Free Trade Agreements as BRI’s Stepping-Stone to Multilateralism: Is the Sino–Swiss FTA the Gold Standard?

Casas i Klett, Tomas; Serrano, Omar Ramon (2018). Free Trade Agreements as BRI’s Stepping-Stone to Multilateralism: Is the Sino–Swiss FTA the Gold Standard? In: Zhang, Wenxian; Alon, Iian; Lattemann, Christoph (eds.) China's Belt and Road Initiative: Changing the Rules of Globalization. Palgrave Studies of Internationalization in Emerging Markets (pp. 75-93). Cham: Springer International Publishing 10.1007/978-3-319-75435-2_5

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In Chap. 5, Casas and Serrano propose that China’s Free Trade Agreements (FTA) are part of a long-term multilateral approach with the potential to be included in the institutional infrastructure of the Belt and Road Initiative (BRI). By developing a BRI Initiatives Dynamic Evaluation Framework, they emphasize that initiatives under the BRI will be subject to decision and evaluation mechanisms that transcend China proper. This means that FTAs are dynamic rather than static. The key element in this iteration is the FTA upgrade, which includes trade impact analyses, business agent surveys, utilization rates, and signaling effects. The Sino–Swiss FTA is evaluated as part of this long-term strategy of upgrading bilateral relationships into a comprehensive system that relies on institutional outsourcing of the upward kind from nations with deep institution-building experience.

Item Type:	Book Section (Book Chapter)
Division/Institute:	Business School > Institute for Marketing & Global Management > Global Management Business School
Name:	Casas i Klett, Tomas; Serrano, Omar Ramon0000-0002-7396-7891; Zhang, Wenxian; Alon, Iian and Lattemann, Christoph
Subjects:	H Social Sciences > HB Economic Theory J Political Science > JA Political science (General) J Political Science > JZ International relations
ISBN:	978-3-319-75434-5
Series:	Palgrave Studies of Internationalization in Emerging Markets
Publisher:	Springer International Publishing
Language:	English
Submitter:	Omar Ramon Serrano
Date Deposited:	16 Oct 2023 11:34
Last Modified:	16 Oct 2023 11:34
Publisher DOI:	10.1007/978-3-319-75435-2_5
Uncontrolled Keywords:	China Belt and Road Initiative (BRI) Bilateralism Multilateralism Free Trade Agreement (FTA)
ARBOR DOI:	10.24451/arbor.19514
URI:	https://arbor.bfh.ch/id/eprint/19514