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Assessing ASEAN Economic Integration Progress and South Korea’s Approach Focusing on TBT and SPS
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  • Assessing ASEAN Economic Integration Progress and South Korea’s Approach Focusing on TBT and SPS
저자명
Sungil Kwak
간행물명
World Economy Brief
권/호정보
2024년|24권 (통권14호)|pp.1-8 (8 pages)
발행정보
대외경제정책연구원|한국
파일정보
기타|ENG|
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영문초록

TBT (Technical Barriers to Trade) and SPS (Sanitary and Phytosanitary Measures) have two attributes. They act as barriers to trade expansion by protecting producers, but their importance has grown in terms of consumer protection measures after the COVID-19 pandemic. Rather than eliminating related regulations, achieving harmonization within the ASEAN region can simultaneously serve two objectives: expanding trade between South Korea and ASEAN and improving consumer protection. We assess the level of regional economic integration by measuring regulatory distances among ASEAN member states. We also measure regulatory distances between South Korea and ASEAN, and between Japan and ASEAN. We estimate the impact of ASEAN's TBT and SPS on the export performance of countries exporting goods to the ASEAN region.