The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment

Policy Analyses in International Economics 98
by Peter A. Petri and Michael G. Plummer and Fan Zhai
November 2012
Book Description

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.

>> View updated research reports, results, and data on the authors' website, Asia-Pacific Trade.

Selected chapters and sections are provided for preview only.




1. Introduction [pdf]

2. How and Why the Trans-Pacific Partnership Became a Priority

3. Analytical Approach

4. Economic Implications of the Trans-Pacific and Asian Tracks [pdf]

5. Dynamics of the Trans-Pacific and Asian Tracks

6. National Economic Interests [pdf]

7. Conclusion

Appendix A The Computable General Equilibrium Model

Appendix B Baseline Projections

Appendix C Scoring Provisions in Asia-Pacific Agreements

Appendix D Quantifying the Trade Effects of Agreements

Appendix E Quantifying the Investment Effects of Agreements

Appendix F Model Sensitivity



Index [pdf]

Other Buying Options
Non-US customers: for faster service, please order through Eurospan.
Book Data

November 2012
ISBN paper 978-0-88132-664-2
143 pp.

View the release event

Other Books of Interest
Understanding the Trans-Pacific Partnership
Code: 6727
Price: $17.95
Quantity in Basket: none
Case Studies in US Trade Negotiation: Two Volume Set
Code: 3640
Price: $39.95
Quantity in Basket: none
American Trade Politics, 4th Edition
Code: 3829
Price: $27.95
Quantity in Basket: none
Code: 72
Price: $22.00
Quantity in Basket: none
Code: 330
Price: $20.00
Quantity in Basket: none
Free Trade Agreements: US Strategies and Priorities
Code: 375
Price: $31.95
Quantity in Basket: none