What Explains South Korean Interest in FTA Partners?

Rosenbaum, Chika Yamamoto; Krieckhaus, Jonathan

doi:10.1525/as.2016.56.5.982

Cited by 4 publications

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“…The value ranges from 20 (for a pair of completely autocratic states) to 20 (for a pair of fully democratic states). Numerous studies have shown that a pair of democracies is more likely to enter PTAs because democratic leaders utilize PTAs to increase public support for their political tenures (Drury, Krieckhaus & Yamamoto, 2014;Liu, 2008;Mansfield et al, 2002;Yamamoto Rosenbaum & Krieckhaus, 2016). At the same time, several studies suggest that highly democratic countries are prone to choose bilateral PTAs over multilateral PTAs, as bilateral PTAs can bring deals more customized to benefit member states and, therefore, find it easier to pass a long ratification process at home (Levy, 1997;Mansfield & Milner, 2012;Molders, 2012).…”

Section: Methodsmentioning

confidence: 99%

RCEP or TPP? An Empirical Analysis Based on Global Experience

Rosenbaum¹

2018

Asian Politics and Policy

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The Trans‐Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP) are two of the most discussed preferential trade agreements (PTAs) in the 21st century. However, the future of these PTAs—whether they will be implemented—still remains mired in debate. This paper empirically explores various factors contributing to the development of the agreements based on the recent patterns of multilateral PTAs across the globe. It also discusses the Comprehensive and Progressive Trans‐Pacific Partnership (CPTPP), for which negotiations have just begun among the TPP members, without the United States. The analysis reveals both political and economic factors that affect the complex situation surrounding these PTAs. In addition, a trilateral PTA among China, Japan, and South Korea may help promote the implementation of the RCEP. The chances of the CPTPP forming are higher than that of the TPP, which means the TPP is likely to form without the United States.

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Section: Methodsmentioning

confidence: 99%

RCEP or TPP? An Empirical Analysis Based on Global Experience

Rosenbaum¹

2018

Asian Politics and Policy

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Strategic choices of bilateral and multilateral preferential trade agreements: empirical analysis

Rosenbaum

2018

Japanese Journal of Political Science

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The rapid proliferation of preferential trade agreements (PTAs) has prompted numerous studies on why states seek PTAs. However, very little research examines why states vary in choosing different forms of PTAs, while states’ decisions to enter bilateral or multilateral PTA affect the global, regional, and national political economies. This paper thus finds global patterns regarding which pairs of states are more likely to enter bilateral or multilateral PTAs. Based on a wide range of existing research, the paper begins with hypothesizing different effects of economic and political factors that give rise to these PTAs during the last two decades. The empirical analysis then tests these hypotheses. The result shows stark differences in pairs of states joining the two types of PTAs. Bilateral PTAs are more likely to develop between democratic states with a large market size and the World Trade Organization (WTO) membership. Multilateral PTAs tend to form between less democratic states with greater political affinity.

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Development Power Theory: The South Korean Case

Heo

Roehrig

2018

Pacific Focus

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Despite the ties between politics and economics, little attention has been given to how economic development affects foreign policy. To fill the gap in the literature, Heo and Roehrig developed a theoretical framework, linking economic development and foreign relations. We refine the theory and name it development power theory, which is based on the logic that economic development influences a country's foreign policy in three broad directions: (i) it encourages a transition to democracy that leads to elite changes and foreign‐policy modification; (ii) it provides more resources and a larger set of tools to be used to pursue a broader set of national interests; and (iii) it enhances pride and ambition among state leaders and the public, resulting in a stronger military and a greater role in international affairs. Then, we apply the theory to the South Korean case.

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What Explains South Korean Interest in FTA Partners?

Cited by 4 publications

References 0 publications

RCEP or TPP? An Empirical Analysis Based on Global Experience

RCEP or TPP? An Empirical Analysis Based on Global Experience

Strategic choices of bilateral and multilateral preferential trade agreements: empirical analysis

Development Power Theory: The South Korean Case

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