We document key features of the deepening economic relationship between Brazil and China. These include sharply increased bilateral trade and foreign direct investment flows and also enhanced ...cohesion of negotiating positions in international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil's largest export market whereas Brazil's export share to the USA has halved over this period. The number of bilateral cooperation agreements between the two countries has also significantly increased in recent years. Projections of future trade flows using current growth rates suggest that China will soon become the dominant trade partner for Brazil. PUB ABSTRACT
A number of recent events-especially attempts to negotiate a bilateral trade agreement and Australia's participation in the conflicts in Afghanistan and Iraq-have thrown Australia's relationship with ...the United States into sharp relief. While this relationship has historically enjoyed strong bilateral endorsement, such uncritical support is beginning to unravel. At the very least, the relationship is being subjected to a renewed, more critical scrutiny. This paper argues that a dispassionate analysis of the relationship is appropriate and overdue. Not only are the benefits that accrue to 'Australia' from the relationship debateable, even when judged within the limited calculus of the 'national interest', but Australia's uncritical support for US foreign policy is also helping to entrench potentially damaging aspects of American foreign policy and- somewhat ironically-undermining the legitimacy of its pre-eminent 'hege monic' position.
Since the establishment of China-EEC (EU) diplomatic relation, China-EEC (EU) economic relationship has developed very fast. During the past ten years, China-EU relationship experienced continuous ...upgrading, entering into its best period. The factors influencing China-EU relation have been turning to the favorable side, and meanwhile, issues such as anti-dumping are hampering China-EU economic relationship. Balancing all factors, China-EU economic relationship is potentially great.
We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply increased bilateral trade and foreign direct investment flows and also from ...enhanced cohesion of negotiating positions in international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil’s largest export market while Brazil’s export share to the US has halved. The number of bilateral cooperation agreements between the two countries has also significantly increased in recent years. Projections of future trade flows using current growth rates suggest that China will become the dominant trade partner for Brazil surprisingly soon.
In this paper, we analyzed key aspects of the changing economic relationship between the European Union (EU) and Asia, and explored the potential economic ramifications of deeper EU-Asian economic ...cooperation. We also investigated the possible costs to the EU of remaining “disengaged†from the Asian integration process and the likely impact of multi-nested EU-Asian trade agreements. Our empirical review of CGE models revealed trivial effects of several possible EU-Asian accords (e.g., EU-India, EU-ASEAN, EU-Republic of Korea). In part, this is a result of relatively small trade shares, open markets, and restrictions in the models, particularly in that they excluded behind-the-border effects. We also presented two CGE models that estimated the potential negative effects of Asian/Asia-Pacific regional accords on the EU, and likewise found small effects. Nevertheless, using a highly-disaggregated (partial-equilibrium) approach, we argued that high-quality FTAs in Asia could be quite detrimental to the EU, particularly in key sectors. The push toward a Free Trade Area of the Asia Pacific could be particularly worrisome to the EU. We therefore concluded that it makes sense for the EU to be more aggressive in pursuing prospective trade agreements with Asia.
In this paper, we analyzed key aspects of the changing economic relationship between the European Union (EU) and Asia, and explored the potential economic ramifications of deeper EU-Asian economic ...cooperation. We also investigated the possible costs to the EU of remaining “disengaged†from the Asian integration process and the likely impact of multi-nested EU-Asian trade agreements. Our empirical review of CGE models revealed trivial effects of several possible EU-Asian accords (e.g., EU-India, EU-ASEAN, EU-Republic of Korea). In part, this is a result of relatively small trade shares, open markets, and restrictions in the models, particularly in that they excluded behind-the-border effects. We also presented two CGE models that estimated the potential negative effects of Asian/Asia-Pacific regional accords on the EU, and likewise found small effects. Nevertheless, using a highly-disaggregated (partial-equilibrium) approach, we argued that high-quality FTAs in Asia could be quite detrimental to the EU, particularly in key sectors. The push toward a Free Trade Area of the Asia Pacific could be particularly worrisome to the EU. We therefore concluded that it makes sense for the EU to be more aggressive in pursuing prospective trade agreements with Asia.
The greatest friction in trade and fishery between Japan and New Zealand was the Total Economic Relationship, which was insisted by the PM of NZ. NZ wanted to export dairy foods in exchange for ...admitting fishing. Both governments experienced a long and tough negotiation. Recently frictions have happened in various sectors, such as Environmental and Food Customs. The friction looks broad and dangerous. In spite of the emotional reactions, however, I don't think that is a serious problem. Both sides should know the importance and the character. If both sides do not respond correctly, trade will stagnate in the future.
PDF
