Analysis of The Potential Impact of Regional Comprehensive Economic Partnership on the ASEAN Member Countries

  • Makmun Syadullah Fiscal Policy Agency, the Ministry of Finance of the Republic Indonesia
  • Miftahudin - Fiscal Policy Agency, the Ministry of Finance of the Republic Indonesia
  • Benny Gunawan Ardiansyah State Finance College, the Ministry of Finance of the Republic of Indonesia
DOI: https://doi.org/10.22610/jsds.v8i2.1794
Keywords: RCEP, RCA dynamic, competitiveness, trade, export-import

Abstract

This paper aims to analyze the potential impacts of the RCEP concept developed in the working group and the potential impact on market expansion. Based on the results achieved in the working group dis-cussions, we used a qualitative approach. We put together a simulation of how the impact on trade and mar-ket development has been the goal of the establishment of RCEP. We concluded that the unification of the 16 countries in the RCEP expected to reduce the spaghetti bowl effect caused by a number of free trade agree-ments followed by a country. However, because RCEP does not eliminate regional free trade agreements that exist, RCEP tend to add to the chain's new spaghetti bowl. In addition, the opening of market access among partner countries in the ASEAN-expected results in increased trade intra-ASEAN partner countries so that the impact on economic growth in the region in general and ASEAN in particular.

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Published
2017-08-18
How to Cite
Syadullah, M., -, M., & Ardiansyah, B. G. (2017). Analysis of The Potential Impact of Regional Comprehensive Economic Partnership on the ASEAN Member Countries. Journal of Social and Development Sciences, 8(2), 28-37. https://doi.org/10.22610/jsds.v8i2.1794
Issue
Vol 8 No 2 (2017)
Section
Research Paper

Copyright (c) 2017 Makmun Syadullah, Miftahudin -, Benny Gunawan Ardiansyah

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