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The Expansion of AFTA: Widening and Deepening?

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  • Jayant Menon

Abstract

Regional trading arrangements (RTAs) have recently tended to both widen and deepen. This paper examines the impact of widening and assesses progress with deepening in the ASEAN Free Trade Area (AFTA). Widening of AFTA has seen its membership grow from six to nine countries (and perhaps ten in 1998). Widening has increased AFTA's diversity, with the emergence of a two-tier structure of developed and under-developed segments. An AFTA-Plus program is designed to deepen regional integration. Apart from harmonising customs procedures and tariff nomenclature, and fast-tracking a common customs valuation method, progress has been limited. Copyright Asia Pacific School of Economics and Management, The Australian National University and Blackwell Publishers Ltd, 1998.

Suggested Citation

  • Jayant Menon, 1998. "The Expansion of AFTA: Widening and Deepening?," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 12(2), pages 10-22, November.
    • Handle: RePEc:bla:apacel:v:12:y:1998:i:2:p:10-22
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    File URL: http://hdl.handle.net/10.1111/1467-8411.t01-1-00038
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    Cited by:

    1. Jayanthakumaran, Kankesu & Sanidas, Elias, 2005. "The Impact of Unilateral and Regional Trade Liberalisation on the Intra-ASEAN 5 Founding Nations' Exports and Export-GDP Nexus," Economics Working Papers wp05-14, School of Economics, University of Wollongong, NSW, Australia.

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