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Assessing the Trans-Pacific Partnership, Volume 1: Market Access and Sectoral Issues

Author

Listed:
  • Kimberly Ann Elliott

    (Center for Global Development)

  • Caroline Freund

    (Peterson Institute for International Economics)

  • Anna Gelpern

    (Peterson Institute for International Economics)

  • Cullen S. Hendrix

    (Peterson Institute for International Economics)

  • Gary Clyde Hufbauer

    (Peterson Institute for International Economics)

  • Barbara Kotschwar

    (Peterson Institute for International Economics)

  • Theodore H. Moran

    (Peterson Institute for International Economics)

  • Tyler Moran

    (Peterson Institute for International Economics)

  • Lindsay Oldenski

    (Peterson Institute for International Economics)

  • Sarah Oliver

    (Peterson Institute for International Economics)

  • Peter A. Petri

    (Brandeis University, International Business School)

  • Michael G. Plummer

    (Johns Hopkins University and East-West Center)

Abstract

After five and a half years of negotiations, the Barack Obama administration concluded the most ambitious free trade deal of the postwar era on October 5, 2015. The Trans-Pacific Partnership (TPP) is a comprehensive accord that encompasses provisions on lowering barriers to trade and investment in goods and services and also covers critical new issues such as digital trade, state-owned enterprises, intellectual property rights, regulatory coherence, labor, and environment. Like all trade pacts, the TPP elicited praise and criticism from economic interests in the United States and the other 11 participating countries: Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Together the 12 TPP members account for nearly 40 percent of global GDP. For the United States, the TPP countries account for 36 percent of US two-way trade in goods and services.

Suggested Citation

  • Kimberly Ann Elliott & Caroline Freund & Anna Gelpern & Cullen S. Hendrix & Gary Clyde Hufbauer & Barbara Kotschwar & Theodore H. Moran & Tyler Moran & Lindsay Oldenski & Sarah Oliver & Peter A. Petri, . "Assessing the Trans-Pacific Partnership, Volume 1: Market Access and Sectoral Issues," PIIE Briefings, Peterson Institute for International Economics, number PIIEB16-1, July.
    • Handle: RePEc:iie:piiebs:piieb16-1
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    References listed on IDEAS

    as
    1. Neumayer, Eric & Spess, Laura, 2005. "Do bilateral investment treaties increase foreign direct investment to developing countries?," World Development, Elsevier, vol. 33(10), pages 1567-1585, October.
    2. Egger, Peter & Pfaffermayr, Michael, 2004. "The impact of bilateral investment treaties on foreign direct investment," Journal of Comparative Economics, Elsevier, vol. 32(4), pages 788-804, December.
    3. Jennifer Tobin & Susan Rose-Ackerman, 2011. "When BITs have some bite: The political-economic environment for bilateral investment treaties," The Review of International Organizations, Springer, vol. 6(1), pages 1-32, March.
    4. Berger, Axel & Busse, Matthias & Nunnenkamp, Peter & Roy, Martin, 2011. "More stringent BITs, less ambiguous effects on FDI? Not a bit!," Economics Letters, Elsevier, vol. 112(3), pages 270-272, September.
    5. Peter Egger & Valeria Merlo, 2007. "The Impact of Bilateral Investment Treaties on FDI Dynamics," The World Economy, Wiley Blackwell, vol. 30(10), pages 1536-1549, October.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. John Ravenhill, 2017. "The political economy of the Trans-Pacific Partnership: a ‘21st Century’ trade agreement?," New Political Economy, Taylor & Francis Journals, vol. 22(5), pages 573-594, September.
    2. Heerman, Kari E. & Sheldon, Ian M., 2018. "Increased economic integration in the Asia-Pacific Region: What might be the potential impact on agricultural trade?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274279, Agricultural and Applied Economics Association.
    3. Paramita Dasgupta & Kakali Mukhopadhyay, 2017. "The impact of the TPP on selected ASEAN economies," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 6(1), pages 1-34, December.
    4. Miroslav N. Jovanović, 2017. "Investor–State Dispute Settlement Systems in Emerging Mega-Integration Blocs," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 50(2), pages 152-168, June.

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