1. Resource security: a new motivation for free trade agreements in the Asia-Pacific region
- Author
-
Jeffrey D. Wilson
- Subjects
Commercial policy ,Resource (biology) ,Sociology and Political Science ,business.industry ,media_common.quotation_subject ,Geography, Planning and Development ,International trade ,Multilateralism ,Negotiation ,Politics ,Economics ,business ,Trade barrier ,Free trade ,media_common ,Bilateralism - Abstract
Following a historical commitment to multilateralism, in the last decade the trade policy initiatives of many states in the Asia-Pacific have turned to bilateralism through the negotiation of free trade agreements (FTAs). The corresponding proliferation of regional FTAs has thus far been understood to result from three broad motivations: a desire to advance trade liberalization beyond World Trade Organization (WTO) disciplines; mercantilistic efforts to secure preferential access to key export markets; and/or attempts to use FTAs to secure non-economic political gains. This paper argues that since the middle of the decade a new motive has emerged – the use of FTAs to improve resource security – particularly by import-dependent resource consumers in Northeast Asia. As yet unexamined in the literature, this paper seeks to document and explain this trend. It analyses the recent emergence of resource security concerns as a new FTA motive; the corresponding shifts in the FTA strategies and initiatives...
- Published
- 2012