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The withdrawal of the United States from the Trans-Pacific Partnership (TPP) in early 2017 led the remaining 11 countries in that trade and investment agreement to explore alternative ways to sustain economic integration in the Asia-Pacific region. This Working Paper shows that, without the...
Persistent link: https://www.econbiz.de/10012946282
Powerful technological platforms — artificial intelligence, gene editing, robotics — are driving a new wave of global innovation, with China and the United States emerging as the “G2” in these and other areas of technology. The United States is ahead overall, but its technology...
Persistent link: https://www.econbiz.de/10012864299
The global economic and financial landscape has been transformed over the past decade by the growing economic size and financial power of emerging economies. The new G20 summit process, which includes the largest emerging economies, has established high-level international policy cooperation in...
Persistent link: https://www.econbiz.de/10014192503
The global economic crisis refocused attention on the governance of international economic institutions (IEIs). This study uses the analytical framework of club theory to highlight structural obstacles to reform in international macroeconomic management, development finance, trade, and financial...
Persistent link: https://www.econbiz.de/10014198494
East Asian trade agreements are often described as a complicated "noodle bowl," which shows links in the region as a snarled, overlapping, intertwined mass. But this is a misleading representation-Asia's regional agreements may in fact be creating an order of a different sort, building the...
Persistent link: https://www.econbiz.de/10014212876
The Regional Comprehensive Economic Partnership (RCEP) and Trans-Pacific Partnership (TPP) negotiations could create way-stations toward the Free Trade Agreement of the Asia-Pacific (FTAAP). They could yield new, regionally acceptable rules and facilitate experimentation with and adjustment to...
Persistent link: https://www.econbiz.de/10014141303
Neither of the major negotiations underway in the Asia-Pacific region, the Regional Comprehensive Economic Partnership and the Trans-Pacific Partnership, includes both China and the United States. By failing to connect these economies, these agreements would leave much of the economic and...
Persistent link: https://www.econbiz.de/10014141306