27.12.2017
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Trans-Pacific Partnership and Asia-Pacific Integration [PDF]

by Peter A. Petri
While global trade negotiations remain stalled, two tracks of trade negotiations in the Asia-Pacificthe proposed Trans-Pacific Partnership (TPP) agreement and a parallel Asian trackcould 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.
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Book info

Title
eBook formatebook, (torrent)En
Author
PublisherPeterson Institute
File size6 Mb
Release date 02.09.2013
ISBN9781299910690
Pages count177
Book rating0.7 (0 votes)
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1 comment

1. Persia Emily | 27.12.2017 17:33

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Thank you! Great book!

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