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The future of Asian FTAs and trade blocs after Covid-19

Bendebka, Ramzi (2020) The future of Asian FTAs and trade blocs after Covid-19. Asia Power Watch, France.

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Abstract

With the Covid-19 pandemic, the Asia-Pacific region (APAC) is facing a new challenge to its economic and trade engine. As the virus kept spreading, global economic issues and public health took center stage in Asia-Pacific countries from the beginning of 2020 until today. As a result, the IMF growth forecast for the region stands at zero percent in 2020, the worst performance in 60 years, with China’s growth declining from 6.1% in 2019 to a projected 1.2% in 2020. An even more significant contraction is expected in the US, where GDP growth could drop to -6% in 2020. This grim outlook raises the question of the future of regional cooperation and trade agreements in Asia-Pacific, and how countries will adapt in the post-COVID-19 world.

Item Type: Article (Electronic Media)
Additional Information: 9068/80592
Uncontrolled Keywords: Asian FTAs,trade blocs, Covid-19, coronavirus, pandemic
Subjects: H Social Sciences > HC Economic History and Conditions > HC94 By region or country
H Social Sciences > HF Commerce > HF1021 Commercial geography. Economic geography
J Political Science > JQ Political institutions Asia
J Political Science > JZ International relations
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Islamic Revealed Knowledge and Human Sciences > Department of Fundamental and Inter-Disciplinary Studies (Effective: 5th Feb 2014)
Kulliyyah of Islamic Revealed Knowledge and Human Sciences
Depositing User: Dr Ramzi Bendebka
Date Deposited: 01 Jun 2020 16:03
Last Modified: 01 Jun 2020 16:03
URI: http://irep.iium.edu.my/id/eprint/80592

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