THE NEW WAVE OF FTAs in ASIA: WITH PARTICULAR REFERENCE TO ASEAN, CHINA AND INDIA by Ramkishen S. Rajan* and Rahul Sen** June 2004 (Draft) ------------------------------ * School of Economics, University of Adelaide, Australia. E-mail: ramkishen.rajan@adelaide.edu.au . ** Institute of Southeast Asian Studies (ISEAS), Singapore. E-mail: rahul.sen@iseas.edu.sg This paper was completed while the first author was a Visiting Freeman Scholar at the Department of Economics, Claremont McKenna College (CMC). The author is grateful for the generous support provided by the Freeman Foundation. The paper has drawn partly on previous joint works by the authors with Mukul Asher and Sadhana Srivastava. The usual disclaimer applies.