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Mega-Regionalism in Southeast Asia - Single- and Dual-Track Options for ASEAN Member States

Kiki Verico

Asian Economics Letters, 2021, vol. 3, issue Early View, 1-5

Abstract: This paper compares the effects of the economic convergence levels of the two mega-regional cooperative efforts of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP) on the Association of Southeast Asian Nations (ASEAN). It finds that the single track of the RCEP has preserved a balance between open regionalism and economic convergence that better fits ASEAN economic features compared to the dual track of both the RCEP and CPTPP.

Keywords: economic integration; neoclassical models of trade; cross-country convergence (search for similar items in EconPapers)
JEL-codes: F15 F42 N75 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Asian Economics Letters is currently edited by Chun-Ping Chang (Shih Chien University, Taiwan) and Professor Chien-Chiang Lee (Nanchang University, China)

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