Business / Commercial Law

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

Edited by C. L. Lim · Deborah Kay Elms · Patrick Low
Cambridge University Press September 2012

Specifications

ISBN-13
9781107612426
Publisher
Cambridge University Press
Publication
September 2012
Format
Paperback , 368 pages
Jurisdiction
International ? Countri(es) for reference only

Details

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

Table of Contents

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

About the Author

C. L. Lim
The University of Hong Kong

Deborah Kay Elms
Nanyang Technological University, Singapore

Patrick Low
World Trade Organization

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