Trade agreements and strategic rivalry in Asia

Michael Wesley

doi:10.1080/10357718.2015.1048783

Trade agreements and strategic rivalry in Asia

Michael Wesley^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

13 Citations (Scopus)

Abstract

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.

Original language	English
Pages (from-to)	479-495
Number of pages	17
Journal	Australian Journal of International Affairs
Volume	69
Issue number	5
DOIs	https://doi.org/10.1080/10357718.2015.1048783
Publication status	Published - 3 Sept 2015

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10.1080/10357718.2015.1048783

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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.

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KW - trans-pacific partnership

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Trade agreements and strategic rivalry in Asia

Abstract

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