The Trans-Pacific Partnership and Asia-Pacific Integration - A Quantitative Assessment Paperback / softback
by Peter Petri, Michael Plummer, Fan Zhai
Paperback / softback
Description
While global trade negotiations remain stalled, two tracks of trade negotiations in the Asia-Pacific-the proposed Trans-Pacific Partnership (TPP) agreement and a parallel Asian track-could generate momentum for renewed liberalization and provide pathways to region-wide free trade.
This book investigates what these trade negotiations could mean to the world economy.
Petri, Plummer, and Zhai estimate that world income would rise by $295 billion per year on the TPP track, by $766 billion if both tracks are successful, and by $1.9 trillion if the tracks ultimately combine to yield region-wide free trade.
They find that the tracks are competitive initially but their strategic implications appear to be constructive: the agreements would generate incentives for enlargement and mutual progress and, over time, for region-wide consolidation.
The authors conclude that the crucial importance of Asia-Pacific integration argues for an early conclusion of the TPP negotiations, but without jeopardizing the prospects for region-wide or even global agreements based on it in the future.
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:144 pages
- Publisher:The Peterson Institute for International Economics
- Publication Date:15/06/2012
- Category:
- ISBN:9780881326642
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:144 pages
- Publisher:The Peterson Institute for International Economics
- Publication Date:15/06/2012
- Category:
- ISBN:9780881326642