The Evolutionary and Correlative SWOT Analysis in Geoeconomics: Examining the RCEP within Today’s Global Political Economy

Dimos Chatzinikolaou, Foteini (Feni) Kapaltzoglou () and Charis Vlados
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Foteini (Feni) Kapaltzoglou: Democritus University of Thrace, Department of Economics, Postal: Department of Economics, University Campus, Komotini, 69100, Greece

No 6-2023, DUTH Research Papers in Economics from Democritus University of Thrace, Department of Economics

Abstract: We aim at presenting a dynamic interpretation and use of SWOT (evolutionary and correlative) as a strategic evaluation tool in geoeconomics, using the Regional Comprehensive Economic Partnership (RCEP) as an illustrative example. We identify the arising challenges and hazards by assessing the relative strengths and weaknesses of the RCEP, its participating countries, and the worldwide system. Our findings suggest that applying a correlative SWOT methodology in geoeconomics aids in gaining a well-rounded comprehension of the current stage of the new globalization. It appears that dynamic geoeconomics investigates contrasting opinions and objectives dialectically. We discover that, in comparison to other multilateral institutions, the RCEP’s objectives and aspirations lack substantial socioeconomic depth. This issue presents strategic dangers to the trade bloc’s endurance and socioeconomic viability.

Keywords: evolutionary SWOT evaluation; geoeconomics; geostrategic planning; global political economy; RCEP; economic development; new globalization (search for similar items in EconPapers)
JEL-codes: B52 F60 P16 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2023-12-27
New Economics Papers: this item is included in nep-hme and nep-int
Note: In The 35th Annual EAEPE Conference on “Power and Empowerment in times of multiple crisis.” Leeds, UK. 13-15 September 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ris:duthrp:2023_006

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