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Disciplines on State-Owned Enterprises under the Trans-Pacific Partnership Agreement: Overview and Assessment

Author

Listed:
  • Tsuyoshi Kawase
  • Masahito Ambashi

Abstract

This paper analyses the disciplines of state-owned enterprises (SOEs) stipulated in Chapter 17 of the Trans-Pacific Partnership Agreement (TPP). The introduction of the extensive disciplines on SOEs was led by the concern that SOEs are likely to disturb fair international competition regime by conducting business activities not depending on economic rationality and anticompetitive activities. Major provision of this chapter includes definitions and the scope of application, commercial considerations and non-discriminatory treatment, non-commercial assistance, and transparency. While Chapter 17 can be appreciated as the first comprehensive and detailed discipline on SOEs including that of the WTO-plus, it still has problems and remaining issues concerning the disciplines. Nevertheless, the very fact that the TPP includes specific rules for SOEs is appreciated as a first step towards disciplining them in the future.

Suggested Citation

  • Tsuyoshi Kawase & Masahito Ambashi, 2018. "Disciplines on State-Owned Enterprises under the Trans-Pacific Partnership Agreement: Overview and Assessment," Working Papers DP-2017-13, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:wpaper:dp-2017-13
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    Cited by:

    1. Bernard Hoekman & Douglas Nelson, 2020. "Rethinking international subsidy rules," The World Economy, Wiley Blackwell, vol. 43(12), pages 3104-3132, December.

    More about this item

    Keywords

    State-owned enterprise; Trans-Pacific Partnership (TPP); Commercial considerations; Non-discriminatory treatment; Non-commercial assistance; Transparency;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

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