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dc.contributor.authorBandara, JS
dc.contributor.authorYu, W
dc.contributor.editorDavid Greenaway
dc.date.accessioned2017-05-03T12:13:09Z
dc.date.available2017-05-03T12:13:09Z
dc.date.issued2003
dc.date.modified2007-03-15T21:30:56Z
dc.identifier.issn0378-5920
dc.identifier.doi10.1046/j.1467-9701.2003.00574.x
dc.identifier.urihttp://hdl.handle.net/10072/6373
dc.description.abstractThe proliferation of preferential trading agreements (PTAs) in different regions of the world has been a significant development over the last two decades. South Asian countries have been slowly moving towards a South Asia Free Trade Area (SAFTA) in recent years. The desirability of SAFTA has been questioned by some observers recently. Will SAFTA create gains for its members or not? Is it better for South Asian countries to promote non-discriminatory trade liberalisation rather than SAFTA? The main objective of this paper is to address the above questions, especially the desirability of SAFTA, using a global computable general equilibrium (CGE) model. From the existing empirical and theoretical studies, we have identified three viewpoints on the desirability (or viability) of SAFTA: pessimistic, optimistic, and moderate. The results from two policy scenarios (unilateral liberalisation and SAFTA) confirm the pessimistic view by showing that unilateral liberalisation would benefit South Asian countries much more than preferential liberalisation (SAFTA). In fact, under preferential liberalisation, small countries in the region would gain little or even lose. The present political climate in South Asia also seems to support the pessimistic view.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherBlackwell Publishing
dc.publisher.placeLondon
dc.publisher.urihttp://www.blackwell-synergy.com/doi/abs/10.1046/j.1467-9701.2003.00574.x
dc.relation.ispartofpagefrom1293
dc.relation.ispartofpageto1323
dc.relation.ispartofissue9
dc.relation.ispartofjournalThe World Economy
dc.relation.ispartofvolume26
dc.subject.fieldofresearchApplied economics
dc.subject.fieldofresearchPolicy and administration
dc.subject.fieldofresearchcode3801
dc.subject.fieldofresearchcode4407
dc.titleHow Desirable is the South Asian Free Trade Area? A Quantitative Economic Assessment
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.rights.copyright© 2003 Blackwell Publishing. The definitive version is available at [www.blackwell-synergy.com.]
gro.date.issued2003
gro.hasfulltextNo Full Text
gro.griffith.authorBandaralage, Jayatilleke


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