EU-Asia Free Trade Areas? Economic and Policy Considerations

Published By: Asian Development Bank Institute | Published Date: November, 22 , 2010

This paper analyses key aspects of the changing economic relationship between the European Union (EU) and Asia, and explored the potential economic ramifications of deeper EU-Asian economic cooperation. The paper also investigated the possible costs to the EU of remaining “disengaged” from the Asian integration process and the likely impact of multi-nested EU-Asian trade agreements. The empirical review of CGE models revealed trivial effects of several possible EU-Asian accords (e.g., EU-India, EU-ASEAN, EU-Republic of Korea). [ADBI Working Paper Series No. 255] URL: [http://www.adbi.org/files/2010.12.03.wp255.eu.asia.free.trade.areas.pdf]

Author(s): Michael Plummer | Posted on: Aug 22, 2011 | Views(516) | Download (106)


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