TY - JOUR
T1 - Trade agreements and strategic rivalry in Asia
AU - Wesley, Michael
N1 - Publisher Copyright:
© 2015 Australian Institute of International Affairs.
PY - 2015/9/3
Y1 - 2015/9/3
N2 - The Asia Pacific is currently beset by two contradictory trends: growing economic interdependence and deepening strategic rivalry. Amidst these trends, new sets of regional trade agreements are being negotiated, primarily the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP). This article argues that these proposals represent a third phase of competitive regionalism in the Asia Pacific, which will be more complex than the previous two rounds. This complexity is driven by two factors: this time, rivalry is not over scope or leadership but regional order; and this time there is a greater number of leading players in the rivalry.
AB - The Asia Pacific is currently beset by two contradictory trends: growing economic interdependence and deepening strategic rivalry. Amidst these trends, new sets of regional trade agreements are being negotiated, primarily the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP). This article argues that these proposals represent a third phase of competitive regionalism in the Asia Pacific, which will be more complex than the previous two rounds. This complexity is driven by two factors: this time, rivalry is not over scope or leadership but regional order; and this time there is a greater number of leading players in the rivalry.
KW - Asia Pacific
KW - competitive regionalism
KW - economic interdependence
KW - regional comprehensive economic partnership
KW - trans-pacific partnership
UR - http://www.scopus.com/inward/record.url?scp=84941733037&partnerID=8YFLogxK
U2 - 10.1080/10357718.2015.1048783
DO - 10.1080/10357718.2015.1048783
M3 - Article
SN - 1035-7718
VL - 69
SP - 479
EP - 495
JO - Australian Journal of International Affairs
JF - Australian Journal of International Affairs
IS - 5
ER -