“RCEP from the middle powers’ Perspective”

Research output: Contribution to journalArticlepeer-review

Abstract

East Asian countries signed the Regional Comprehensive Economic Partnership Agreement (RCEP) in November 2020. This paper demonstrates the importance of ASEAN centrality in East Asian economic integration and makes a preliminary assessment of the agreement in terms of the four expected roles: liberalization, rulemaking, reducing policy risks, and forming a pro-trade middle power coalition. The comparison with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) reveals the strengths and weaknesses of RCEP. The paper emphasizes the importance of dynamic aspects of mega-FTAs after being in effect and claims that RCEP must be further developed as an evolving agreement.

Original languageEnglish
Pages (from-to)162-170
Number of pages9
JournalChina Economic Journal
Volume14
Issue number2
DOIs
Publication statusPublished - 2021

Keywords

  • East Asia
  • Free trade agreement
  • international production networks
  • tariff
  • trade diversion

ASJC Scopus subject areas

  • Cultural Studies
  • Sociology and Political Science
  • Economics, Econometrics and Finance(all)

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