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Potential Impact of RCEP and Structural Transformation on Cambodia

In: Regional Comprehensive Economic Partnership: Implications, Challenges, and Future Growth of East Asia and ASEAN

Author

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  • Shandre Mugan Thangavelu

    (Jeffrey Cheah Institute for Southeast Asia, Sunway University Institute for International Trade, University of Adelaide)

  • Vutha Hing
  • Ea Hai Khov
  • Bunroth Khong
  • Seychanly Tith

Abstract

This chapter examines the potential impact of the Regional Comprehensive Economic Partnership (RCEP) on the Cambodian economy in terms of trade, output growth, and employment. It also provides quantitative (structural gravity model estimation and simulation) and qualitative trade policy evaluation in terms of exports, output, and the structural transformation of the economy in global and regional value chains. The results highlight the importance of RCEP for the pandemic and post-pandemic recovery and the structural transformation of the Cambodian economy. The chapter also provides key policy recommendations to fully maximise the benefits of RCEP for Cambodia for inclusive and sustainable growth.

Suggested Citation

  • Shandre Mugan Thangavelu & Vutha Hing & Ea Hai Khov & Bunroth Khong & Seychanly Tith, 2022. "Potential Impact of RCEP and Structural Transformation on Cambodia," Chapters, in: Fukunari Kimura & Shandre Mugan Thangavelu & Dionisius Narjoko (ed.), Regional Comprehensive Economic Partnership: Implications, Challenges, and Future Growth of East Asia and ASEAN, chapter 8, pages 195-245, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:chaptr:2022-rcep1-8
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