The Trans-Pacific Partnership A Quest for a Twenty-first Century Trade Agreement

Author: C. L. Lim; Deborah Kay Elms; Patrick Low
Publisher: Cambridge University Press
ISBN: 9781107612426
Published In: September 2012
Format: Paperback , 368 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

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The Trans-Pacific Partnership (TPP) talks attempt to link together at least nine countries in three continents to create a 'high-quality, twenty-first century agreement'. Such an agreement is intended to open markets to competition between the partners more than ever before in sectors ranging from goods and services to investment, and includes rigorous rules in the fields of intellectual property, labour protection and environmental conservation. The TPP also aims to improve regulatory coherence, enhance production supply chains and help boost small and medium-sized enterprises. It could transform relations with regions such as Latin America, paving the way to an eventual Free Trade Area of the Asia Pacific, or see innovations translated into the global trade regulatory system operating under the WTO. However, given the tensions between strategic and economic concerns, the final deal could still collapse into something closer to a standard, 'twentieth-century' trade agreement.

• The first book to examine the substance of the Trans-Pacific Partnership (TPP) negotiations • Considers what a twenty-first century trade agreement would look like in a variety of sectors • Explores how the TPP might relate to existing regional and global trade regimes

List of figures and tables	viii
List of contributors	ix
Preface	xi
Acknowledgements	xiii
Disclaimer	xiv
Glossary	xv
Part I Introduction	1
1 What is “high-quality, twenty-first century” anyway? C.L. Lim, Deborah K. Elms and Patrick Low	3
Part II The past: origins of the TPP Agreement	19
2 An overview and snapshot of the TPP negotiations Deborah K. Elms and C.L. Lim	21
3 US PTAs: what’s been done and what it means for the TPP negotiations Jeffrey J. Schott and Julia Muir	45
4 From the P4 to the TPP: transplantation or transformation? Henry Gao	64
5 Incorporating development among diverse members Joel Trachtman	82
Part III The present: twenty-first century elements and obstacles	107
6 Negotiations over market access in goods Deborah K. Elms	109
7 TPP negotiations: rules of origin Margaret Liang	121
8 Trade in services Stuart Harbinson and Aik Hoe Lim	133
9 TPP Agreement: towards innovations in investment rule-making Julien Chaisse	147
10 The intellectual property chapter in the TPP Susy Frankel	157
11 Regulatory coherence in the TPP talks Thomas J. Bollyky	171
12 Environmental issues in the TPP Jeffrey J. Schott and Julia Muir	187
13 Labour standards and the TPP Kimberly Ann Elliott	200
14 What is to be done with export restrictions? C.L. Lim	211
Part IV The future: high-quality meets regional and global realities	221
15 Achieving a Free Trade Area of the Asia-Pacific: does the TPP present the most attractive path? Meredith Kolsky Lewis	223
16 APEC and the TPP: are they mutually reinforcing? Carlos Kuriyama	242
17 Coping with multiple uncertainties: Latin America in the TPP negotiations Sebastian Herreros	260
18 The TPP: multilateralizing regionalism or the securitization of trade policy? Ann Capling and John Ravenhill	279
19 The TPP in a multilateral world Patrick Low	299
Part V The TPP negotiations: the quest for quality	317
20 Conclusions C.L. Lim, Deborah K. Elms and Patrick Low	319
Index	329