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Analysis of The Potential Impact of Regional Comprehensive Economic Partnership on the ASEAN Member Countries

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  • Makmun Syadullah
  • Miftahudin -
  • Benny Gunawan Ardiansyah

Abstract

This paper aims to analyze the potential impacts of the RCEP concept developed in the working group and the potential impact on market expansion. Based on the results achieved in the working group dis-cussions, we used a qualitative approach. We put together a simulation of how the impact on trade and mar-ket development has been the goal of the establishment of RCEP. We concluded that the unification of the 16 countries in the RCEP expected to reduce the spaghetti bowl effect caused by a number of free trade agree-ments followed by a country. However, because RCEP does not eliminate regional free trade agreements that exist, RCEP tend to add to the chain's new spaghetti bowl. In addition, the opening of market access among partner countries in the ASEAN-expected results in increased trade intra-ASEAN partner countries so that the impact on economic growth in the region in general and ASEAN in particular.

Suggested Citation

  • Makmun Syadullah & Miftahudin - & Benny Gunawan Ardiansyah, 2017. "Analysis of The Potential Impact of Regional Comprehensive Economic Partnership on the ASEAN Member Countries," Journal of Social and Development Sciences, AMH International, vol. 8(2), pages 28-37.
    • Handle: RePEc:rnd:arjsds:v:8:y:2017:i:2:p:28-37
    DOI: 10.22610/jsds.v8i2.1794
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    References listed on IDEAS

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    1. Jayant Menon, 2013. "Can FTAs Support the Growth or Spread of International Production Networks in Asia?," Departmental Working Papers 2013-06, The Australian National University, Arndt-Corden Department of Economics.
    2. Itakura, Ken, 2014. "Impact of liberalization and improved connectivity and facilitation in ASEAN," Journal of Asian Economics, Elsevier, vol. 35(C), pages 2-11.
    3. Evelyn S. Devadason & Mushay Adeniyi Ogundipe, 2015. "Framing China-Malaysia trade relations beyond Asean: factoring the regional comprehensive economic partnership," Journal of Developing Areas, Tennessee State University, College of Business, vol. 49(2), pages 39-56, April-Jun.
    4. Yoshifumi Fukunaga & Ikumo Isono, 2013. "Taking ASEAN+1 FTAs towards the RCEP: A Mapping Study," Working Papers DP-2013-02, Economic Research Institute for ASEAN and East Asia (ERIA).
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