Trans-Pacific Partnership versus Regional Comprehensive Economic Partnership

December 1, 2014

This paper argues that the formation of regional integration frameworks can be best understood as a dominant state’s attempt to create a preferred regional framework in which it an exercise exclusive influence. In this context, it is important to observe not only which countries are included in a regional framework, but also which countries are excluded from it. The paper focuses on the Trans-Pacific Partnership (TPP) and the Regional Comprehensive Economic Partnership (RCEP).

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Topics: MEGA-REGIONAL AGREEMENT REGIONAL INTEGRATION

Agreements: REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP (RCEP) TRANS-PACIFIC PARTNERSHIP (TPP)

Regions: LATIN AMERICA AND THE CARIBBEAN (LAC) NORTH AMERICA ASIA-PACIFIC EUROPEAN UNION (EU)

Authors: SHINTARO HAMANAKA

Publishing Institution: ASIAN DEVELOPMENT BANK

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