This policy brief, issued as part of the Trade Insights series, examines the evolving economic partnership between Japan and the Association of South-East Asian Nations (ASEAN) and reviews prospects for the future in light of the establishment of the ASEAN Economic Community (AEC) in 2015.
Myanmar holds considerable promise, for businesses both domestic and foreign, as well as for development practitioners, confident of seeing a rapid transformation in economic conditions and quality of life in general. Nevertheless, while the country has attracted substantial interest from around the world, there are still many gaps in knowledge. In-depth information about the conditions facing the private sector, as well as the perspectives of the various members of the private sector, is still in the process of being uncovered.
The November 2014 Asia-Pacific Economic Cooperation (APEC) leaders’ meeting in Beijing has generated momentum behind the proposed Free Trade Area of the Asia-Pacific (FTAAP). This note reviews the prospects for the FTAAP which are strongly linked to progress in two other large regional trade agreements currently under discussion: the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP).
The Asia-Pacific Trade and Investment Report (APTIR) is a recurrent publication prepared by the Trade and Investment Division of the United Nations Economic and Social Commission for Asia and the Pacific. It provides information on and independent analyses of trends and developments in: (a) intra- and inter-regional trade in goods and services; (b) foreign direct investment; (c) trade facilitation measures; (d) trade policy measures; and (e) preferential trade policies and agreements.
This paper examines how freedom of transit and transit facilitation are addressed in trade and transport (as well as transit-specific) agreements in the ESCAP region. The objective is to identify good practices and understand the extent to which existing agreements meet the transit facilitation provisions set out in the draft text of the WTO trade facilitation agreement (TFA).
Edited by Ravi Ratnayake, Rajan Sudesh Ratna, Martina Francesca Ferracane and Yann Duval.
In the post-crisis world, new drivers of growth are required to drive further reductions in poverty. This new book from the Asia-Pacific Research and Training Network on Trade (ARTNeT) examines the role of trade facilitation measures in lowering barriers to trade and raising incomes. In addition to a review of relevant literature and theoretical findings, empirical case studies are presented from across the region including: Indonesia, Sri Lanka, Bangladesh, Thailand, and China.
The present document is based on the forthcoming Asia-Pacific Trade and Investment Report 2013 (henceforth the Report), which is the main substantive document prepared for the third session of the Committee on Trade and Investment. The Report comprises two parts. In the first part, there is a focus on trends and developments in trade in merchandise and commercial services, foreign direct investment flows, performance in trade facilitation, and reliance on preferential policies and trade agreements from an Asia-Pacific perspective.
ESCAP focuses on a number of areas of economic and social development in Asia and the Pacific. One of these is trade and investment – a vital engine for growth and integration. Recent decades have seen an enormous expansion in trade and investment flows in the Asia-Pacific region. Regional economies are increasingly part of global value chains. This has helped foster the economic dynamism that has lifted many from poverty and spread prosperity more widely. At the same time, however, too many individuals and communities remain excluded from the benefits of trade and investment.
This paper studies the linkages between international openness and inclusive growth, understood as better access to productive employment and entrepreneurship, the reduction of poverty and a more equal income distribution. It introduces the notion of inclusive trade as the linkages through which international integration can contribute to inclusive growth. Four dimensions of potential linkages are analyzed, namely: (i) aggregate employment and its distribution, (ii) aggregate productivity, (iii) poverty and income inequality, and (iv) equal opportunities.
Myanmar, which is one of the 13 least developed countries (LDCs) in Asia and the Pacific, is relatively rich in natural resources, has young workforce, and is close to the world’s most dynamic trading economies, including China and India. With an appropriate policy mix, improved business environment and a stable, but reformed political system, the country is expected to fulfill its considerable potential and move ahead with delivering on economic development.