The Asian “Noodle Bowl”:Is It Serious for Business?

Published By: ADBI on eSS | Published Date: April, 01 , 2009

A lively debate is taking place over the impact of free trade agreements (FTAs) on East Asia's business between those who view the agreements as a harmful Asian "noodle bowl"—i.e., overlapping regional trade agreements—of trade deals and others who see net beneficial effects in terms of regional liberalization and a building block to multilateral liberalization. A lack of enterprise-level data has made it difficult to resolve the debate. Providing new evidence from surveys of 609 East Asian firms (in Japan, Singapore, Republic of Korea [hereafter Korea], Thailand, and Philippines), this paper seeks to address the critical question of whether the Asian noodle bowl of multiple overlapping FTAs is harmful to business activity, particularly for small- and medium-sized enterprises (SMEs).[ADBI WP NO 136]

Author(s): Masahiro Kawai, Ganeshan Wignaraja | Posted on: May 13, 2009 | Views(1334) | Download (1156)


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