IDEAS home Printed from https://ideas.repec.org/a/taf/repsxx/v6y2018i3p338-348.html
   My bibliography  Save this article

The BRI and RCEP: ensuring cooperation in the liberalisation of trade in Asia

Author

Listed:
  • David Vines

Abstract

The Belt and Road Initiative (BRI) offers the prospect of trade integration between Asia and Europe. But it is subject to a number of risks, some of them are similar to those associated with the Trans-Pacific Partnership (TPP). East Asian trade liberalisation in the 1990s involved collaborative autonomy – a cooperative process of outward-looking unilateral liberalisation on a ‘most favoured nation’ (MFN) basis – rather than the creation of a regional free trade area. By contrast, the TPP has sought to create a free trade area, which would have led to trade diversion and have had other unsatisfactory features. The combination of BRI with the Regional Cooperation Economic Partnership (RCEP) might offer the possibility of outward-looking liberalisation, one which is neither dominated by China nor subject to the trade diversion of the TPP. This combination would bring strength and legitimacy to the BRI.

Suggested Citation

  • David Vines, 2018. "The BRI and RCEP: ensuring cooperation in the liberalisation of trade in Asia," Economic and Political Studies, Taylor & Francis Journals, vol. 6(3), pages 338-348, July.
    • Handle: RePEc:taf:repsxx:v:6:y:2018:i:3:p:338-348
    DOI: 10.1080/20954816.2018.1498992
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20954816.2018.1498992
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/20954816.2018.1498992?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. Zhou, Lingling & Pan, Chen & He, Jianwu & Li, Shantong, 2021. "The Impact of RCEP on Chinese Regional Economy from Global Value Chains Perspective," Conference papers 333306, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

    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:repsxx:v:6:y:2018:i:3:p:338-348. 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/reps .

    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.