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Asia and Pacific > Maldives

You are looking at 1 - 2 of 2 items for :

  • Type: Journal Issue x
  • Balance of trade x
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Cover IMF Working Papers
Pacific Island Countries: In Search of a Trade Strategy
Hong Chen
,
Lanieta Rauqeuqe
,
Shiu raj Singh
,
Mr. Yiqun Wu
, and
Yongzheng Yang
International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been weak over the past decade with the exception of resource-rich countries. Small country size and remoteness from global economic centers may have contributed to this relatively poor performance. However, the emergence of Asia as a global economic center presents Pacific island countries with an unprecedented opportunity to develop trade with Asia, particularly in tourism for a number of PICs. Moreover, if a strong two-way linkage is established between tourism and agriculture, Pacific island countries stands a better chance to improve broad-based growth.
Keywords:
WP; PIC export; trade diversion; differentiated product; real GDP; Pacific island countries; trade; tourism; agriculture; inclusive growth; PIC merchandise import; destination PIC; PIC agriculture; PIC policymaker; export destination; trade performance; tourism product; trade growth; trade pattern; PIC economy; Exports; Imports; Comparative advantage; Trade balance; Global; Asia and Pacific; Australia and New Zealand; Pacific Islands; North America
Cover IMF Working Papers
Safta: Living in a World of Regional Trade Agreements
Jose Daniel Rodríguez-Delgado
The paper evaluates the South Asia Free Trade Agreement (SAFTA) within the global structure of overlapping regional trade agreements (RTAs) using a modified gravity equation. First, it examines the effects of the Trade Liberalization Program which started in 2006. SAFTA would have a minor effect on regional trade flows and the impact on custom duties would be a manageable fiscal shock for most members. Second, the paper ranks the trade effects of other potential RTAs for individual South Asian countries and SAFTA: RTAs with North American Free Trade Agreement (NAFTA) and the European Union (EU) dominate one with the Association of South East Asian Nations (ASEAN).
Keywords:
WP; trade creation; trade diversion; SAFTA; RTAs; Trade Liberalization; South Asia; India-Sri Lanka FTA; SAFTA tariff; SAFTA vis-à-vis; SAFTA trade effect; SAFTA member; Tariffs; Trade balance; Imports; Trade barriers; North American Free Trade Agreement