STRATEGI SINGAPURA MELALUI RCEP MENGHADAPI TRADE WAR PADA PERIODE DONALD TRUMP 2017-2021

Abstrak

This research aims to analyse Singapore's economic diplomacy strategy in response to global uncertainty resulting from the trade war between the United States and China during the 2017-2021 period. As a small and open economy, Singapore experienced significant impacts in the form of a decline in GDP growth forecasts in 2019 due to global supply chain disruptions. Utilising a descriptive qualitative method and the framework of neomercantilism theory, this study examines how Singapore implemented strategic interventions through regional institutions. The results of the research show that Singapore utilised the Regional Comprehensive Economic Partnership (RCEP) as an economic protective instrument to lock in market access, standardise rules of origin, and maintain its attractiveness for multinational corporations. The conclusion of this study confirms that the Singaporean government's economic activism through the RCEP successfully mitigated the risks of global hegemonic protection and strengthened its position as a financial and logistics hub in the Asia-Pacific.

Kata kunci

• Protection
• RCEP
• Singapore
• trade war