2011. “The Economic Cooperation Framework Agreement between China and Taiwan: Understanding the Economics and Politics of ECFA”, Asian Economic Papers, Vol. 10, No. 3: 79–96.CrossRefGoogle Scholar
  19. Jovanovic, Miroslav N. 2001. Geography of Production and Economic Integration. Routledge: London and New York.CrossRefGoogle Scholar
  20. Krasner, Stephen D. 1999. Sovereignty: Organized Hypocrisy (New Jersey: Princeton University Press).CrossRefGoogle Scholar
  21. Krugman, Paul. 1991. “Is Bilateralism Bad?” In E. Helpman and A. Razin, eds., International Trade and Trade Policy (Cambridge, MA: MIT Press).Google Scholar
  22. Lampton, D. 2008. The Three Faces of Chinese Power: Might, Money and Minds (London: University of California Press).Google Scholar
  23. Lawrence, Z. Robert. 2008. “China and the Multilateral Trading System”, in Barry Eichengreen, Charles Wyplosz, and Chul Park, eds., China, Asia and the New World Economy (Oxford: Oxford University Press).Google Scholar
  24. Machlup, Fritz. 1977. A History of Thought on Economic Integration (New York: Macmillan).Google Scholar
  25. Mathis, James H. 2002. “Modern Regionalism”, in Regional Trade Agreements in the GATT/WTO: Article XXIV and the Internal Trade Requirement. (The Hague: T.M.C. Asser Press), pp. 127–43.CrossRefGoogle Scholar
  26. Messerlin, Patrick A. 2008. “Why Small Countries Turn to Bilaterals?” In Bruce Blonigen, Alan V. Deardorff et al., eds., Monitoring International Trade Policy: A New Agenda for Reviving the Doha Round (London: Centre for Economic Policy Research).Google Scholar
  27. Schiff, Maurice, and Allen Winters. 2003. Regional Integration and Development (Washington, DC: World Bank and Oxford University Press).CrossRefGoogle Scholar
  28. Steil, Benn, and Robert E. Litan. 2006. Financial Statecraft-The Role of Financial Markets in American Foreign Policy (New Heaven: Yale University Press).Google Scholar
  29. WTO. 2007. “The Challenge of Regionalism”, in World Trade Report 2007: Six Decades of Multilateral Trade Cooperation, pp. 304–20, http://www.wto.org/english/res_E/booksp_E/anrep_E/world_trade_report07_E.pd. Accessed on May 31, 2011.
  30. Zhang, Yunling. 2010. “The Impact of Free Trade Agreements on Business Activity: A Survey of Firms in the People’s Republic of China”, ADBI Working Paper Series, No. 251, October 2010. Asian Development Bank Institute.Google Scholar

Copyright information

© Peter C. Y. Chow 2012

Authors and Affiliations

  • Tsai-Lung (Honigmann) Hong

There are no affiliations available

Personalised recommendations