The role of deep regional trade agreements in enhancing supply chain resilience: Evidence from the Asia-Pacific

Key Points

• Supply chain resilience improves with regional trade agreements, facilitating better resource allocation and collaboration.
• Key metrics indicate that regions with deep trade agreements experience 25% fewer disruptions in supply chains compared to those without.
• Observational analysis across multiple Asia-Pacific nations highlights the significance of regional integration in trade dynamics.
• Findings imply that boosting regional trade relations may enhance economic stability and recovery from disruptions.