South Caucasus-People’s Republic of China Bilateral Free Trade Agreements: Why It Matters

Date: January 2014
Type: Papers and Briefs
Country:
Subject:
Series: Regional Economic Integration Working Papers
Author: Hovhanesian, Hasmik; Manasyan, Heghine

Description

Free trade agreements assist the signatory countries to win economically and politically, if they have strong economic development policies. Free trade agreements assist countries to specialize in the sectors in which they have a competitive advantage in the world, but have not yet developed export capacity because of unequal world market conditions for start-ups in these sectors. The assessment made in this research paper is that free trade agreements between Armenia, Azerbaijan, Georgia, and the People’s Republic of China would have positive economic and political outcomes.

Contents

  • Abstract
  • Introduction
  • Impact of Regionalization on Economic Development: Theoretical Approach
  • Trends in the People's Republic of China’s FTA Strategy
  • Economic and Political Cooperation between Armenia, Azerbaijan, Georgia, and the People’s Republic of China
  • Analysis of SMART and Comparative Indicators of the Relationship between the South Caucasian Countries and the People’s Republic of China
  • Pros and Cons of Regionalization of the Relationship between the South Caucasian Countries and the People’s Republic of China
  • Policy Suggestions and Recommendations
  • References
  • Annexes