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The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment (Policy Analyses in International Economics) (in English)
Peter Petri; Michael Plummer; Fan Zhai (Author)
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Peterson Institute For International Economics
· Paperback
The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment (Policy Analyses in International Economics) (in English) - Peter Petri; Michael Plummer; Fan Zhai
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Synopsis "The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment (Policy Analyses in International Economics) (in English)"
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. 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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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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