IDEAS home Printed from https://ideas.repec.org/a/vrs/ecothe/v54y2016i1p83-102n5.html
   My bibliography  Save this article

Trans - Pacific Economic Integration Processes

Author

Listed:
  • Gajinov Dejana

    (Centar for Global Economic Development, Belgrade, Serbia)

Abstract

Asia-Pacific (AP) region is the world’s most important region today from the viewpoint of long-term economic growth. It is also the extremely important cite of rivalries or partnerships - or both - between China and the United States. The strong expansion of trade, investment and other economic ties within the AP region has stimulated the process of economic integration. The network of bilateral and regional free trade agreements has increased dramatically in recent years, linking virtually all major trading countries in the region, with one exception: either the US or China have not become members of the free trade arrangements involving the other country. The paper examines the scope, principles and characteristics of economic relations and cooperation in the AP region. The issue of whether Asian efforts for regional integration have been compatible with an open multilateral trading system at the global level is also addressed. The paper also assesses changes in the dynamics of regional integration and its future prospects. In this sense, in the Asia Pacific there are now two tracks which lead to the formation of a Free Trade Area of the Asia-Pacific (FTAAP): Asian, based on the Association of Southeast Asian Nations (ASEAN) and the Regional Comprehensive Economic Partnership (RCEP) and trans-pacific, based on Trans-Pacific Partnership (TPP).

Suggested Citation

  • Gajinov Dejana, 2016. "Trans - Pacific Economic Integration Processes," Economic Themes, Sciendo, vol. 54(1), pages 83-102, March.
    • Handle: RePEc:vrs:ecothe:v:54:y:2016:i:1:p:83-102:n:5
    DOI: 10.1515/ethemes-2016-0005
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/ethemes-2016-0005
    Download Restriction: no
    File URL: https://libkey.io/10.1515/ethemes-2016-0005?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
    ---><---

    References listed on IDEAS

    as
    1. Cathleen Cimino-Isaacs & Jeffrey J. Schott, 2016. "Trans-Pacific Partnership: An Assessment," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 7137, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yana Valeryevna Dyomina, 2020. "Multilateral and Bilateral Economic Cooperation in Northeast Asia," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 3, pages 156-180.
    2. Ken Itakura & Hiro Lee, 2023. "Should the United States rejoin the Trans-Pacific trade deal?," International Economics and Economic Policy, Springer, vol. 20(2), pages 235-255, May.
    3. Lee, Hiro & Itakura, Ken, 2018. "The welfare and sectoral adjustment effects of mega-regional trade agreements on ASEAN countries," Journal of Asian Economics, Elsevier, vol. 55(C), pages 20-32.
    4. Paramita Dasgupta & Kakali Mukhopadhyay, 2017. "The impact of the TPP on selected ASEAN economies," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 6(1), pages 1-34, December.
    5. Kamal Halili Hassan & Muhammad Faliq Abd Razak & Rohaida Nordin & Rohani Abdul Rahim, 2018. "Malaysia with the Trans-Pacific Partnership Agreement: Aftermath of the United States Withdrawal From the TPPA," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 8(10), pages 868-880, October.
    6. Aggarwal, Vinod K & Evenett, Simon, 2013. "A Fragmenting Global Economy: A Weakened WTO, Mega FTAs, and Murky Protectionism," CEPR Discussion Papers 9781, C.E.P.R. Discussion Papers.
    7. Mikhail Vladimirovich Tomilov, 2019. "Configuration of Free Trade Zones in the Asian-Pacific Region: Comparison of Integration Potentials," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 1, pages 84-106.
    8. Mireya Solís & Shujiro Urata, 2018. "Abenomics and Japan's Trade Policy in a New Era," Asian Economic Policy Review, Japan Center for Economic Research, vol. 13(1), pages 106-123, January.
    9. Juan He, 2019. "Do unilateral trade measures really catalyze multilateral environmental agreements?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 19(6), pages 577-593, December.
    10. Jafari, Yaghoob & Britz, Wolfgang & Guimbard, Houssein & Beckman, Jayson, 2021. "Properly capturing tariff rate quotas for trade policy analysis in computable general equilibrium models," Economic Modelling, Elsevier, vol. 104(C).
    11. Chu Thanh, Giang & Dinh Hoang, Anh & Nguyen Phuong, Linh, 2017. "Vietnam’s recognition and enforcement of foreign arbitral awards and preparation for EVFTA," Papers 1135, World Trade Institute.
    12. Mark ANNER, 2021. "Three labour governance mechanisms for addressing decent work deficits in global value chains," International Labour Review, International Labour Organization, vol. 160(4), pages 611-629, December.

    More about this item

    Keywords

    economic integration; Asia-Pacific region; open regionalism; ASEAN; EAC; RCEP; APEC; TPP; FTAAP;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration

    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:vrs:ecothe:v:54:y:2016:i:1:p:83-102:n:5. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    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.