GTAP Resources: Resource Display
GTAP Resource #1113 |
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"China and the WTO: Beginning of the End for East Asian Regionalism?" by Roland-Holst, David and Dominique van der Mensbrugghe Abstract In this paper, we examine these issues empirically, using a multi-country dynamic CGE model to appraise a variety of East Asian trade regimes as they might evolve over the next fifteen years. Our results indicate that the greatest national, regional, and global, gains would accrue if all countries in the region followed China's example and, more generally, that regionalism may be inferior to or even incompatible with globalization. Economies that cling to regional arrangements too long may experience more costly structural adjustments on the path to open multilateralism. |
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- Asia (East) |
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Last Modified: 9/15/2023 1:05:45 PM