The world needs RCEP

US Vice President Mike Pence is greeted by ASEAN Secretary-General Le before a meeting with ASEAN permanent representatives at the Association of Southeast Asian Nations (ASEAN) Secretariat in Jakarta, Indonesia, 20 April, 2017 (Photo: Reuters/Mast Irham/Pool).

Author: Yizhe (Daniel) Xie, Waseda University

Global trade needs a win to fend off rising tides of protectionism and anti-globalisation. The Regional Comprehensive Economic Partnership (RCEP) offers the best ammunition to achieve this. Read more…

Southeast Asia matters too

Australian Prime Minister Malcolm Turnbull (C) and Indonesian President Joko Widodo (L) shake hands with people after visiting a market in central Jakarta, Indonesia 12 November 2015. (Photo: Reuters/Darren Whiteside).

Author: John Blaxland, ANU

Australia needs to look beyond great powers like China and holistically engage with its immediate neighbours in Southeast Asia. This means its approach to China, ‘thinking big — strategically and for the long term’ must extend to Southeast Asia, with all sectors of Australian society engaging.    Read more…

Assessing the ASEAN Economic Community

People use ATM machines of Siam Commercial Bank inside a department store, in Bangkok, Thailand, 18 April 2016. (Photo: Reuters/Athit Perawongmetha).

Authors: Somkiat Tangkitvanich and Saowaruj Rattanakhamfu, TDRI

East Asia continues to sustain a high level of economic integration, yet a significant proportion of intraregional trade is still uncovered by agreements to guard against current and possible future protectionism. Without multilateral movement under the World Trade Organization, further regional integration can proceed only through agreements that reduce trade barriers within the region. Read more…

India’s Asian integration strategy

Workmen unload a truck at a port in Kolkata. Major ports cause shippers frustration while smaller, private ports are increasing efficiency and market share. (Photo: Reuters/Rupak De Chowdhuri).

Author: Dhiraj Nayyar, NITI Aayog

The Indian economy is experiencing rapid growth of between 7 and 8 per cent a year. To sustain that growth rate and for India to achieve its development potential, it must open up its economy and have a strong export sector. Read more…

Asia and the tide against globalisation

People perform Tai Chi on the Bund in front of the financial district of Pudong in Shanghai, China (Photo: Reuters/Aly Song).

Author: Editors, East Asia Forum

The Trans-Pacific Partnership is dead; the largest free-trade zone in the world, the European Union, has splintered; and the global economy is on the way to notching up a decade of sub-par growth in trade and output following the global financial crisis.

Read more…

The institutions behind East Asia’s transformation

Workers tie bamboo to erect a temporary shade for shops in New Delhi (Photo: Reuters/Kamal Kishore).

Author: Ponciano Intal Jr, ERIA

One remarkable development in East Asia over the past three decades is the emergence of a regional architecture — a coherent network of institutions that work together for prosperity and stability — that has revolved around small and middleweight countries with support from the Pacific’s big powers. Read more…

How to manage geopolitical instability in East Asia

US Secretary of State Rex Tillerson (L) and China's Foreign Minister Wang Yi take their seats before a meeting on the sidelines of a gathering of Foreign Ministers of the G20 leading and developing economies at the World Conference Center in Bonn, western Germany, 17 February 2017. (Photo: Reuters/Brendan Smialowski).

Author: Hitoshi Tanaka, JCIE

East Asia and the world are facing uncertain times. The balance of regional power is shifting as emerging market economies such as China are benefiting from globalisation and are continuing to rise. Read more…