Safta [electronic resource] : Living in a World of Regional Trade Agreements / Jose Daniel Rodríguez-Delgado.
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TextSeries: IMF Working Papers; Working Paper ; No. 07/23Publication details: Washington, D.C. : International Monetary Fund, 2007Description: 1 online resource (25 p.)ISBN: 1451865872 :ISSN: 1018-5941Subject(s): Customs Revenue | RTAs | SAFTA | Trade Agreements | Trade Barriers | Trade Flows | Bhutan | Sri LankaAdditional physical formats: Print Version:: Safta : Living in a World of Regional Trade AgreementsOnline resources: IMF e-Library | IMF Book Store Abstract: 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).
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).
Description based on print version record.
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