ERIA: Economic Research Institute for ASEAN and East Asia

Publication : Books

Dynamism of East Asia and RCEP: The Framework for Regional Integration

Editor(s)/Author(s) : - 2 November 2022

RCEP, RCEP countries, ASEAN and East Asia

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Recent research conducted by the Economic Research Institute for ASEAN and East Asia (ERIA) on the Regional Comprehensive Economic Partnership (RCEP) details the structure of RCEP in terms of the complexity of its commitments, modalities, and mechanisms. It also explores RCEP’s potential implications regarding the integration process in the region and how key features can strengthen domestic and regional integration. The impact of businesses, behind-the-border issues, and domestic capacities of RCEP member countries are also discussed, in addition to potential benefits of the agreement. Finally, it addresses emerging issues, especially with respect to COVID-19 pandemic recovery.

This second book, Dynamism of East Asia and Regional Comprehensive Economic Partnership (RCEP): The Framework for Regional Integration, addresses selected questions regarding trade in goods, trade in services, investment, and economic cooperation. Although these are more technical in nature, it is important for both the private and public sectors to understand RCEP’s position vis-à-vis other agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Chapters highlight key policy issues to increase the impact of a regional free trade agreement, such as RCEP, on domestic and regional integration.