IDEAS home Printed from https://ideas.repec.org/a/eee/asieco/v35y2014icp46-64.html
   My bibliography  Save this article

Does AFAS have bite? Comparing services trade commitments with actual practice

Author

Listed:
  • Dee, Philippa

Abstract

The paper reviews the commitments achieved so far in selected sectors under the ASEAN Framework Agreement on Services (AFAS), and compares these commitments with actual regulatory practice. The aim is to identify whether significant services trade liberalization has been achieved in reality, rather than merely on paper. The paper also identifies the sticking points, and assesses whether current services trade restrictions remain uncommitted because of sectoral sensitivities, features of the negotiating framework, or gaps in the broader regulatory environment. In each of the sectors examined, there are examples of all three problems. The paper concludes with suggestions for additional directions that could be taken and negotiating strategies that could be employed to deal with these problems, and thus accelerate the reform process towards an ASEAN Economic Community.

Suggested Citation

  • Dee, Philippa, 2014. "Does AFAS have bite? Comparing services trade commitments with actual practice," Journal of Asian Economics, Elsevier, vol. 35(C), pages 46-64.
    • Handle: RePEc:eee:asieco:v:35:y:2014:i:c:p:46-64
    DOI: 10.1016/j.asieco.2014.09.003
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1049007814000700
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.asieco.2014.09.003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Barth, James R. & Marchetti, Juan A. & Nolle, Daniel E. & Sawangngoenyuang, Wanvimol, 2006. "Foreign banking: Do countries' WTO commitments match actual practices?," WTO Staff Working Papers ERSD-2006-11, World Trade Organization (WTO), Economic Research and Statistics Division.
    2. Roy, Martin & Marchetti, Juan & Lim, Hoe, 2006. "Services liberalization in the new generation of Preferential Trade Agreements (PTAs): How much further than the GATS?," WTO Staff Working Papers ERSD-2006-07, World Trade Organization (WTO), Economic Research and Statistics Division.
    3. Stephenson, Sherry M., 2002. "Regional versus multilateral liberalization of services," World Trade Review, Cambridge University Press, vol. 1(2), pages 187-209, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:prg:jnlpep:v:preprint:id:652:p:1-17 is not listed on IDEAS

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Philippa Dee & Anne McNaughton, 2013. "Promoting Domestic Reforms through Regionalism," World Scientific Book Chapters, in: Services Trade Reform Making Sense of It, chapter 14, pages 381-427, World Scientific Publishing Co. Pte. Ltd..
    2. World Bank, 2007. "East Asian FTAs in Services," World Bank Publications - Reports 19240, The World Bank Group.
    3. Innwon Park & Soonchan Park, 2011. "Regional Liberalisation of Trade in Services," The World Economy, Wiley Blackwell, vol. 34, pages 725-740, May.
    4. Joseph Francois & Bernard Hoekman, 2010. "Services Trade and Policy," Journal of Economic Literature, American Economic Association, vol. 48(3), pages 642-692, September.
    5. de Melo, Jaime & Vijil, Mariana, 2014. "Barriers to Trade in Environmental Goods and Environmental Services: How Important Are They? How Much Progress at Reducing Them?," Climate Change and Sustainable Development 172425, Fondazione Eni Enrico Mattei (FEEM).
    6. Bernard Hoekman & Aaditya Mattoo & André Sapir, 2007. "The political economy of services trade liberalization: a case for international regulatory cooperation?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 23(3), pages 367-391, Autumn.
    7. Panizzon, Marion, 2010. "Standing Together Apart: Bilateral Migration Agreements and the Temporary Movement of Persons under “Mode 4” of GATS," Papers 34, World Trade Institute.
    8. Arpita Mukherjee & Paramita Deb Gupta & Prerna Ahuja, 2007. "Indo-U.S. FTA - Prospects for Audiovisual Services," Trade Working Papers 22232, East Asian Bureau of Economic Research.
    9. Lalanne, Alvaro, 2019. "Tendencias del sistema de comercio exterior relevantes para analizar la inserción internacional del Uruguay," Estudios y Perspectivas – Oficina de la CEPAL en Montevideo 45020, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    10. Bala Ramasamy & Matthew Yeung, 2007. "Malaysia – Trade Policy Review 2006," The World Economy, Wiley Blackwell, vol. 30(8), pages 1193-1208, August.
    11. Lodefalk, Magnus, 2017. "Servicification of Firms and Trade Policy Implications," World Trade Review, Cambridge University Press, vol. 16(1), pages 59-83, January.
    12. Lorenzo Esposito, 2014. "Con Annibale alle porte. L'internazionalizzazione del sistema bancario e il caso italiano," Moneta e Credito, Economia civile, vol. 67(266), pages 311-338.
    13. Philippa Dee, 2008. "The role of microeconomic policy reform in regional integration  analytical and empirical issues," EABER Working Papers 21793, East Asian Bureau of Economic Research.
    14. Ivana Prica & Jelica Petrović Vujačić, 2010. "Financial Services Liberalisation in Transition Countries and the Role of the WTO," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 57(4), pages 487-501, December.
    15. Sameh Jouida, 2019. "Bank capital structure, capital requirements and SRISK across bank ownership types and financial crisis: panel VAR approach," Review of Quantitative Finance and Accounting, Springer, vol. 53(1), pages 295-325, July.
    16. Baccini, Leonardo & Dür, Andreas & Elsig, Manfred & Milewicz, Karolina, 2011. "The design of preferential trade agreements: A new dataset in the Making," WTO Staff Working Papers ERSD-2011-10, World Trade Organization (WTO), Economic Research and Statistics Division.
    17. Mao, Rui & Liu, Yuhang & Wang, Xiaoxi, 2023. "Economic and environmental impacts of agricultural non-tariff measures: evidence based on ad valorem equivalent estimates," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 26(3), January.
    18. International Monetary Fund, 2005. "Eastern Caribbean Currency Union: Selected Issues," IMF Staff Country Reports 2005/305, International Monetary Fund.
    19. Nyahoho Emmanuel, 2010. "Determinants of Comparative Advantage in the International Trade of Services: An Empirical Study of the Hecksher-Ohlin Approach," Global Economy Journal, De Gruyter, vol. 10(1), pages 1-24, February.
    20. Dorothée Rouzet & Hildegunn Kyvik Nordås & Frédéric Gonzales & Massimo Geloso Grosso & Iza Lejárraga & Sébastien Miroudot & Asako Ueno, 2014. "Services Trade Restrictiveness Index (STRI): Financial Services," OECD Trade Policy Papers 175, OECD Publishing.

    More about this item

    Keywords

    ASEAN Framework Agreement on Services; Services trade policy; Regulatory policy; Regulatory environment; Actual practice;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:asieco:v:35:y:2014:i:c:p:46-64. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/asieco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.