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Chapter1.Recenttrends
ofmega-regionalintegration
andglobalvaluechainupgrading
intheAsia-Pacificregion
Inrecentyears,theworldwideRTA/FTAboomseemstohavesettleddown
becauseofthetendencyofHanti-globalism”.Figure1showstherecenttrendof
thenumberofRTAsinforce.Inearly2000,roughlytenormorenewRTA/FTAs
cameintoforceperyear,andinthepeakyearof2009,21RTAs/FTAswere
introduced.Incomparison,theworldwideRTA/FTAboomseemstohave
settleddowninrecentyears.Forthelastthreeyears(2018-2020),onlyfveor
fewerRTA/FTAsenteredintoforce(WorldTradeOrganization,2020).2
USwithdrawalfromTPPandBrexitmovementissymbolicofthisHanti-
globalism”tendency.
Fig.1.RTAscurrentlyinforce(byyearofentryintoforce),1948-2020
Source:(WTO,2020).
Despitethisdecliningtrend,RTA/FTAsarestillanimportantpositioninthe
globaleconomicsystem.In2020,304RTA/FTAscameintoforceglobally,and
EuropeandEastAsiaarethemostconcentratedtworegionsofRTA/FTAs.
Europehad101,andEastAsiahad92RTA/FTAsin2020(WTO,2020)(Figure2).
2FTA/RTAsinforceuptoJune6thareincludedinthisdatabase.