Impact Of The Regional Comprehensive Economic Partnership Rcep
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Author | : Pasha L. Hsieh |
Publisher | : Cambridge University Press |
Total Pages | : 297 |
Release | : 2021-12-16 |
Genre | : Law |
ISBN | : 1108845606 |
Provides the first systematic analysis of new Asian regionalism as a paradigm shift in international economic law.
Author | : Mireya Solis |
Publisher | : Brookings Institution Press |
Total Pages | : 176 |
Release | : 2017-08-01 |
Genre | : Business & Economics |
ISBN | : 0815729200 |
The balancing of competing interests and goals will have momentous consequences for Japan—and the United States—in their quest for economic growth, social harmony, and international clout. Japan and the United States face difficult choices in charting their paths ahead as trading nations. Tokyo has long aimed for greater decisiveness, which would allow it to move away from a fragmented policymaking system favoring the status quo in order to enable meaningful internal reforms and acquire a larger voice in trade negotiations. And Washington confronts an uphill battle in rebuilding a fraying domestic consensus in favor of internationalism essential to sustain its leadership role as a champion of free trade. In Dilemmas of a Trading Nation, Mireya Solís describes how accomplishing these tasks will require the skillful navigation of vexing tradeoffs that emerge from pursuing desirable, but to some extent contradictory goals: economic competitiveness, social legitimacy, and political viability. Trade policy has catapulted front and center to the national conversations taking place in each country about their desired future direction—economic renewal, a relaunched social compact, and projected international influence. Dilemmas of a Trading Nation underscores the global consequences of these defining trade dilemmas for Japan and the United States: decisiveness, reform, internationalism. At stake is the ability of these leading economies to upgrade international economic rules and create incentives for emerging economies to converge toward these higher standards. At play is the reaffirmation of a rules-based international order that has been a source of postwar stability, the deepening of a bilateral alliance at the core of America's diplomacy in Asia, and the ability to reassure friends and rivals of the staying power of the United States. In the execution of trade policy today, we are witnessing an international leadership test dominated by domestic governance dilemmas.
Author | : Deeparghya Mukherjee |
Publisher | : Routledge |
Total Pages | : 204 |
Release | : 2019-01-14 |
Genre | : Business & Economics |
ISBN | : 135106133X |
The Regional Comprehensive Economic Partnership (RCEP) aims to achieve greater integration between the ASEAN region and its six free trade agreement (FTA) partners (India, China, Japan, Australia, New Zealand and Korea). The RCEP is the only agreement to include three economies which are among the seven biggest economies of the world—China, Japan and India. The book opens with an introduction to the current status of economic integration and factors that would affect it and looks at key issues like non-tariff barriers, evolving investment regulations in China (in the context of FTAs), connectivity initiatives to integrate the region, rules of origin in the context of value chain integration in selected sectors as well as region-specific aspects of South Asia and South East Asia which would shape the regional economic architecture going forward. With an attempt to cover key imperatives, the book concludes by noting primary impediments to easier trade and investment flows in the region, highlighting possible policy recommendations to improve economic integration.
Author | : Cassey Lee |
Publisher | : ISEAS-Yusof Ishak Institute |
Total Pages | : 333 |
Release | : 2021-01-15 |
Genre | : Business & Economics |
ISBN | : 9814818887 |
"The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement involving major countries across the Asia Pacific region. The trade pact, which entered into force on 30 December 2018, is considered by many to be the “gold standard”, given its ambitious scope and depth. This volume offers multi-dimensional insights into the CPTPP and its impact on Southeast Asia. It begins with broad analyses covering the historical, economic and geopolitical aspects of the CPTPP. Subsequent chapters focus on the nature and implications of three key path-breaking provisions in the trade agreement, namely investor-state dispute settlement, intellectual property rights and state-owned enterprises. The effect of the CPTPP on Southeast Asia in terms of regional production networks is also examined from the perspective of Japanese multinational enterprises. The potential economic impact of the agreement is analysed for member countries (Vietnam and Malaysia) as well as countries that aspire to join the CPTPP in the future (Indonesia and Thailand). The world trading system is in disarray: the World Trade Organization has been weakened, perhaps terminally; the world’s two economic superpowers are locked in deep, politicized disputes; the forces of populism and nationalism are everywhere complicating the return to a more liberal, rules-based order. These trends are challenging one of the building blocks of ASEAN economic development, namely these countries’ outward-looking trade and investment policies. With impeccable timing this important volume by a group of eminent authors assesses these issues with reference to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The CPTPP excludes the three largest traders—China, the EU and the US—but it is a welcome second-best initiative that may have broader, positive ripple effects. This is the volume to read to gain a deeper understanding of the many complex issues at play." -- Hal Hill, H.W. Arndt Professor Emeritus of Southeast Asian Economies, College of Asia & the Pacific, Australian National University
Author | : Thilo Rensmann |
Publisher | : Springer |
Total Pages | : 377 |
Release | : 2017-07-20 |
Genre | : Law |
ISBN | : 3319566636 |
This book provides an in-depth analysis of "Mega-Regionals", the new generation of trans-regional free-trade agreements (FTAs) currently under negotiation, and their effect on the future of international economic law. The main focus centres on the EU-US Transatlantic Trade and Investment Partnership (TTIP), the Trans-Pacific Partnership (TPP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA), but the findings are also applicable to similar agreements under negotiation, such as the Regional Comprehensive Economic Partnership (RCEP).The specific features of Mega-Regional Trade Agreements raise a number of issues with respect to their potential effect on the current system of international trade and investment law. These include the consequences of Mega-Regionals for the most-favoured-nation (MFN) principle, their relation to the multilateral system of the World Trade Organization (WTO), their democratic legitimacy and their interaction with existing bilateral investment treaties (BITs).The book is intended for academics and practitioners working in the field of international economic law.
