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Trans-Pacific Partnership: An Assessment

Author

Listed:
  • Cathleen Cimino-Isaacs

    (Peterson Institute for International Economics)

  • Jeffrey J. Schott

    (Peterson Institute for International Economics)

Abstract

The Trans-Pacific Partnership (TPP) between 12 Pacific Rim countries has generated the most intensive political debate about the role of trade in the United States in a generation. The TPP is one of the broadest and most progressive free trade agreements since the North American Free Trade Agreement (NAFTA). The essays in this Policy Analysis provide estimates of the TPP's benefits and costs and analyze more than 20 issues in the agreement, including environmental and labor standards, tariff schedules, investment and competition policy, intellectual property, ecommerce, services and financial services, government procurement, dispute settlement, and agriculture. Through extensive analysis of the TPP text, PIIE scholars present an indispensable and detailed "reader's guide" that also sheds light on the agreement's merits and shortcomings.

Suggested Citation

  • Cathleen Cimino-Isaacs & Jeffrey J. Schott, 2016. "Trans-Pacific Partnership: An Assessment," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 7137, April.
    • Handle: RePEc:iie:ppress:7137
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    Citations

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    Cited by:

    1. Yana Valeryevna Dyomina, 2020. "Multilateral and Bilateral Economic Cooperation in Northeast Asia," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 3, pages 156-180.
    2. Ken Itakura & Hiro Lee, 2023. "Should the United States rejoin the Trans-Pacific trade deal?," International Economics and Economic Policy, Springer, vol. 20(2), pages 235-255, May.
    3. Aggarwal, Vinod K & Evenett, Simon, 2013. "A Fragmenting Global Economy: A Weakened WTO, Mega FTAs, and Murky Protectionism," CEPR Discussion Papers 9781, C.E.P.R. Discussion Papers.
    4. Mireya Solís & Shujiro Urata, 2018. "Abenomics and Japan's Trade Policy in a New Era," Asian Economic Policy Review, Japan Center for Economic Research, vol. 13(1), pages 106-123, January.
    5. Juan He, 2019. "Do unilateral trade measures really catalyze multilateral environmental agreements?," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 19(6), pages 577-593, December.
    6. Gajinov Dejana, 2016. "Trans - Pacific Economic Integration Processes," Economic Themes, Sciendo, vol. 54(1), pages 83-102, March.
    7. Mikhail Vladimirovich Tomilov, 2019. "Configuration of Free Trade Zones in the Asian-Pacific Region: Comparison of Integration Potentials," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 1, pages 84-106.
    8. Jafari, Yaghoob & Britz, Wolfgang & Guimbard, Houssein & Beckman, Jayson, 2021. "Properly capturing tariff rate quotas for trade policy analysis in computable general equilibrium models," Economic Modelling, Elsevier, vol. 104(C).
    9. Lee, Hiro & Itakura, Ken, 2018. "The welfare and sectoral adjustment effects of mega-regional trade agreements on ASEAN countries," Journal of Asian Economics, Elsevier, vol. 55(C), pages 20-32.
    10. 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.
    11. Chu Thanh, Giang & Dinh Hoang, Anh & Nguyen Phuong, Linh, 2017. "Vietnam’s recognition and enforcement of foreign arbitral awards and preparation for EVFTA," Papers 1135, World Trade Institute.
    12. Mark ANNER, 2021. "Three labour governance mechanisms for addressing decent work deficits in global value chains," International Labour Review, International Labour Organization, vol. 160(4), pages 611-629, December.
    13. Kamal Halili Hassan & Muhammad Faliq Abd Razak & Rohaida Nordin & Rohani Abdul Rahim, 2018. "Malaysia with the Trans-Pacific Partnership Agreement: Aftermath of the United States Withdrawal From the TPPA," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 8(10), pages 868-880, October.

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