Introduction

Asian Survey ◽  
2016 ◽  
Vol 56 (6) ◽  
pp. 1005-1016 ◽  
Author(s):  
Vinod K. Aggarwal
Keyword(s):  
Asia Pacific ◽  
Political Resistance ◽  
Special Issue ◽  
Geographical Regions ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership

This special issue focuses on the rise of mega-FTAs—which involve efforts to liberalize trade across geographical regions with a multiplicity of countries—in the Asia-Pacific. We examine how the Trans-Pacific Partnership and the Regional Comprehensive Economic Partnership in this region have faced political resistance as negotiators attempt to address behind-the-border issues.

Comparing the Economic Impact of the Trans-Pacific Partnership and the Regional Comprehensive Economic Partnership

2013 ◽  
Vol 12 (2) ◽  
pp. 144-164 ◽  
Author(s):  
Inkyo Cheong ◽  
Jose Tongzon
Keyword(s):  
Economic Impact ◽  
Economic Integration ◽  
Computable General Equilibrium ◽  
Trade Agreement ◽  
The United States ◽  
Computable General Equilibrium Model ◽  
Asia Pacific ◽  
Economic Partnership ◽  
Asean Countries ◽  
Regional Comprehensive Economic Partnership

Several initiatives have emerged for regional economic integration in the Asia-Pacific region. The United States has led the negotiations for the Trans-Pacific Partnership agreement, and ASEAN countries have recently started to promote the Regional Comprehensive Economic Partnership. This paper estimates the net economic impact of these initiatives by eliminating the overlapping portions of free trade agreement–related economic gains through the use of a dynamic computable general equilibrium model. The paper analyzes the economic and political feasibility of these two initiatives and assesses their economic impacts. Finally, the paper provides implications for economic integration in East Asia based on a quantitative assessment.

Is It Finally Time for India's Free Trade Agreements? The ASEAN “Present” and the RCEP “Future”

2019 ◽  
Vol 9 (2) ◽  
pp. 359-391 ◽  
Author(s):  
Debashis CHAKRABORTY ◽  
Julien CHAISSE ◽  
Xu QIAN
Keyword(s):  
Asia Pacific ◽  
Trade Patterns ◽  
Trade Reforms ◽  
Trade Law ◽  
International Trade Law ◽  
Slow Progress ◽  
Promotion Strategies ◽  
Economic Partnership ◽  
Trade Route ◽  
Regional Comprehensive Economic Partnership

AbstractSince the inception of the WTO in 1995, India enthusiastically explored export-promotion strategies through multilateral trade reforms. However, the country has moved towards the regional trade route since 2004, primarily owing to the slow progress of the Doha Round negotiations. As a result, the whole architecture of international trade law and governance is being redesigned in the Asia Pacific region. This paper focuses on the pivotal role played by India in this rebalancing. Given the stress on services exports and investment requirements, India focused on entering into comprehensive agreements encompassing merchandise and services trade as well as investment provisions. Presently, India is involved in the ongoing Regional Comprehensive Economic Partnership [RCEP] negotiations, where ASEAN remains at the core. The current analysis evaluates the Indo-ASEAN trade patterns and evolving dynamics over the last decade through select trade indices, and comments on the future of the RCEP.

Towards an Asia-Pacific Regional Investment Regime

2019 ◽  
pp. 258-289
Author(s):  
Amokura Kawharu ◽  
Luke Nottage
Keyword(s):  
New Zealand ◽  
Dispute Settlement ◽  
Local Politics ◽  
Asia Pacific ◽  
The European Union ◽  
Future Design ◽  
Investment Treaties ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership ◽  
New Generation

Many similarities and occasional differences are evident concerning the current approaches of Australia and New Zealand towards investment treaties, including the now politically sensitive issue of investor–state dispute settlement (ISDS). This chapter considers the potential of these two closely integrated countries to influence the future design of investment treaties in the Asia Pacific region, including for the Regional Comprehensive Economic Partnership (RCEP or ‘ASEAN+6’ agreement) – the negotiations for which include China. The chapter compares key areas of existing treaties already signed by Australia and New Zealand, as well as apparent positions set out by them in a leaked draft RCEP investment chapter. Given the concerns about US–style treaty drafting displayed recently by Indonesia and India, major economies still negotiating RCEP with Australia and New Zealand (as well as bilateral agreements with the former), the chapter also considers the scope for Australia and New Zealand to promote more pro-state provisions regarding both substantive commitments and procedures such as ISDS, which characterize contemporary preferences of the European Union. The chapter concludes that a transition to a new generation of treaties is likely not only given the evolving preferences of counterparties and local politics, but also because of various policy arguments for dialing back treaty commitments to foreign investors—albeit without eschewing them altogether.

scholarly journals FREE AND OPEN INDO–PACIFIC AS THE NEW BASIS OF JAPANESE TRADE POLICY IN THE ASIA–PACIFIC REGION

2018 ◽  
pp. 21-30
Author(s):  
V. S. Vasiliev ◽  
K. O. Chudinova
Keyword(s):  
Asia Pacific ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Positive Balance ◽  
Ongoing Development ◽  
Regional Agreements ◽  
Trade War ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership ◽  
Economic Ties

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.

