This comprehensive Handbook provides an in-depth analysis of the nature of East Asian economic integration alongside thoughtful insights into contemporary issues, such as agricultural development, structural transformation and East Asian trade, alongside skills and human capital development policies of ASEAN. Contributors also provide detailed explanations on trade, poverty and Aid for Trade, institutional reforms, regulatory reform and measuring integration.
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"The trade-investment-service-intellectual property (IP) nexus remains at the heart of economic development and the main features of which are global value chains (GVCs) and digitalisation. The protection of intellectual property rights (IPR) has become a critical issue not only for advanced economies but also for emerging markets. This edited volume contributes to the debates on IPR protection and economic development from the perspective of Association of Southeast Asian Nations (ASEAN) member states. The book provides insights into the mechanism and evidence on how effective IPR protection will increase economic and social welfare via promoting innovation activities and providing incentives to diffuse knowledge and transfer technologies. Written by economists and lawyers from the region, these experts share their latest findings and thoughts on how countries in Southeast Asia have been progressively improving IPR protection and increasing the interoperability of different IPR regimes through regional cooperation to facilitate business operations in the context of digital transformation."
The negotiations between Japan and the EU over a free trade agreement are taking place during times in which global economic integration is increasingly questioned. With TTIP on hold and TTP no longer pursued by the US, a successful trade deal between two leading economic powers such as Japan and the EU would be a strong political message: economic integration between countries is still achievable and is favorable because of welfare gains for all participating parties. This report revisits the case for an EU-Japan free trade agreement, and provides estimates of its potential economic impact. It employs advanced quantitative methods to shed light on the economic effects that can be expected from a bilateral trade agreement between the EU and Japan. A key innovation in the proposed approach is to use the recently implemented EU-Korea free trade agreement as a benchmark and to employ the most recent available data in the simulation model. While a less ambitious trade liberalization, which is based only on tariff eliminations, is predicted to yield very low welfare benefits, economic gains turn out to be substantial if the negotiating parties pursue a comprehensive free trade agreement that would reduce non-tariff barriers across various sectors. A conservative estimate, which is modelled on the experience of the EU-Korea trade agreement, puts the welfare effects for Japan at about EUR 9 bn, which is equivalent to 0.23% of Japanese GDP in 2014. At the same time, the EU Member States can expect total income gains worth about EUR 11 bn per year. For Europe, simulations predict that the agreement would have positive value added effects in the pharmaceutical industry, in the food, beverages and tobacco, and in the motor vehicle industries. At the same time, some losses can be expected in the machinery industry. Amongst the services sectors, wholesale trade would benefit the most. In the area of services, minor losses are likely to appear in computer programming or the enter ; Die Verhandlungen über ein Freihandelsabkommen zwischen Japan und der EU finden zu einer Zeit statt, in der die globale wirtschaftliche Integration zunehmend infrage gestellt wird. Nachdem die US-Regierung TTIP und TPP nicht länger verfolgt, wäre der erfolgreiche Verhandlungsabschluss zwischen zwei führenden Wirtschaftsmächten mit einer starken politischen Botschaft verbunden: Ein Öffnen der Märkte zwischen Ländern ist nach wie vor möglich und auch wünschenswert, da es Wohlstandsgewinne für alle Beteiligten erzeugt. Die nachfolgende Studie untersucht ein Freihandelsabkommen der EU mit Japan und schätzt die zu erwartenden ökonomischen Effekte. Der gewählte Ansatz ist besonders innovativ, da er das jüngst errichtete Freihandelsabkommen der EU mit der Republik Korea als Benchmark benutzt und auf die aktuellsten verfügbaren Daten zurückgreift. Während ein weniger ambitioniertes Handelsabkommen, das lediglich Zollsenkungen beinhaltet, nur sehr geringe Wohlfahrtszuwächse verspräche, wären diese im Fall eines sehr umfangreichen Freihandelsabkommens, das auch nicht-tarifäre Handelsbarrieren sektorübergreifend reduziert, ungleich höher. Eine konservative Schätzung auf Basis der Erfahrung des EU-Korea-Abkommens ergibt einen Wohlfahrtsgewinn