Title

Background and Context of the Study

Author First name, Last name, Institution

Doren Chadee
Banjo Roxas
Tim Rogmans

Document Type

Book Chapter

Source of Publication

Prospects and Challenges of Free Trade Agreements

Publication Date

1-1-2015

Abstract

This chapter provides the necessary background and context for the study. Australia and the Gulf Cooperation Council (GCC) states have a long history of trade and investment activities between them. Trade and investment have evolved gradually over the years. However, the acceleration of globalisation and the resulting changes taking place in the structure of the world economy have led many small economies such as Australia and the GCC states to engage strategically with their trading partners in order to remain an integral part of the global economy. Australia and GCC started to negotiate a free trade agreement (FTA) in 200J with negotiations slowing down for a number of years. Recently, Australia has shown a strong determination to conclude a successful FTA with the GCC. Such a prospect raises a number of interesting questions regarding the potential benefits of a successful Australia-GCC FTA which is the subject of this research.

Publisher

Palgrave Macmillan UK

Last Page

8

Disciplines

Business

Indexed in Scopus

no

Open Access

yes

Open Access Type

Green: A manuscript of this publication is openly available in a repository

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