G Hawke

45 %
55 %
Information about G Hawke

Published on March 27, 2008

Author: Burnell

Source: authorstream.com

MULTILATERALISM, REGIONALISM, BILATERALISM –  WHAT WILL BE THE ASIA-PACIFIC CONTEXT FOR NEW ZEALAND :  MULTILATERALISM, REGIONALISM, BILATERALISM –  WHAT WILL BE THE ASIA-PACIFIC CONTEXT FOR NEW ZEALAND Presentation to Asia Forum Wellington, 27 May 2003 By Gary Hawke Chair, NZPECC, and Head of the School of Government, VUW PECC:  PECC six-monthly meeting of the PECC Standing Committee Washington DC, 22-4 April. Seminar of the PECC Trade Forum on Regional Trading Agreements inaugural meeting of the Asia-Pacific Council of the US, major speeches from Secretary of State, Colin Powell, and USTR, Bob Zoellick. Fred Bergstrom :  Fred Bergstrom IIE – APEC EPG - adviser to Administration. “Competitive liberalization”. RTAs and the multilateral process – “complementary, mutually supporting and if properly managed, catalytic”. Doha and FTAA are now on a timetable that ends in May 2007 – RTAs provide main action in meantime Fred Bergstrom cont.:  Fred Bergstrom cont. East Asian RTAs driven less by co-operation than by conflict between Japan and China. less likely to proceed to multilateralisation? RTAs as the 4th attempt to find a strategy to implement the Bogor Goals? On this analysis, the Asia-Pacific context for NZ will be reasonable pressure to co-operate in a WTO round but with a relaxed timetable until 2007, and a need to manage a process of RTAs designed to speed up and go beyond the multilateral process. Robert Zoellick :  Robert Zoellick Background: Administration’s success with China’s accession to the WTO while not unaware of problems, generally positive about its subsequent implementation Russia and Vietnam accession – on timetables they decide. focus in the multilateral area is on market access regional priorities are FTAA, ASEAN, and the Middle East. Slide6:  The bilateral agenda is Singapore and Chile, where negotiated FTAs await submission to Congress, Central America, Morocco, South Africa and Australia. Zoellick knows the dangers of bilateralism, but is not willing to proceed in the WTO only when it is subject to veto by every member Whatever was the case in the 1980s trade policy now will not be decoupled from political goals APEC has the interesting feature of involving business - it is a “post Cold War economic institution” Colin Powell :  Colin Powell an adviser to a president with a vision of a world at peace, using all the tools at his disposal for that purpose, drawing on the best possible advice all his advisers can provide, and making the decisions he has been elected to make. Asia versus Europe? it is both diplomatic and true that both are important, but in the 21st century the correct answer is that all big issues are global. The Asia Pacific Region acknowledged as having participated in the war on terrorism, in finance, travel, intelligence, and agreements in APEC. Colin Powell cont.:  Colin Powell cont. There is no reduced US commitment to the Region, including Korea and China Powell is impressed by China’s willingness to assist on Korea and reflected on how far the relationship has changed since the Hainan Island incident. Differences of Perspectives to be mediated, but New Zealand’s problem is that it is seen to deny the morality of the US vision. RTAs :  RTAs Does their liberalizing effect for members outweigh the damage they do to the multilateral system? pragmatism versus principle? proponents of liberalisation will use RTAs RTA’s cont.:  RTA’s cont. Assessments of 38 agreements. mostly promote welfare of the members, especially small members expansion to new members usually benefits existing members (but may not when enlargement is outweighed by dilution of preferences as could happen for Canada and Mexico) “ins” gain while “outs” lose, which is especially concerning for Australia, New Zealand and Taiwan in relation to East Asia, and it is possible that there are positive effects from “new age” elements of RTAs and from productivity growth. RTA’s cont.:  RTA’s cont. Rules of Origin – impact exaggerated? Main danger may be use as protectionist instrument. “Diversion” – including investment and more generally through information flows – the international economy worth considering may come to be those economies which have the “stamp of approval” of an RTA. Preferentialism and Reciprocity :  Preferentialism and Reciprocity RTAs, not FTAs – politicians can fool themselves and others with language – How important are they? Tariffs – WTO process. Peaks, and cascades. Access for services, conditions of investment. NZ and US-Aust. Case for free trade. World income is maximised when there are as few constraints as possible on the allocation of resources to their most productive use. National boundaries are constraints on the allocation of resources and therefore world income is maximised by minimising the effect of national boundaries So why RTAs? - slow pace of WTO - anxiety about markets and desire for assurance of political control :  So why RTAs? - slow pace of WTO - anxiety about markets and desire for assurance of political control APEC and Alcoholics Anonymous APEC :  APEC Failure? Cf GATT in 1961 Politics of APEC – meetings of leaders. But still real economic significance. Economic integration, not reciprocal exchange of concessions among national economies. Business and economic policy :  Business and economic policy more mature understanding of relations between business and governments? Lobbying, but mere access to powerful office-holders will often not be the best way to influence policy decisions. Business and economic policy cont.:  Business and economic policy cont. The intellectual effort of developing knowledge and considering how to use collective decisions to benefit communities is an essential component of influencing policy. So is capacity to engage in the economic integration which provides business opportunity. Economic and technical co-operation is not a concession but a central element of economic integration. The main story :  The main story US political system, US policy vision – key to the Asia Pacific context Context will be slow progress of WTO to 2007, action on regional and bilateral front which could be either beneficial or disastrous for the world economy and for New Zealand. Main game remains economic integration. For which APEC and therefore PECC remains important. International economic policy requires mutual understanding of business, community and government. There should not be a gold rush to any particular RTA

