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Lessons from the Dead: The Trans-Pacific Partnership Agreement as Model Free Trade Agreement

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  • Kwame Sundaram Jomo

Abstract

Although President Trump has scuttled the Trans-Pacific Partnership Agreement, it probably reflected the US transnational corporate elite’s consensus view of how its interests should be advanced through free trade agreements. Besides the likely modest and uneven growth impact of its trade measures, its enhanced intellectual property rights and extra-judicial investor-state dispute settlement provisions would adversely impact development prospects.

Suggested Citation

  • Kwame Sundaram Jomo, 2016. "Lessons from the Dead: The Trans-Pacific Partnership Agreement as Model Free Trade Agreement," Development, Palgrave Macmillan;Society for International Deveopment, vol. 59(1), pages 48-52, June.
    • Handle: RePEc:pal:develp:v:59:y:2016:i:1:d:10.1057_s41301-017-0085-x
    DOI: 10.1057/s41301-017-0085-x
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    References listed on IDEAS

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    1. Heidi L. Williams, 2013. "Intellectual Property Rights and Innovation: Evidence from the Human Genome," Journal of Political Economy, University of Chicago Press, vol. 121(1), pages 1-27.
    2. Helpman, Elhanan, 1993. "Innovation, Imitation, and Intellectual Property Rights," Econometrica, Econometric Society, vol. 61(6), pages 1247-1280, November.
    3. Bhagwati, Jagdish, 2008. "Termites in the Trading System: How Preferential Agreements Undermine Free Trade," OUP Catalogue, Oxford University Press, number 9780195331653.
    4. Jeronim Capaldo & Alex Izurieta & Jomo Kwame Sundaram, 2016. "Trading Down: Unemployment, Inequality and Other Risks of the Trans-Pacific Partnership Agreement," GDAE Working Papers 16-01, GDAE, Tufts University.
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