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The Regional Comprehensive Economic Partnership Agreement and Its Expected Effects on World Trade

Author

Listed:
  • Lisandra Flach

    (ifo Institut)

  • Hannah-Maria Hildenbrand

    (ifo Institut)

  • Feodora Teti

    (ifo Institut)

Abstract

The Regional Comprehensive Economic Partnership agreement creates the world’s largest free trade zone. The agreement has the potential to increase trade relations among its members and further promote the development of regional value chains in “Factory Asia”. This article presents the topics included in the recently concluded agreement, details the existing economic linkages between its members and discusses the expected consequences for its member states and third countries.

Suggested Citation

  • Lisandra Flach & Hannah-Maria Hildenbrand & Feodora Teti, 2021. "The Regional Comprehensive Economic Partnership Agreement and Its Expected Effects on World Trade," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(2), pages 92-98, March.
    • Handle: RePEc:spr:intere:v:56:y:2021:i:2:d:10.1007_s10272-021-0960-2
    DOI: 10.1007/s10272-021-0960-2
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    References listed on IDEAS

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    1. Feodora Teti, 2020. "30 Years of Trade Policy: Evidence from 5.7 Billion Tariffs," ifo Working Paper Series 334, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    2. Gaulier, Guillaume & Zignago, Soledad, 2004. "Notes on BACI (analytical database of international trade). 1989-2002 version," MPRA Paper 32401, University Library of Munich, Germany.
    3. Zhi Wang & Shang-Jin Wei & Xinding Yu & Kunfu Zhu, 2017. "Measures of Participation in Global Value Chains and Global Business Cycles," NBER Working Papers 23222, National Bureau of Economic Research, Inc.
    4. Meng, Bo & Xiao, Hao & Ye, Jiabai & Li, Shantong, 2019. "Are global value chains truly global? a new perspective based on the measure of trade in value-added," IDE Discussion Papers 736, Institute of Developing Economies, Japan External Trade Organization(JETRO).
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    Cited by:

    1. Andreas Baur & Lisandra Flach & Feodora Teti, 2021. "30 Years of Mercosur – Integration Progress, Failures, and Future Trade Policy," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(04), pages 31-40, April.
    2. Andreas Baur & Lisandra Flach & Feodora Teti, 2023. "Integration of Mercosur in the Global Economy," EconPol Policy Reports 43, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    3. Jan Wedemeier & Lukas Wolf, 2022. "Navigating Rough Waters: Global Shipping and Challenges for the North Range Ports," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 57(3), pages 192-198, May.
    4. Marc Atkins & Christian Peitz, 2023. "The world's largest free trade agreement RCEP and its financial markets - A perspective on volatility and risk," Working Papers Dissertations 113, Paderborn University, Faculty of Business Administration and Economics.
    5. Johannes Perger, 2022. "Regional shifts in production and trade in the metal markets: a comparison of China, the EU, and the US," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 35(3), pages 627-640, December.

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