Author | : David Dollar |
Publisher | : Brookings Institution Press |
Total Pages | : 444 |
Release | : 2020-06-09 |
Genre | : Political Science |
ISBN | : 0815738064 |
How will China reform its economy as it aspires to become the next economic superpower? It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with ageing problem and coping with a less accommodative global environment. In this book, economists from China's leading university and America's best-known think tank offer in depth analyses of these challenges. Does China have enough talent and right policy and institutional mix to transit from input-driven to innovation-driven economy? What does ageing mean, in terms of labor supply, consumption demand and social welfare expenditure? Can China contain the environmental and climate change risks? How should the financial system be transformed in order to continuously support economic growth and keep financial risks under control? What fiscal reforms are required in order to balance between economic efficiency and social harmony? What roles should the state-owned enterprises play in the future Chinese economy? In addition, how will technological competition between the United States and China affect each country's development? Will the Chinese yuan emerge as a major reserve currency, and would this destabilize the international financial system? What will be China's role in the international economic institutions? And will the United States and other established powers accept a growing role for China and the rest of the developing world in the governance of global institutions such as the World Trade Organization and the International Monetary Fund, or will the world devolve into competing blocs? This book provides unique insights into independent analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in economic reform will have a large impact, not just on China's development, but also on stability and prosperity for the whole world.
Author | : Matteo Dian |
Publisher | : Springer |
Total Pages | : 142 |
Release | : 2018-02-28 |
Genre | : Political Science |
ISBN | : 3319755056 |
This book offers a theoretically informed study of recent Chinese initiatives to provide forms of regional economic governance; or as it is often termed in Chinese discourses, regional “public goods”. It does so by considering the evolution of Chinese thinking on international relations and the global order, and by considering how the development of the Asian Infrastructure Investment Bank, the Belt and Road Initiative, and the putative Regional Comprehensive Economic Partnership reflect this change in thinking – and the change in both Chinese objectives and tactics.
Author | : Lili Yan Ing |
Publisher | : Routledge |
Total Pages | : 299 |
Release | : 2019-05-22 |
Genre | : Business & Economics |
ISBN | : 0429782489 |
The growth of world trade has been stagnant in recent times; trade liberalisation now has been challenged. The recent rise of anti-globalisation calls for a better integration in East Asia. How should East Asia manage its openness? This book provides profound analyses on rules of origins, non-tariff measures, restrictiveness in services and investment. It gives insight into how East Asian countries should shape its trade, investment and industrial policies. This book helps to answer what kind of a better integration it should be, and how East Asia can realise it.
Author | : Kurt Campbell |
Publisher | : Twelve |
Total Pages | : 464 |
Release | : 2016-06-07 |
Genre | : Political Science |
ISBN | : 1455568961 |
From former assistant secretary of state Kurt M. Campbell comes the definitive analysis and explanation of the new major shift in American foreign policy, its interests and assets, to Asia. There is a quiet drama playing out in American foreign policy far from the dark contours of upheaval in the Middle East and South Asia and the hovering drone attacks of the war on terror. The United States is in the midst of a substantial and long-term national project, which is proceeding in fits and starts, to reorient its foreign policy to the East. The central tenet of this policy shift, aka the Pivot, is that the United States will need to do more with and in the Asia-Pacific hemisphere to help revitalize its own economy, to realize the full potential of the region's dramatic innovation, and to keep the peace in the world's most dynamic region where the lion's share of the history of the twenty-first century will be written. This book is about a necessary course correction for American diplomacy, commercial engagement, and military innovation during a time of unrelenting and largely unrewarding conflict. While the United States has intensified its focus on the Asia-Pacific arena relative to previous administrations, much more remains to be done. The Pivot is about that future. It explores how the United States should construct a strategy that will position it to maneuver across the East and offers a clarion call for cunning, dexterity, and ingenuity in the period ahead for American statecraft in the Asia-Pacific region.
Author | : Marty Natalegawa |
Publisher | : ISEAS-Yusof Ishak Institute |
Total Pages | : 258 |
Release | : 2018-07-16 |
Genre | : Political Science |
ISBN | : 9814786748 |
Written by the highly regarded diplomat Marty Natalegawa, former ambassador and foreign minister of Indonesia, this book offers a unique insider-perspective on the present and future relevance of ASEAN. It is about ASEAN’s quest for security and prosperity in a region marked by complex dynamics of power. Namely, the interplay of relations and interests among countries — large and small — which provide the settings within which ASEAN must deliver on its much-cited leadership and centrality in the region. The book seeks to answer the following questions: How can ASEAN build upon its past contributions to the peace, security and prosperity of Southeast Asia, to the wider East Asia, the Asia-Pacific and the Indo-Pacific regions? More fundamentally and a sine qua non, how can ASEAN continue to ensure that peace, security and prosperity prevail in Southeast Asia? And, equally central, how can ASEAN become more relevant to the peoples of ASEAN, such that its contributions can be genuinely felt in making better the lives of its citizens?