East Asian Economic Review
- Volume 18 Issue 2
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- Pages.163-186
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- 2014
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- 2508-1640(pISSN)
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- 2508-1667(eISSN)
DOI QR Code
TPP versus RCEP: Control of Membership and Agenda Setting
- Hamanaka, Shintaro (Office of Regional Economic Integration, Asian Development Bank)
- Received : 2014.03.04
- Accepted : 2014.05.28
- Published : 2014.06.30
Abstract
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 can 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. For example, the distinct feature of the Trans-Pacific Partnership (TPP) is its exclusion of China, and that of the Regional Comprehensive Economic Partnership (RCEP) is its exclusion of the United States (US). An exclusion of a particular country does not mean that the excluded country will perpetually remain outside the framework. In fact, TPP may someday include China, resulting from a policy of the US "engaging" or "socializing" China rather than "balancing" against it. However, the first step of such a policy is to establish a regional framework from which the target country of engagement is excluded.
Keywords
- Free Trade Agreements (FTAs);
- Trans-Pacific Partnership (TPP);
- Regional Comprehensive Economic Partnership (RCEP);
- Membership;
- Exclusion;
- Agenda Setting