Free Trade Agreements and <scp>US</scp> Foreign Policy

Hundt, David

doi:10.1111/pafo.12048

Cited by 8 publications

(3 citation statements)

References 23 publications

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“…This indicates that the agreements were more like friendships or political agreements than actual economic trade deals. David Hundt advised that it is difficult to conclude the commercial success (trade-oriented outcomes) of FTAs established initially as foreign economic policy arrangements, caused by the political outlook of government authorities [ 42 ].…”

Section: Discussionmentioning

confidence: 99%

Have Bilateral Free Trade Agreements (BFTAs) been beneficial? Lessons learned from 11 U.S. BFTAs between 1992 and 2017

et al. 2022

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This study analyzes aggregate data on trade flows to examine the performance of bilateral free trade agreements (BFTAs) between the United States and 11 BFTA nations in a two-dimensional approach. In line with the literature, this study applies the gravity model and analyzes the effect of the treatment using Poisson pseudo-maximum likelihood (PPML) panel data from 1992 to 2017. We use the PPML as an alternative methodology to an ordinary least squares model, as it can treat zero trade values and lead to unbiased estimates and different consistencies. We consider the trade in goods but excluded services because of the different nature of trade for services. Moreover, this study highlights the quantitative performance of BFTAs without considering the industry level to compare the overall benefits for the trade flows from the U.S. as an exporter to BFTA countries and vice versa. It thus adds to the debate on the effect of FTAs on trade flows and conducts pre-FTA and post-FTA analyses to compare the volumes of exports and imports during both periods. Findings vary according to the direction of trade; notably, some trading partners increased their trading volume to 388%. In sum, this paper provides a collective current state assessment to demonstrate the most plausible reasons for the effects of the 11 BFTAs, in addition to informing policymakers on the lessons learned from each BFTA.

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Section: Discussionmentioning

confidence: 99%

Have Bilateral Free Trade Agreements (BFTAs) been beneficial? Lessons learned from 11 U.S. BFTAs between 1992 and 2017

et al. 2022

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“…It has a more positive impact on FTAs member countries. Almost all WTO members have joined in one or more regional trade agreements.Some scholar has referred that the United States has completed numerous FTAs,but the pattern of these agreements defies conventional explanations (Hundt, 2015).…”

Section: Literature Reviewmentioning

confidence: 99%

International practice analysis of the negative list: Chinese Example of shipping market access

Shi

2023

Front. Mar. Sci.

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The international shipping industry is unique and important. The negative list related to the opening up of the shipping industry is an important part of the reform and innovation of China’s pilot free trade zones. In recent years, as countries around the world continue to promote the process of opening up in the fields of trade and services, the negative list system has been used more in international investment and trade agreements. In the field of International Shipping, how to correctly grasp and apply the negative list system is an important topic. Starting with the general concept of the negative list system of shipping market access, this paper reviews and summarizes the developmental processes of the negative list of foreign capital market access in the shipping field since the establishment of Shanghai Pilot Free Trade Zone. It compares and analyzes the international contracting practice of the European Union and the United States as reflected in the negative list of shipping market access. It equally points out that the system connection between the negative list still existing in China’s shipping field and the international high standard negative list is not enough. It argues that the transparency of the negative list still needs to be further strengthened, as the rules behind the list and the awareness of its risk prevention are weak. In view of these hitches, this paper makes some suggestions that are tilted towards improving the negative list system of China’s shipping market access. It also continues the optimization of the negative list of shipping market access and the improvement of a conscious awareness aimed at avoiding the possible risks of the negative list. Finally, it makes a strong argument for a continuous improvement of China’s international shipping competitiveness.

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“…Ian Clark, Hegemony in International Society (New York: Oxford University Press, ); David Hundt, “Free Trade Agreements and US Foreign Policy,” Pacific Focus , 30‐2 (), pp. 151–172.…”

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confidence: 99%

Domestic Politics, Cultural Conflict, and Global Exposure: Perceptions of Intergovernmental Organizations Across Asia

Tsai

2017

Pacific Focus

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This study examines how Asian people conceive of the United Nations, World Bank, and International Monetary Fund, from three major arguments that have highlighted distinct sources of acceptance of, or distrust for, intergovernmental organizations (IOs). First, the outcome from multilevel analysis across eight Asian societies is supportive of the domestic proxies hypothesis, because the attitudes in favor of IOs parallel those developed from the evaluation of domestic politics with regard to democracy deficit, trust in government, and involvement in formal organizations. Second, in testing a cultural conflict hypothesis, religion produces a notable impact: Muslims, compared to Christians and Buddhists, are more reluctant to accept IOs. Third, an individual's transnational experiences do not generate impact, casting doubt on whether global exposure necessarily operates to form a preference toward the current global order. National economic and political conditions and foreign aid are also inspected for their "elevator effects."

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Free Trade Agreements and US Foreign Policy

Cited by 8 publications

References 23 publications

Have Bilateral Free Trade Agreements (BFTAs) been beneficial? Lessons learned from 11 U.S. BFTAs between 1992 and 2017

Have Bilateral Free Trade Agreements (BFTAs) been beneficial? Lessons learned from 11 U.S. BFTAs between 1992 and 2017

International practice analysis of the negative list: Chinese Example of shipping market access

Domestic Politics, Cultural Conflict, and Global Exposure: Perceptions of Intergovernmental Organizations Across Asia

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