The Regional Comprehensive Economic Partnership in the Asia-Pacific Cooperation Process

2021 ◽  
Vol 13 (04) ◽  
pp. 33-45
Author(s):  
Yanjun GUO

As the first large-scale free trade arrangement in the Asia-Pacific region, the Regional Comprehensive Economic Partnership (RCEP) will play an important role in economic and trade cooperation, and regional governance in the region. Since the signing on 15 November 2020, RCEP has encountered internal and external risks and challenges. Effectively avoiding risks and coping with challenges are important for RCEP to play its due role. To China, RCEP presents a new opportunity and platform to expand its opening up.

Author(s):  
V. S. Vasiliev ◽  
K. O. Chudinova

The consequences of the APEC summit held on November 17–18, 2018 are analyzed. It is emphasized that the summit ended with little or no result due to the growing trade and economic contradictions between theUnited StatesandChina, which have the potential to significantly weaken trade and economic ties in the Asia-Pacific region. Under these conditions, after theUSwithdrawal from the Trans-Pacific Partnership (TTP),Japanis increasingly taking the path of bilateral and regional agreements with the countries of the Asia-Pacific Region, including the People's Republic ofChina.Japanconsistently pursues this policy in the framework of the strategy of the Free and Open Indo-Pacific Region proclaimed in 2016. This strategy will allowJapanto insure itself against the possible eventual occurrence of the American-Japanese trade war, taking into account the fact thatJapanhas a growing positive balance in trade with theUnited States.Japanhas all high hopes on the establishment of a Regional Comprehensive Economic Partnership with the participation of 16 countries. At the same time, the APR is increasingly becoming a zone of military rivalry between the states of this region, which is an additional factor complicating the ongoing development of Japan’s trade and economic ties with many APR countries.


Author(s):  
Anastasia Dermenzhi

Since the Asia-Pacific region became a world developed region, the issues of its future and the future of the global system have become closely related. The development of the Regional Comprehensive Economic Partnership project appears to be an effort to lead the integration processes in the APAC. The article examines the slow flow of the initiative from ASEAN to China, the collision of the interests of the United States and China. The author describes the process of transformation of a partially hegemonic order and the formation of a multipolar relations system regional version.


2016 ◽  
pp. 155-175
Author(s):  
Chih-Mao Tang

After the Cold War, international politics and economy of the Asia-Pacific region has changed tremendously. Regional economic integration accelerates up with the rapid increase of bilateral and multilateral free trade agreements between regional countries, whereas regional security is continually confronted with conflict flashpoints, including regional maritime sovereignty disputes. This article provides the recent development ofregional economy and security with emphasis on maritime disputes in East China Sea and South China Sea and Trans-Pacific Partnership (TPP) and Regional Comprehensive Economic Partnership (RCEP) and discusses the possible challenges to Taiwan in these issues.


Author(s):  
J. A. Principe ◽  
W. Takeuchi

Abstract. The last half century has witnessed the increasing trend of renewable energy utilization with solar photovoltaic (PV) systems as one of the most popular option. Solar PV continues to supplement the main grid in powering both commercial establishments (mainly for reduced electricity expense) as well as residential houses in isolated areas (for basic energy requirement such as for lighting purposes). The objective of this study is to assess the available solar PV power (PPV) potential considering the effects of high temperature, dust and snow in the Asia Pacific region. The PPV potential was estimated considering the effects of the said meteorological parameters using several satellite data including shortwave radiation from Advanced Himawari Imager 8 (AHI8), MOD04 aerosol data from Moderate Resolution Imaging Spectroradiometer (MODIS), precipitation rate from Global Satellite Mapping of Precipitation (GSMaP), air temperature from NCEP/DOE AMIP-II Reanalysis-2 data, and snow water equivalent (SWE) from Microwave Scanning Radiometer for the Earth Observing System (AMSR-E). The model is validated by comparing its outputs with the measured PV power from two solar PV installations in Bangkok, Thailand and Perth, Australia. Results show that maximum PPV is estimated at 2.5 GW (cell efficiency of 17.47%) for the region with the maximum decrease in PPV estimated to be about < 2%, 22% and 100% due to high temperature (temperature coefficient of power = 0.47%/K), dust and snow, respectively. Moreover, areas in India and Northern China were observed to experience the effects of both dust and temperature during March-April-May (MAM) season. Meanwhile, countries located in the higher latitudes were severely affected by snow while Australia by high temperature during Dec-Jan-Feb (DJF) season. The model has a mean percentage prediction error (PPE) range of 5% to18% and 7% to 23% in seasonal and monthly estimations, respectively. Outputs from this study can be used by stakeholders of solar PV in planning for small-scale or large-scale solar PV projects in the solar rich region of Asia Pacific.


