Data from University Montesquieu-Bordeaux IV Advance Knowledge in Policy Modeling
2012 APR 20 - (VerticalNews.com) -- "Recently, Asian and Latin American countries have engaged in a series of negotiations to liberalize trade and investment flows. This paper analyzes the potential impact of a free trade agreement (FTA) between countries of both regions, applying a world dynamic general equilibrium model (MIRAGE)," scientists writing in the Journal of Policy Modeling report.
"An important feature of the model is that it includes a new way of modeling bilateral investment flows and bilateral investment agreements. This is especially important given that investment plays a major role in the economic relations of the two regions. Our results show that most countries will benefit from the agreement; nevertheless, the gains of Latin American countries will be higher, especially when all Asian countries participate," wrote A. Bouet and colleagues, University Montesquieu-Bordeaux IV.
The researchers concluded: "In addition, Latin America benefits from increased FDI inflows, mainly from developed Asian countries."
Bouet and colleagues published their study in the Journal of Policy Modeling (Trade and investment in Latin America and Asia: Perspectives from further integration. Journal of Policy Modeling, 2012;34(2):193-210).
Additional information can be obtained by contacting A. Bouet, LAREFI Univ Montesquieu Bordeaux IV, Bordeaux, France.
The publisher of the Journal of Policy Modeling can be contacted at: Elsevier Science Inc, 360 Park Ave South, New York, NY 10010-1710, USA.
Keywords: City:Bordeaux, Country:France, Region:Europe, China
This article was prepared by VerticalNews Economics editors from staff and other reports. Copyright 2012, VerticalNews Economics via VerticalNews.com.