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An economic analysis of Korea-EU FTA and Japan-EU EPA / Masahiko Yoshii, Chae-Deug Yi, editors.

9789813361454 (electronic bk.)
981336145X (electronic bk.)
9813361441
9789813361447

Singapore : Springer, [2021]

English

1 online resource

10.1007/978-981-33-6145-4 doi

HF2036

337.4

This monograph compares two trade agreements among three important economic regions, namely, the KoreaEU free trade agree (FTA) and the JapanEU Economic Partnership Agreement (EPA). The two new types of agreements came into effect in the 2010s. They not only create more favorable trade and economic conditions in these regions but also produce spillover effects to bring about more comprehensive conditions in other area. First, the quantitative research for both agreements using the CGE model and a tentative analysis of the JapanEU EPA in the analysis show that both have already created positive impacts on all three economies by lifting or reducing tariff and non-tariff barriers. Such positive impacts are also expected to be felt by SMEs in these countries that are involved. Additionally, the high level of tariff and non-tariff liberalization in the two current agreements will make positive impacts on the negotiation of other FTAs and on WTO reform. The advantages of the FTA and EPA dealt with in this book are not restricted to these economic effects. As the agreements are comprehensive, they will create more favorable social conditions not only in these economic regions but in other areas of Asia as well.

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Online resource; title from PDF title page (SpringerLink, viewed March 29, 2021).

Kobe University monograph series in social science research.

Print version: 9789813361447

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