An Alternative Free Trade Agreement Scheme to ASEAN: The Nano-Free Trade Territory (NFTT)

Posted: 14 Aug 2014

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: August 13, 2014

Abstract

This paper is interested to introduce an alternative free trade agreement framework to promote the fast economic growth and the reduction of poverty in low income ASEAN members. This new scheme of free trade agreement is called “The Nano-Free Trade Territory (NFTT)”. The main objective of NFTT is to generate jobs, trade, investment and technological transfer among ASEAN members. Basically, this paper is divided into three sections are: The first section is a general review about theoretical issues in regionalism, multilateralism, and trade liberalization schemes. The second section is evaluating the common problems hindering at ASEAN members in its regional integration process. Finally, the third section explains about how NFTT works and its effects on ASEAN members in different levels.

Keywords: ASEAN, regional integration, free trade, economic development, least developed countries.

JEL Classification: F15

Suggested Citation

Ruiz Estrada, Mario Arturo, An Alternative Free Trade Agreement Scheme to ASEAN: The Nano-Free Trade Territory (NFTT) (August 13, 2014). Available at SSRN: https://ssrn.com/abstract=2479778

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

Register to save articles to
your library

Register

Paper statistics

Abstract Views
118
PlumX Metrics