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The proposed Trans-Pacific Partnership (TPP) is a free trade agreement among 12 Pacific Rim countries whose joint gross domestic products (GDPs) account for 36 percent of world GDP and whose mutual trade accounts for approximately 24 percent of world trade. As for most proposed free trade...
Persistent link: https://www.econbiz.de/10011764996
The Trans-Pacific Partnership (TPP) agreement, now in negotiation among nine Asia-Pacific countries, could yield annual global income gains of $295 billion (including $78 billion for the United States) and offers a pathway to free trade in the Asia-Pacific with potential gains of $1.9 trillion....
Persistent link: https://www.econbiz.de/10013103777
This paper argues that the formation of regional integration frameworks can be best understood as a dominant state's attempt to create a preferred regional framework in which it can exercise exclusive influence. In this context, it is important to observe not only which countries are included in...
Persistent link: https://www.econbiz.de/10011281416
The Trans-Pacific Partnership (TPP) Agreement aims to be a high quality, 21st Century economic agreement that furthers economic integration in the Asia Pacific. In late 2011 it remains unclear whether the TPP will turn out to be a stepping stone or stumbling block towards regional or global...
Persistent link: https://www.econbiz.de/10013117654
This paper argues that the formation of regional integration frameworks can be best understood as a dominant state’s attempt to create a preferred regional framework in which it can exercise exclusive influence. In this context, it is important to observe not only which countries are included...
Persistent link: https://www.econbiz.de/10011568343
This paper proposes a new method to predict the impact of preferential trade agreements (PTAs) on trade and welfare taking the Trans-Pacific Partnership (TPP) agreement as a case study. Relying on a novel dataset of treaty texts covering all trade agreements notified to the WTO, we first...
Persistent link: https://www.econbiz.de/10011658340
Many different approaches and databases have been developed for the evaluation of nontariff measures (NTMs) and free trade agreements (FTAs). This paper is devoted to the EUSouth Korea agreement, which is the first ‘second-generation’ FTA of the EU, addressing a wide array of non-tariff...
Persistent link: https://www.econbiz.de/10013235928
The Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership will impact on substantive market regulations in a wide a range of areas bearing on market access, both by establishing substantive new horizontal and sectoral standards and by establishing requirements regarding...
Persistent link: https://www.econbiz.de/10013003154
The future creation of a region-wide economic agreement in Asia has become the hot issue among trade policymakers in the region. The APEC 2010 Summit Statement clearly states that the members should pursue a Free Trade Area of the Asia-Pacific (FTAAP), building on various ongoing regional...
Persistent link: https://www.econbiz.de/10011281465
This article examines the interactions of power politics and international economic law in the development of regionalism in Asia, particularly in the context of United States-China trade relations. It argues that the process of regional economic integration in Asia has been slow-moving because...
Persistent link: https://www.econbiz.de/10012913871