von 9 Mrd. Euro für Japan, was 0,23% der japanischen Wirtschaftsleistung entspricht. Gleichzeitig können die EU-Mitgliedstaaten einen aggregierten Wohlfahrtszuwachs von 11 Mrd. Euro erwarten. Für Europa berechnet das Simulationsmodell Wertschöpfungszuwächse im Pharmbereich, der Lebensmittel-, Getränke- und Tabakherstellung sowie im Automobilsektor. Gleichzeitig erlitten die Maschinenbauer Verluste. Unter den Dienstleistern würde der Großhandel am meisten gewinnen, während kleinere Verluste bei IT-Dienstleistern und der Unterhaltungsindustrie anfielen. Für Japan werden bedeutende Zuwächse in der Computer- und der Elektronikindustrie vorhergesagt, kleinere Gewinne können der Maschinenbau und ebenfalls die Automobilindustrie erwarten. Verluste hingegen konzentrieren sich auf die Pharmaindustrie und den Großhandel und - allerdings zu einem weit geringeren Ausmaß - auf die landwirtschaftlichen Sektoren und die Lebensmittelbranche. Mit Blick auf die aktuelle Entwicklung innerhalb der EU enthält die Studie auch die zusätzlichen Effekte eines Brexit-Szenarios, demzufolge das Abkommen für Japan mit einer EU ohne dem Vereinigten Königreich weit weniger interessant wäre.
On 9 december 2016, the upper house of Japan's parliament approved the Trans-Pacific Partnership (TPP). Prime Minister Shinzo Abe has pushed for the TPP's ratification despite US President Trump's decision to pull out the deal, insisting it would send a signal about Japan's continuing support to back global trade deals. With the Transatlantic Trade and Investment Partnership (TTIP), which the EU have been negotiating with the USA, equally in the 'freezer' (Commissioner Malmström), the chances are high that negotiations between the EU and Japan could now be quickly concluded after almost four years and 18 rounds of negotiations. Both the EU and Japan should have a strong incentive to fill the empty spot left by the withdrawal of the USA from global and regional trade talks.
Sato, Yuri: Overview of the seven years' experiment : what changed and what matters? Kimura, Fukunari: International production/distribution networks and Indonesia Hayashi, Mitsuhiro: Structural changes in Indonesian industry and trade : an input-output analysis Juwana, Hikmahanto: Reform of economics laws and its effects on the post-crisis Indonesian economy Sato, Yuri: Bank restructuring and financial institution reform in Indonesia Yonekura, Hitoshi: Institutional reform in Indonesia's food security sector : the transformation of BULOG into a public corporation Kato, Gaku: Forestry sector reform and distributional change of natural resource rent in Indonesia Matsui, Kazuhisa: Post-decentralization regional economies and actors : putting the capacity of local governments to the test Mizuno, Kosuke: The rise of labor movements and the evolution of the Indonesian system of industrial relations : a case study
The world trading system has been remarkably successful in many respects but is now under great strain. The causes are deep-seated and require a strategic response. The future of the system depends critically on reinvigorating the WTO and policy change in the largest trading nations. Important measures are required to sustain the multilateral trading system, and urgent action is needed to avoid a scenario where the system fragments. The worst scenarios will disrupt global trade and see a world which splinters into large trading blocs (most likely centered on China, the European Union and the United States) and where trade relations are based to a large extent on relative power instead of rules. In such a world the smallest players - especially those whose trade is least covered by bilateral or regional agreements - will be at the greatest disadvantage. All countries will incur enormous costs only to try and reinvent a system that is already in place today under the WTO.
AbstractThe world trading system has been remarkably successful in many respects but is now under great strain. The causes are deep‐seated and require a strategic response. The future of the system depends critically on reinvigorating the WTO and policy change in the largest trading nations. Important measures are required to sustain the multilateral trading system, and urgent action is needed to avoid a scenario where the system fragments. The worst scenarios will disrupt global trade and see a world which splinters into large trading blocs (most likely centered on China, the European Union and the United States) and where trade relations are based to a large extent on relative power instead of rules. In such a world the smallest players – especially those whose trade is least covered by bilateral or regional agreements – will be at the greatest disadvantage. All countries will incur enormous costs only to try and reinvent a system that is already in place today under the WTO.