China’s Foreign Policy: A More Confident and Assertive China Amidst Global Uncertainties

2017 ◽  
Vol 09 (01) ◽  
pp. 5-20
Author(s):  
Liang Fook LYE
Keyword(s):  
Free Trade Area ◽  
Asia Pacific ◽  
Veto Power ◽  
Infrastructure Investment ◽  
Regional Security ◽  
Investment Bank ◽  
Trade Area ◽  
China’S Foreign Policy ◽  
Economic Partnership ◽  
Regional Comprehensive Economic Partnership

Amidst growing protectionist and anti-globalisation sentiments, China has led the call for a free, open and inclusive multilateral order. It supports a multilateral trading regime, a Free Trade Area of the Asia-Pacific and the Regional Comprehensive Economic Partnership. It has launched the Asian Infrastructure Investment Bank where it wields significant veto power. China is pushing for a new regional security architecture. While shaping the international order, China is upholding its sovereign claims over the South China Sea and Taiwan.

AN ANALYSIS OF THE TRENDS AND DETERMINANTS OF INTRA-INDUSTRY TRADE BETWEEN CHINA AND ASIA PACIFIC ECONOMIC COOPERATION MEMBER COUNTRIES

2019 ◽  
pp. 1-24 ◽  
Author(s):  
JACOB WOOD ◽  
YILIN LI ◽  
JIE WU
Keyword(s):  
Economic Cooperation ◽  
Asia Pacific ◽  
Developed Country ◽  
Asia Pacific Economic Cooperation ◽  
Industry Trade ◽  
Push Forward ◽  
Economic Partnership ◽  
Cooperation Partners ◽  
Regional Comprehensive Economic Partnership ◽  
Additional Support

This study examines the intra-industry trade relationship that China has with its 20 Asia Pacific Economic Cooperation partners during the 2000–2014 period. By providing both a developing and developed country focus this research examines both the trends and determinants of these trade relationships from inter-industry trade, vertical inter-industry trade, horizontal inter-industry trade, and inter-industry perspectives. This study found that China’s highest levels of inter-industry trade are with Japan, Korea, and Taiwan and that these relationships have been trending upwards from both horizontal inter-industry trade and vertical inter-industry trade perspectives since 2000. While our empirical assessment using country- and industry-specific variables showed that ta riff rates, market size, and factor endowments play an important role within the make-up of inter-industry trade. Finally, from a policy perspective, our study highlights the need for China to not only push forward with its Regional Comprehensive Economic Partnership trade negotiations, but also branch out by gaining additional support from other Asia Pacific Economic Cooperation partners so as to further enhance its role in the region.

scholarly journals The RCEP and the Changing Landscape of World Trade

2019 ◽  
Vol 12 (1) ◽  
pp. 159-190 ◽  
Author(s):  
Julien Chaisse ◽  
Richard Pomfret
Keyword(s):  
Asia Pacific ◽  
Legal Analysis ◽  
Investment Policies ◽  
Legal Perspective ◽  
Investment Agreement ◽  
Economic Partnership ◽  
Deep Integration ◽  
Regional Comprehensive Economic Partnership ◽  
The Impact

Abstract This article provides a detailed economic and legal analysis of the Regional Comprehensive Economic Partnership (RCEP) with regard to foreign investment with the objective to give an assessment of the impact of this new treaty on investment policies and flows in the Asia-Pacific region. Part One analyzes recent foreign direct investment flows in the ASEAN+ 6 countries, focusing on sectors of rapid growth and participation in global value chains and offers an overview of the RCEP rules on investment from an economic and legal perspective. Part Two analyzes the impacts of deep integration agreements on investment, as in the ASEAN Comprehensive Investment Agreement and RCEP’s rules on investment, with particular emphasis on the actual and potential role of small and medium-sized enterprises. The final section looks forward, with best case and plausible-scenario analysis of future impacts on FDI within RCEP, if deep integration progresses among the 16 countries.

Sign in / Sign up

Export Citation Format

Share Document