The massive Regional Comprehensive Economic Partnership (RCEP) agreement is expected to go into force in 2022. It could be instrumental in helping Asian economies bounce back from the pandemic.
Sanchita Basu-Das is an economist at the Regional Cooperation and Integration Division of the Economic Research and Regional Cooperation Department of ADB. She contributes to the division’s flagship publication, namely the Asian Economic Integration Report, and other knowledge products. She also supports the ASEAN regional forum. Her core research interests include regional cooperation and initiatives related to them, such as trade, logistics, industrial corridors, tourism, digital economy, institutions, and others. Sanchita joined ADB in November 2018 and served as an economist in the South Asia Regional Department, processing loans/ grants, implementing technical assistance projects and leading operationally relevant analytical studies.
Prior to joining ADB, Sanchita was the lead researcher for economic affairs at the ASEAN Studies Centre of ISEAS-Yusof Ishak Institute, Singapore. She was concurrently a fellow of the Regional Economic Studies Program, coordinator of Singapore APEC Studies Centre and a co-editor of Journal of Southeast Asian Economies (JSEAE), all housed under the same institute. Sanchita has published in international journals including the Singapore Economic Review, Journal of World Trade and Asia Pacific Economic Literature, authored/edited books and book chapters, and wrote for media. Sanchita earned her PhD in international political economy from Nanyang Technology University, Singapore, and her masters in economics and business management from the University of Delhi and the National University of Singapore, respectively.
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As the pandemic continues to affect global trade, governments need to take measures now to be better prepared for future disruptions.