IDEAS home Printed from https://ideas.repec.org/a/taf/rcejxx/v14y2021i2p128-143.html
   My bibliography  Save this article

RCEP: a strategic opportunity for multilateralism

Author

Listed:
  • Peter Drysdale
  • Shiro Armstrong

Abstract

East Asia’s Regional Comprehensive Economic Partnership (RCEP) agreement was concluded in a time of heightened uncertainty in the global economy and in the middle of the largest economic downturn in almost a century from a pandemic-induced global recession. The agreement consolidated the 10 member ASEAN’s free trade agreements with Australia and New Zealand, and the three northeast Asian economic powers China, Japan and South Korea. RCEP's economic cooperation agenda incorporates ASEAN processes which go beyond helping countries to implement the agreement and has potential to expand cooperation to new areas. This economic cooperation process makes RCEP a living agreement that can serve the needs of members as they evolve. It can also be used to embrace non-RCEP members, especially India, around particular agendas. The agreement is an important opportunity for China to use the RCEP framework to trial reforms and demonstrate its commitment to broader international multilateral liberalisation and economic cooperation.

Suggested Citation

  • Peter Drysdale & Shiro Armstrong, 2021. "RCEP: a strategic opportunity for multilateralism," China Economic Journal, Taylor & Francis Journals, vol. 14(2), pages 128-143, May.
  • Handle: RePEc:taf:rcejxx:v:14:y:2021:i:2:p:128-143
    DOI: 10.1080/17538963.2021.1937092
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17538963.2021.1937092
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/17538963.2021.1937092?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhu, Nina & Wang, Yuqing & Yang, Shuwen & Lyu, Lixing & Gong, Kunyao & Huang, Xinyue & Huang, Siyi, 2024. "Structure characteristics and formation mechanism of the RCEP manufacturing trade network: An ERGM analysis," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 635(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rcejxx:v:14:y:2021:i:2:p:128-143. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rcej .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.