The Trans Pacific Partnership, China and India

Economic and Political Implications

Business & Finance, Economics
Cover of the book The Trans Pacific Partnership, China and India by Amitendu Palit, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Amitendu Palit ISBN: 9781317677895
Publisher: Taylor and Francis Publication: June 5, 2014
Imprint: Routledge Language: English
Author: Amitendu Palit
ISBN: 9781317677895
Publisher: Taylor and Francis
Publication: June 5, 2014
Imprint: Routledge
Language: English

The United States and 11 other countries from both sides of the Pacific are currently negotiating the Trans-Pacific Partnership (TPP). The agreement is expected to set new benchmark for international trade through its comprehensive coverage of issues and binding regulations. It is expected to eventually mature into a regional trade agreement covering the entire Asia-Pacific. As of now, it does not include China and India, the two largest emerging markets and regional economies.

The TPP has generated controversy for its excessive emphasis on trade issues, which have remained unresolved or unaddressed at the WTO due to differences between developed and emerging markets. It has also been criticized for adopting a negotiating style reflecting the US regulatory approach to international trade and also as a geo-political strategy of the US for supporting its strategic rebalancing towards Asia. From both economic and geo-political perspectives, the TPP has various significant implications for China and India that are examined in the book.

This book sheds light on how China and India's entries in the TPP are mutually beneficial and how both countries can gain from the TPP by gaining preferential access to large markets and using it as an opportunity for introducing more outward-oriented reforms. The book also cautions that US must reconcile to the rebalancing of economic power within the grouping that will occur following the entries of China and India. Otherwise, the TPP and China and India might walk divergent paths and trade and regional integration in Asia-Pacific may not ever converge. This book will interest anyone who wishes to learn more about the TPP and its future implications and challenges and China and India's roles in global and regional trade.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The United States and 11 other countries from both sides of the Pacific are currently negotiating the Trans-Pacific Partnership (TPP). The agreement is expected to set new benchmark for international trade through its comprehensive coverage of issues and binding regulations. It is expected to eventually mature into a regional trade agreement covering the entire Asia-Pacific. As of now, it does not include China and India, the two largest emerging markets and regional economies.

The TPP has generated controversy for its excessive emphasis on trade issues, which have remained unresolved or unaddressed at the WTO due to differences between developed and emerging markets. It has also been criticized for adopting a negotiating style reflecting the US regulatory approach to international trade and also as a geo-political strategy of the US for supporting its strategic rebalancing towards Asia. From both economic and geo-political perspectives, the TPP has various significant implications for China and India that are examined in the book.

This book sheds light on how China and India's entries in the TPP are mutually beneficial and how both countries can gain from the TPP by gaining preferential access to large markets and using it as an opportunity for introducing more outward-oriented reforms. The book also cautions that US must reconcile to the rebalancing of economic power within the grouping that will occur following the entries of China and India. Otherwise, the TPP and China and India might walk divergent paths and trade and regional integration in Asia-Pacific may not ever converge. This book will interest anyone who wishes to learn more about the TPP and its future implications and challenges and China and India's roles in global and regional trade.

More books from Taylor and Francis

Cover of the book The Enchanted Screen by Amitendu Palit
Cover of the book Mao's Road to Power: Revolutionary Writings, 1912-49: v. 5: Toward the Second United Front, January 1935-July 1937 by Amitendu Palit
Cover of the book Successful Private Practice In The 1990s by Amitendu Palit
Cover of the book African Presidential Republics by Amitendu Palit
Cover of the book Practice-Based Research in Social Work by Amitendu Palit
Cover of the book Cognitive Neuroscience of Language by Amitendu Palit
Cover of the book The Collected Papers of Lord Rutherford of Nelson by Amitendu Palit
Cover of the book The Social Psychology of the Classroom by Amitendu Palit
Cover of the book Making Foreign Policy by Amitendu Palit
Cover of the book Impression Management in the Organization by Amitendu Palit
Cover of the book A New Understanding of ADHD in Children and Adults by Amitendu Palit
Cover of the book Gender and Sexuality in Muslim Cultures by Amitendu Palit
Cover of the book A House Divided by Amitendu Palit
Cover of the book The Character of Criticism by Amitendu Palit
Cover of the book Freedom and Its Conditions by Amitendu Palit
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy