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Safta Living in a World of Regional Trade Agreements

The paper evaluates the South Asia Free Trade Agreement (SAFTA) within the global structure of overlapping regional trade agreements (RTAs) using a modified gravity equation. First, it examines the effects of the Trade Liberalization Program which started in 2006. SAFTA would have a minor effect on...

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Bibliographic Details
Main Author: Rodríguez-Delgado, Jose Daniel
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2007
Series:IMF Working Papers
Subjects:
Economic Integration
Balance Of Trade
Tariff
Tariffs
North American Free Trade Agreement
International Trade Organizations
Commercial Treaties
Public Finance & Taxation
Taxes
Trade Policy
Trade: Forecasting And Simulation
Trade Balance
Trade: General
Exports And Imports
International Economics
Commercial Policy
International Trade
Trade Barriers
Empirical Studies Of Trade
Taxation
Imports
Sri Lanka
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The paper evaluates the South Asia Free Trade Agreement (SAFTA) within the global structure of overlapping regional trade agreements (RTAs) using a modified gravity equation. First, it examines the effects of the Trade Liberalization Program which started in 2006. SAFTA would have a minor effect on regional trade flows and the impact on custom duties would be a manageable fiscal shock for most members. Second, the paper ranks the trade effects of other potential RTAs for individual South Asian countries and SAFTA: RTAs with North American Free Trade Agreement (NAFTA) and the European Union (EU) dominate one with the Association of South East Asian Nations (ASEAN)
Physical Description:25 pages
ISBN:9781451865875

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