Understanding the Latest Wave and Future Shape of Regional Trade and Cooperation Agreements in Asia

摘要: Asia accounts for more than 30% of world GDP and contributes half the global growth in recent years. Despite high rates, is still facing considerable socio-economic challenges. If to reemerge as a major power economy order region successfully address its own challenges issues there need make region's economies integrated regionally internationally. Following trend, witnessed wave subregional bilateral trade agreements. This paper analyzes trends patterns nature regional cooperation agreements (RTCAs) associated problems prospects. It also attempts understand latest future shape RTCAs examines if these provide basis new Asia-wide or emergence blocs several groupings.