The Trans-Pacific Partnership and Asia-Pacific integration: a quantitative assessment
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| Format: | Electronic eBook |
|---|---|
| Language: | English |
| Published: |
Washington, DC
Peterson Institute for International Economics
©2012
|
| Subjects: | |
| Online Access: | Volltext |
| Item Description: | "December 2012." Includes bibliographical references and index How and why the TPP became a priority -- Analytical approach -- Economic implications of the TPP and Asian tracks -- Dynamics of the TPP and Asian tracks -- National economic interests "While global trade negotiations remain stalled, two tracks of trade negotiations in the Asia-Pacific--the proposed Trans-Pacific Partnership (TPP) agreement and a parallel Asian track--could generate momentum for renewed liberalization and provide pathways to region-wide free trade. We 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. The tracks are competitive initially but their strategic implications appear to be constructive: they generate incentives for enlargement and mutual progress and, over time, for region-wide consolidation. The "21st century" template of the TPP would be especially productive because it is likely to offer opportunities for the leading sectors of both emerging-market and advanced economies. An ambitious TPP template would generate greater gains from integration than less demanding alternatives, but it will be harder to sell to China and other key regional partners as the TPP evolves toward wider agreements. 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"--Provided by publisher |
| Physical Description: | 1 Online-Ressource (pages cm) |
| ISBN: | 0881326658 9780881326659 9780881326642 088132664X |
Staff View
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| 500 | |a "While global trade negotiations remain stalled, two tracks of trade negotiations in the Asia-Pacific--the proposed Trans-Pacific Partnership (TPP) agreement and a parallel Asian track--could generate momentum for renewed liberalization and provide pathways to region-wide free trade. We 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. The tracks are competitive initially but their strategic implications appear to be constructive: they generate incentives for enlargement and mutual progress and, over time, for region-wide consolidation. The "21st century" template of the TPP would be especially productive because it is likely to offer opportunities for the leading sectors of both emerging-market and advanced economies. An ambitious TPP template would generate greater gains from integration than less demanding alternatives, but it will be harder to sell to China and other key regional partners as the TPP evolves toward wider agreements. 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"--Provided by publisher | ||
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| geographic_facet | Asien Pazifischer Raum |
| id | DE-604.BV042742661 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:08:38Z |
| institution | BVB |
| isbn | 0881326658 9780881326659 9780881326642 088132664X |
| language | English |
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| publishDate | 2012 |
| publishDateSearch | 2012 |
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| publisher | Peterson Institute for International Economics |
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| spelling | The Trans-Pacific Partnership and Asia-Pacific integration a quantitative assessment edited by Peter A. Petri, Michael G. Plummer, and Fan Zhai Washington, DC Peterson Institute for International Economics ©2012 1 Online-Ressource (pages cm) txt rdacontent c rdamedia cr rdacarrier "December 2012." Includes bibliographical references and index How and why the TPP became a priority -- Analytical approach -- Economic implications of the TPP and Asian tracks -- Dynamics of the TPP and Asian tracks -- National economic interests "While global trade negotiations remain stalled, two tracks of trade negotiations in the Asia-Pacific--the proposed Trans-Pacific Partnership (TPP) agreement and a parallel Asian track--could generate momentum for renewed liberalization and provide pathways to region-wide free trade. We 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. The tracks are competitive initially but their strategic implications appear to be constructive: they generate incentives for enlargement and mutual progress and, over time, for region-wide consolidation. The "21st century" template of the TPP would be especially productive because it is likely to offer opportunities for the leading sectors of both emerging-market and advanced economies. An ambitious TPP template would generate greater gains from integration than less demanding alternatives, but it will be harder to sell to China and other key regional partners as the TPP evolves toward wider agreements. 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"--Provided by publisher Trans-Pacific Strategic Economic Partnership Agreement (2005 June 3) Trans-Pacific Strategic Economic Partnership Agreement BUSINESS & ECONOMICS / International / Economics bisacsh BUSINESS & ECONOMICS / International / General bisacsh Trans-Pacific Strategic Economic Partnership Agreement (2005 June 3) fast Free trade fast International economic integration fast Wirtschaft Free trade Asia Free trade Pacific Area Asien Pazifischer Raum Petri, Peter A. Sonstige oth Plummer, Michael G. Sonstige oth Zhai, Fan Sonstige oth http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=526978 Aggregator Volltext |
| spellingShingle | The Trans-Pacific Partnership and Asia-Pacific integration a quantitative assessment Trans-Pacific Strategic Economic Partnership Agreement (2005 June 3) Trans-Pacific Strategic Economic Partnership Agreement BUSINESS & ECONOMICS / International / Economics bisacsh BUSINESS & ECONOMICS / International / General bisacsh Trans-Pacific Strategic Economic Partnership Agreement (2005 June 3) fast Free trade fast International economic integration fast Wirtschaft Free trade Asia Free trade Pacific Area |
| title | The Trans-Pacific Partnership and Asia-Pacific integration a quantitative assessment |
| title_auth | The Trans-Pacific Partnership and Asia-Pacific integration a quantitative assessment |
| title_exact_search | The Trans-Pacific Partnership and Asia-Pacific integration a quantitative assessment |
| title_full | The Trans-Pacific Partnership and Asia-Pacific integration a quantitative assessment edited by Peter A. Petri, Michael G. Plummer, and Fan Zhai |
| title_fullStr | The Trans-Pacific Partnership and Asia-Pacific integration a quantitative assessment edited by Peter A. Petri, Michael G. Plummer, and Fan Zhai |
| title_full_unstemmed | The Trans-Pacific Partnership and Asia-Pacific integration a quantitative assessment edited by Peter A. Petri, Michael G. Plummer, and Fan Zhai |
| title_short | The Trans-Pacific Partnership and Asia-Pacific integration |
| title_sort | the trans pacific partnership and asia pacific integration a quantitative assessment |
| title_sub | a quantitative assessment |
| topic | Trans-Pacific Strategic Economic Partnership Agreement (2005 June 3) Trans-Pacific Strategic Economic Partnership Agreement BUSINESS & ECONOMICS / International / Economics bisacsh BUSINESS & ECONOMICS / International / General bisacsh Trans-Pacific Strategic Economic Partnership Agreement (2005 June 3) fast Free trade fast International economic integration fast Wirtschaft Free trade Asia Free trade Pacific Area |
| topic_facet | Trans-Pacific Strategic Economic Partnership Agreement (2005 June 3) Trans-Pacific Strategic Economic Partnership Agreement BUSINESS & ECONOMICS / International / Economics BUSINESS & ECONOMICS / International / General Free trade International economic integration Wirtschaft Free trade Asia Free trade Pacific Area Asien Pazifischer Raum |
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