On Evolutionary Geoeconomics and the RCEP Case: A Correlative SWOT Analysis

Abstract

This integrative review introduces the correlative and evolutionary perspective of SWOT as a strategic analysis mechanism of geoeconomics. We use the Regional Comprehensive Economic Partnership (RCEP) as a case study. Thus, we establish the emerging challenges and threats by correlating the comparative strengths and weaknesses of the RCEP, its members, and the global system. We conclude that this evolutionary approach of SWOT in geoeconomics can contribute to a holistic understanding of the current phase of the new globalization. It appears that evolutionary geoeconomics studies dialectically opposing views and interests. In this direction, we find that the vision and ambitions of the RCEP do not delve into significant socioeconomic depth compared to other multilateral organizations. This fact poses strategic risks to this new trade bloc’s longevity and socioeconomic sustainability. At the same time, we examine how these geostrategic dimensions are linked to the gradual construction of the broader framework of the new perspective of global socioeconomic development.