Regional economic integration: more than one way to skin a cat - NZIER Insight 38
02 August 2012
Recent angst about trade agreements challenging domestic regulatory power distracts from an undeniable truth: the international implications of domestic regulatory settings have never been more important for New Zealand businesses. Rather than fighting it, New Zealand policymakers and firms need to better understand how changes to domestic regulation that are taking place in an environment of closer regional cooperation can enhance productivity, growth and incomes.
A recent ERIA report on economic integration in East Asia explains the integration has moved well beyond chiselling away at tariffs in formal negotiated agreements.Go Back