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Jeffrey J. Schott, Cathleen Cimino-Isaacs

Despite a lack of consensus among Korea, Korean official recognize that -- sooner or later -- Korea will need to be part of the Trans-Pacific Partnership (TPP). Jreffrey J. Schott and Cathleen Cimino-Isaacs conclude that Korea should seek to join the TPP as soon as possible if it can manage its bilateral trade issues with Japan in a pragmatic way.

Jeffrey J. Schott

Korea's decision to delay joining the Trans-Pacific Partnership (TPP) talks was a tactical mistake. It is now left with primarily two options to participate: (1) ask to join the TPP, if possible between signature and entry into force, or (2) accede to the TPP after the agreement is ratified and goes into effect -- either alone or as part of a group of countries seeking TPP membership.

Jeffrey J. Schott, Euijin Jung, Cathleen Cimino-Isaacs

Of all the free trade agreements (FTAs) concluded by Korea with its major trading partners since the turn of the century, the Korea-China FTA may the largest in trade terms. it is, however, far from the best in terms of the depth of liberalization and the scope of obligations on trade and investment policies.

Shintaro Hamanaka

There has been much confusion, rather than debate, on the use of free trade agreements (FTAs). Unfortunately, a large part of the confusion is caused by the absence of consensus on the meaning of key terms such as the “utilization rate” and “usage rate” of FTAs, and the lack of knowledge on upward or downward biases from various information sources regarding the use of FTAs.

Hans-Peter Brunner

Economic corridors connect economic agents along a defined geography. They provide important connections between economic nodes or hubs that are usually centered in

Konstantin M. Wacker, Philipp Großkurth, Tabea Lakemann

This paper addresses in more detail the question raised in Wacker (2011b): why does foreign direct investment (FDI) generally have a positive impact on developing countries’ terms of trade except in the case of South Asia?

Sung Heun Ha, Sang Won Lim

This working paper discusses on how to facilitate integration of international supply chain using paperless trade in the Asia-Pacific Region. The paper defines paperless trade and describes how paperless trade can improve efficiency of international supply chain.

Shintaro Hamanaka

At the Ninth Ministerial Conference of the World Trade Organization (WTO) held in Bali on 3–6 December 2013, the ministers agreed upon the WTO Agreement on Trade facilitation

Simon Evenett

The resort to discrimination in the Latin American and Caribbean (LAC) region against foreign commercial interests is documented in this paper and compared to aggregate statistics for worldwide policy choice and for a comparator group of developing countries in the Asia Pacific region.

Donghyun Park, Marcus Noland

This book analyzes the current state of the region's service sector, the salient barriers to service sector development, and the prospects for the sector to serve as an engine for inclusive growth. The guiding principle for Asian policy makers must be to create more competitive service markets by breaking down regulatory barriers which protect vested interests.