Add a comment

Related presentations

Related pages

Hawke International Exd/Exe Cable Glands For Worldwide ...

About Hawke. Latest News. Contact Us Hawke International. ... For questions or comments on the Hawke International website please e-mail webmaster@ehawke.com
Read more

Hawke Optics | Home

Hawke Sport Optics, LLC 6015 Highview Drive Suite G Fort Wayne Indiana 46818. T: 877-429-5347 F: 260-918-3443
Read more

G. R. Hawke – alle Noten, CDs und Bücher – jpc.de

This book provides a comprehensive study of the economic history of New Zealand.
Read more

501/453/ RAC Cable Gland - Hawke International

CABLE GLAND SELECTION TABLE; Size Ref. Entry Thread Size Thread Length ‘H’ Cable Acceptance Details ‘G’ Compressed Length Hexagon Dimensions; Inner ...
Read more

The Quick and Dirty Guide to Learning Languages Fast: A. G ...

... The Quick and Dirty Guide to Learning Languages Fast by A. G. Hawke Paperback $22.67. In Stock. Ships from and sold by Amazon.com. FREE Shipping on ...
Read more

Amazon.com: A. G. Hawke

Amazon.com: A. G. Hawke. Amazon Try Prime All Go. Departments. Hello. Sign in Your Account Sign in Your Account Try Prime Lists Cart ...
Read more

Flickr: G. Hawke

Flickr is almost certainly the best online photo management and sharing application in the world. Show off your favorite photos and videos to the world ...
Read more

Hawke a G - AbeBooks

Economics for Historians by G.R. Hawke and a great selection of similar Used, New and Collectible Books available now at AbeBooks.com.
Read more

Hawke & Co - Designed For Life's Adventures

Hawke & Co is a New York City based brand that designs innovative outerwear and athletic collections that connect style and attainability. Our brand is the ...
Read more

HAWK Hochschule für angewandte Wissenschaft und Kunst ...

Studieren an der HAWK Hochschule für angewandte Wissenschaft und Kunst Hildesheim Holzminden Göttingen, Niedersachsen
Read more