The ASEAN Free Trade Agreement: Precipitating Causes and Future Consequences

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Authors
Brooks, Stephen G.
Subjects
Advisors
Date of Issue
1993-12
Date
1993-12
Publisher
Monterey, California. Naval Postgraduate School
Language
en_US
Abstract
This paper examines (1) the transformations in the international economy that led to the ASEAN (Association of Southeast Asian Nations) Free Trade Agreement and (2) the factors working in favor and against the agreement's implementation. The underlying motivation for AFTA is examined in terms of being a reaction to the rise of the European Community and the North American Free Trade Agreement, which led to fears of reduced foreign investment, trade diversion, diminished bargaining power in negotiations, and lower international competitiveness. The implementation of AFTA is discussed as being constrained by a lumber of factors, including regional security tensions, product exclusions, long lead time, uneven levels of development, insufficient coordination of external policy, as well as lack of treatment of NTBs, subsidies and government procurement practices.
Type
Technical Report
Description
Series/Report No
Department
National Security Affairs
Identifiers
NPS Report Number
NPS-NS-93-004
Sponsors
Chief of Naval Operations
Funder
OP-60
Format
25 p. ; 28 cm.
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
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