The future of Asian FTAs and trade blocs after Covid-19
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 growt...
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| Format: | Article |
| Language: | English |
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Asia Power Watch
2020
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| Online Access: | http://irep.iium.edu.my/80592/ http://irep.iium.edu.my/80592/1/80592_The%20future%20of%20Asian%20FTAs%20and%20trade.pdf |
| _version_ | 1848788986622902272 |
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| author | Bendebka, Ramzi |
| author_facet | Bendebka, Ramzi |
| author_sort | Bendebka, Ramzi |
| building | IIUM Repository |
| collection | Online Access |
| description | 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. |
| first_indexed | 2025-11-14T17:49:32Z |
| format | Article |
| id | iium-80592 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T17:49:32Z |
| publishDate | 2020 |
| publisher | Asia Power Watch |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-805922020-06-01T08:03:14Z http://irep.iium.edu.my/80592/ The future of Asian FTAs and trade blocs after Covid-19 Bendebka, Ramzi HC94 By region or country HF1021 Commercial geography. Economic geography JQ Political institutions Asia JZ International relations 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. Asia Power Watch 2020-05-25 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/80592/1/80592_The%20future%20of%20Asian%20FTAs%20and%20trade.pdf Bendebka, Ramzi (2020) The future of Asian FTAs and trade blocs after Covid-19. Asia Power Watch, France. https://asiapowerwatch.com/the-future-of-asian-ftas-and-trade-blocs-after-covid-19/ |
| spellingShingle | HC94 By region or country HF1021 Commercial geography. Economic geography JQ Political institutions Asia JZ International relations Bendebka, Ramzi The future of Asian FTAs and trade blocs after Covid-19 |
| title | The future of Asian FTAs and trade blocs after Covid-19 |
| title_full | The future of Asian FTAs and trade blocs after Covid-19 |
| title_fullStr | The future of Asian FTAs and trade blocs after Covid-19 |
| title_full_unstemmed | The future of Asian FTAs and trade blocs after Covid-19 |
| title_short | The future of Asian FTAs and trade blocs after Covid-19 |
| title_sort | future of asian ftas and trade blocs after covid-19 |
| topic | HC94 By region or country HF1021 Commercial geography. Economic geography JQ Political institutions Asia JZ International relations |
| url | http://irep.iium.edu.my/80592/ http://irep.iium.edu.my/80592/ http://irep.iium.edu.my/80592/1/80592_The%20future%20of%20Asian%20FTAs%20and%20trade.pdf |