Economic and Environmental Impact of Free Trade in East and South East Asia

Cover -- Contents -- 1 Introduction -- 1.1 Globalization and Regionalization -- 1.2 Basic Issues of Regional Trade Agreements -- 1.3 Proliferation of Regional Trade Agreements -- 1.4 Global Development of RTAs -- 1.5 Economic Integration in East and South East Asia -- 1.5.1 FTA in East and South East AsiaA Brief History -- 1.5.2 Factors Affecting FTA Initiatives in East and South East Asia -- 1.5.3 Features of Existing RTAs in East and South East Asia -- 1.5.4 FTA Initiatives in East and South East Asia -- 1.5.5 Efforts and Time Frame for Economic Integration -- 1.6 Environmental Degradation -- 1.7 Objective -- 1.8 Structure of the Book -- 2 Review of Literature -- 2.1 Introduction -- 2.2 FTAs/RTAs Around the World -- 2.3 FTAs/RTAs in East and South East Asian Region -- 2.4 Impact of FTAs and RTAs on the Environment -- 3 Features of the East and South East Asian Economies -- 3.1 Introduction -- 3.2 Population -- 3.3 Economic Growth of the East and SouthEast Asian Economies -- 3.3.1 GDP Growth -- 3.3.2 Agricultural Sector in East and South East Asia -- 3.3.3 Industrial Sector in East and South East Asia -- 3.3.4 Manufacturing Sector in East and SouthEast Asia -- 3.3.5 Service Sector in East and SouthEast Asia -- 3.4 Poverty and Unemployment -- 3.5 The Structure of Foreign Trade and FDI -- 3.5.1 Japan -- 3.5.2 Thailand -- 3.5.3 Vietnam -- 3.5.4 Singapore -- 3.5.5 Republic of Korea -- 3.5.6 Malaysia -- 3.5.7 Philippines -- 3.5.8 Myanmar -- 3.5.9 China -- 3.5.10 Indonesia -- 3.5.11 Trend of Intra Regional Trade -- 3.5.12 Status of FDI in East and South East Asia -- 3.6 Environmental Profile: An Overview -- 3.6.1 Vietnam -- 3.6.2 Philippines -- 3.6.3 Cambodia -- 3.6.4 Indonesia -- 3.6.5 China -- 3.6.6 Republic of Korea -- 3.6.7 Malaysia -- 3.6.8 Thailand -- 3.6.9 Japan -- 3.6.10 Singapore -- 3.6.11 Lao-PDR -- 4 Theoretical Framework, Database and Scenario Development -- 4.1 The Theoretical Framework of the GTAP Model -- 4.2 Aggregation Scheme -- 4.3 Environmental Indicators and Coefficients -- 4.4 Updated Environmental Coefficients Across the Countries -- 4.5 Scenario Development -- 4.6 Modifications of the GTAP Model to 2020 -- 4.7 Macroeconomic Variable Estimates and Underlying Assumptions -- 5 Economic Impact of Economic Integration -- 5.1 Introduction -- 5.2 Output Growth -- 5.3 Export and Import Performance -- 5.4 Sectoral Analysis of Output -- 5.5 Sectoral Analysis of Export and Import -- 5.5.1 Sectoral Export Analysis -- 5.5.2 Sectoral Import Analysis -- 5.6 Intra-Industry Trade -- 5.7 Welfare Implication -- 5.8 Effects on Factor Returns -- 5.9 Poverty Implications -- 6 Environmental Impact of Economic Integration -- 6.1 Introduction -- 6.2 Environmental Impact in BAU and Trade Scenarios -- 6.2.1 Air Pollution -- 6.2.2 Water Pollution -- 6.2.3 Industrial Waste -- 6.3 Sectoral Analysis in BAU and Trade Scenarios -- 6.3.1 BAU Scenario -- 6.3.2 Trade Liberalization Scenarios -- 6.4 Decomposition Analysis -- 6.4.1 Methodology of Decomposition Analysis -- 6.4.2 GHG Indicators at BAU 2020 -- 6.4.3 GHG Indicators in Trade Liberalisation Scenarios -- 6.4.4 Decomposition Effect on BOD in BAU and Trade Scenarios -- 7 Strategies for Green Trade -- 7.1 Introduction -- 7.2 Multiple Sector Tax -- T$