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looking beyond borders

foreign policy and global economy

Archive for the tag “TPP”

Will China And India Lead The Next Wave Of Globalisation?

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China’s Big Sticks

The Trump administration’s China-bashing strategy is based on the mistaken belief that a newly muscular US has all the leverage in dealing with its presumed adversary, and that any Chinese response is hardly worth considering. Nothing could be further from the truth.

Read Here – Project-Syndicate

As Trump Kills TPP, China Eyes December Talks To Fill Trade Void

Even before Donald Trump enters the White House and formally abandons a U.S.-led trade deal that represented a cornerstone of his country’s economic policy in Asia, Chinese President Xi Jinping will get a chance to prove his willingness to step into the leadership vacuum.

Read Here – Bloomberg

What Trade Deals Are Good For

A logical implication of the externality argument is that trade agreements lead to freer trade.  Some have equated this with the argument for free trade, but the arguments are quite distinct. The case for free trade rests on strong assumptions that may or may not be reasonable.

Read Here – Harvard Business Review

China And Obama’s TPP

Is the TPP really targeting China? US President Barack Obama said on Monday, “we can’t let countries like China write the rules of the global economy. We should write those rules, opening new markets to American products while setting high standards for protecting workers and preserving our environment.”
This is not the first time that Obama expressed such views. This seems to prove that the US-led TPP is aimed at China. Objectively speaking, some TPP partners want to use the agreement as leverage against China. But it’s not surprising that geopolitical considerations mingle with economic relations.

Read Here – The Global Times

TPP Trade Deal: Who Stands To Gain, Suffer In Asia-Pacific

The Trans-Pacific Partnership is the biggest trade agreement in history, reducing tariffs and other forms of protectionism in a dozen countries making up about 40 percent of the global economy with economic output of almost $30 trillion. The White House estimates it will eliminate 18,000 tariffs on U.S.-manufactured goods, while giving everyone from Vietnamese shrimpers to New Zealand dairy farmers cheaper access to markets across the Pacific.

Read Here – Bloomberg

India: The Quintessential Global Swing State

Global swing states are nations that possess large and growing economies, occupy central positions in a region or stand at the hinge of multiple regions, and embrace democratic government at home. Increasingly active at the regional and global level, they desire changes to the existing international order but do not seek to scrap the interlocking web of global institutions, rules, and relationships that has fostered peace, prosperity and freedom for the past six decades.

Read Here – NBR

Pacific Trade Accord Raises Difficult Issues: IISS

A new free-trade agreement is under negotiation in the Asia-Pacific. If the talks are successful, the Trans-Pacific Strategic Economic Partnership Agreement (TPP) will bring closer together at least 11 economies in East Asia and the Americas. But it faces many hurdles, and raises broader geopolitical issues. For example, China, the world’s second-largest economy, is not part of the negotiations, and may see the TPP as an effort to contain its growing power.

Read Here – International Institute of Strategic Studies

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