Author(s):  
J. Y. Parshkova

The article analyses military and technical cooperation of the United States and APAC. After the successful implementation of the first phase of the European Phased Adaptive Approach (EPAA), adopted in September 2009, the United States began to develop a similar plan for the Asia-Pacific region - Asia-Pacific Adaptive Approach. The ultimate goal of such large-scale missile defense deployment is to convince the adversaries that the use of ballistic missiles is useless in military terms and that any attack on the United States and its allies is doomed to failure. The United States are developing military cooperation with its allies and partner countries in the Asia-Pacific region, excluding interests of China and Russia. That may only exacerbate a struggle for power between the three world largest countries and lead to negative consequences - involvement in the arms race.


2017 ◽  
Vol 21 (2) ◽  
pp. 145-160 ◽  
Author(s):  
Chang-Soo Lee ◽  
Inkyo Cheong

Purpose The purpose of this paper is to calculate regional contents in the exports of the major regional blocs to the world, Trans-Pacific Strategic Economic Partnership (TPP), and Regional Comprehensive Economic Partnership (RCEP), respectively, to find the backward trade linkages between them instead of normal forward linkages. Design/methodology/approach To calculate “a region” content in intermediate and value-added exports, this paper uses OECD’s inter-country input-output table (ICIOT), and tries to decompose the contents of trade. Using the information of ICIOT, Koopman et al. (2014) and Wang et al. (2013) decompose gross exports of a country’s exports. Findings TPP is a loosely tied bloc featured by openness to the Asia-Pacific region. Trade linkages between members are stronger in RCEP than those in TPP, particularly in the trade of intermediate goods. Trades in RCEP are closely connected to exports to TPP, but the opposite direction is not clear. Research limitations/implications First of all, the recent base year of the data on value added in trade is 2011, which can be regarded as a little bit out of date. Therefore, it should be cautious in interpreting the results in that it may not reflect the characteristics of current trade. Second, this paper uses ICOIT instead of world input-output table. Practical implications A large portion of trades in RCEP and TPP is triggered by a global production network (fragmentation, vertical specialization), different from traditional trade focusing on inter-industry trade or competition between countries. Thus, the formation of TPP or RCEP is predicted to stimulate trade of the other instead of discriminating nonmember countries. Social implications In particular, the authors have special concern in the backward linkages between RCEP and TPP, the distinct characteristics of the two regional blocs and, finally, major countries’ preferences of the one over the other and industrial conflicts toward TPP or RCEP even in an economy. Originality/value Although this paper uses the approach by Baldwin and Lopez-Gonzalez, this paper is the first research on the analysis of the export contents in major trading blocs in the Asia-Pacific region.


2019 ◽  
Vol 7 (6) ◽  
pp. 736-741 ◽  
Author(s):  
A. T. Ibragimova ◽  
A. M. Azmukhanova ◽  
D. R. Aitmagambetov ◽  
T. A. Kamaljanova ◽  
G. Zh. Kenzhalina

Purpose of the study: This article aims to study scenarios for the development of the Asia-Pacific region in the context of the US-China conflict of interest in this region. Methodology: The article is concerned with the conflict of interest between the United States of America and China in the context of the development of the Asia-Pacific region associated with activities of these leading actors of international relations in the Asia-Pacific region and the relevant integration structures and agreements. Main Findings: The authors of the article have analyzed the US-Chinese relations in the Asia-Pacific region and presented an overview of the international situation. Applications of this study: Special attention was paid to the expert discussion of scenarios for the probable development of the Asia-Pacific region in the immediate future, including the preservation of the existing state of affairs ("Status Quo"), the global Trans-Pacific and Trans-Atlantic Silk Road Partnership under the auspices of China, the creation of the Asia-Pacific free-trade zone and the "northern" space of economic partnership.


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