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Did the NARA Treaty make a difference?

Drysdale, Peter

Description

The Basic Treaty of Friendship and Cooperation between Australia and Japan (the NARA Treaty) was the first treaty of friendship and amity signed between Australia and any other country. Importantly it extended most-favoured-nation status or non-discriminatory treatment beyond trade to all commercial dealings between Australia and Japan, including investment and migration and stay. It was a framework agreement that established a comprehensive basis of equality and fairness in economic and...[Show more]

dc.contributor.authorDrysdale, Peter
dc.date.accessioned2015-12-07T22:30:55Z
dc.identifier.issn1035-7718
dc.identifier.urihttp://hdl.handle.net/1885/22529
dc.description.abstractThe Basic Treaty of Friendship and Cooperation between Australia and Japan (the NARA Treaty) was the first treaty of friendship and amity signed between Australia and any other country. Importantly it extended most-favoured-nation status or non-discriminatory treatment beyond trade to all commercial dealings between Australia and Japan, including investment and migration and stay. It was a framework agreement that established a comprehensive basis of equality and fairness in economic and political relations. Yet it is frequently seen as not having had any substantial economic impact on the relationship. This article argues otherwise. It demonstrates that the NARA Treaty had a large and measurable effect on the intensity of investment flows and suggests that it had similar effects on the movement of people between the two economies.
dc.publisherCarfax Publishing, Taylor & Francis Group
dc.sourceAustralian Journal of International Affairs
dc.subjectKeywords: bilateral agreement; economic impact; economic relations; international relations; investment; migration; political relations; trade relations; Asia; Australasia; Australia; Eurasia; Far East; Japan
dc.titleDid the NARA Treaty make a difference?
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume60
dc.date.issued2006
local.identifier.absfor140210 - International Economics and International Finance
local.identifier.ariespublicationu4132787xPUB22
local.type.statusPublished Version
local.contributor.affiliationDrysdale, Peter, College of Asia and the Pacific, ANU
local.description.embargo2037-12-31
local.bibliographicCitation.issue4
local.bibliographicCitation.startpage490
local.bibliographicCitation.lastpage505
local.identifier.doi10.1080/10357710601006994
dc.date.updated2015-12-07T10:10:15Z
local.identifier.scopusID2-s2.0-33751572623
CollectionsANU Research Publications

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