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Economic and Strategic Dimensions of MEGA-FTAS: A Perception Survey of Asian Opinion Leaders

dc.contributor.authorXIANBAI JI
dc.contributor.authorPRADUMNA B. RANA
dc.contributor.authorWAI-MUN CHIA
dc.contributor.authorCHANGTAI LI
dc.date.accessioned2017-03-01T09:50:13Z
dc.date.available2017-03-01T09:50:13Z
dc.date.issued2016-12-09
dc.identifier.urihttp://hdl.handle.net/11540/6753
dc.description.abstractThe advent of mega-free trade agreements (mega-FTAs) including the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP) and the Transatlantic Trade and Investment Partnership (TTIP) is a defining feature of global trade governance in the 21st century. What are the costs and benefits of mega- FTAs? What is the political and strategic calculus behind mega-FTAs? Is there a “domino effect” triggering off the mega-FTA troika in a chain of reactions? Does mega-regionalism reinforce or undermine multilateralism? Since commonly used econometrics models cannot shed light on non-economic issues, this paper examines mega-regionalism by conducting a perception survey. This survey received responses from 648 opinion leaders located in 31 Asian countries. Respondents felt that mega-FTAs are good trade policy instruments that are “building blocks” to multilateralism. Linked by a “domino effect”, the mega-FTAs have important political and strategic dimensions. The United States wants to socialise China by writing high- standard “rules of the road” through the TPP. China then pivoted to RCEP to counter the TPP. Brussels through TTIP wanted to join the mega-FTA bandwagon to stay relevant. Additionally, remaining questions on decentralising global economic architecture highlight the need for regional and global institutions to complement each other.
dc.languageEnglish
dc.publisherS. Rajaratnam School of International Studies
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleEconomic and Strategic Dimensions of MEGA-FTAS: A Perception Survey of Asian Opinion Leaders
dc.typeWorking Papers
dc.subject.expertResources evaluation
dc.subject.expertInput output analysis
dc.subject.expertImport volume
dc.subject.expertExport volume
dc.subject.expertExport Development
dc.subject.expertEconomic agreements
dc.subject.expertInternational market
dc.subject.expertImport policy
dc.subject.expertExport policy
dc.subject.adbProject Evaluation & Review Technique
dc.subject.adbOperations Evaluation
dc.subject.adbEvaluation
dc.subject.adbWorld Trade
dc.subject.adbTrade Volume
dc.subject.adbTrade Promotion
dc.subject.adbTrade Flows
dc.subject.adbTrade Development
dc.subject.adbPatterns Of Trade
dc.subject.naturalParticipatory monitoring and evaluation
dc.subject.naturalParticipative management
dc.subject.naturalForeign trade routes
dc.subject.naturalTrade routes
dc.subject.naturalForeign trade and employment
dc.title.seriesRSIS WORKING PAPER
dc.title.volumeNO. 299
dc.contributor.imprintS. Rajaratnam School of International Studies
oar.themeEvaluation
oar.themeTrade
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-006413
oar.authorJI, XIANBAI
oar.authorRANA, PRADUMNA B.
oar.authorCHIA, WAI-MUN
oar.authorLI, CHANGTAI
oar.importTRUE
oar.googlescholar.linkpresenttrue


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