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THIS PROJECT IS NOT CURRENTLY ACTIVE.
This project studied negotiating strategies for, and potential benefits of, the Trans-Pacific Partnership (TPP) agreement. The TPP was a major initiative of the United States Trade Representative to negotiate a “21st Century” free-trade agreement among the United States and seven other Asia Pacific countries. An agreement was signed in February 2016, but was not ratified. A team of specialists from the East-West Center and other collaborating institutions analyzed the agreement and evaluated its likely benefits for the region and the United States. Using a general equilibrium model of the Asia-Pacific region, the study assessed the impact of the TPP on long-term trade relations by simulating an “Asian track” of agreements that would create an Asia-only free trade area and a “Trans-Pacific track" that would build stronger linkages across the Pacific.
Related Publications
Petri, Peter A., and Michael G. Plummer (2016). The economic effects of the TPP: New estimates. In Cathleen Cimino-Isaacs and Jeffrey J. Schott, eds. Trans-Pacific partnership: An assessment. Washington, D.C: Peterson Institute for International Economics.
Petri, Peter A., Michael G. Plummer, and Fan Zhai (2011). The Trans-Pacific Partnership and Asia-Pacific integration: A quantitative assessment.
East-West Center Working Papers, Economics Series, No. 119. Honolulu: East-West Center.
Kawai, Masahiro, Jong-Wha Lee, Peter A. Petri, and Giovanni Capanelli (2010). Asian regionalism in the world economy: Engine for dynamism and stability. Cheltenham, UK: Edward Elgar.
THIS PROJECT IS NOT CURRENTLY ACTIVE.
This project studied negotiating strategies for, and potential benefits of, the Trans-Pacific Partnership (TPP) agreement. The TPP was a major initiative of the United States Trade Representative to negotiate a “21st Century” free-trade agreement among the United States and seven other Asia Pacific countries. An agreement was signed in February 2016, but was not ratified. A team of specialists from the East-West Center and other collaborating institutions analyzed the agreement and evaluated its likely benefits for the region and the United States. Using a general equilibrium model of the Asia-Pacific region, the study assessed the impact of the TPP on long-term trade relations by simulating an “Asian track” of agreements that would create an Asia-only free trade area and a “Trans-Pacific track" that would build stronger linkages across the Pacific.
Related Publications
Petri, Peter A., and Michael G. Plummer (2016). The economic effects of the TPP: New estimates. In Cathleen Cimino-Isaacs and Jeffrey J. Schott, eds. Trans-Pacific partnership: An assessment. Washington, D.C: Peterson Institute for International Economics.
Petri, Peter A., Michael G. Plummer, and Fan Zhai (2011). The Trans-Pacific Partnership and Asia-Pacific integration: A quantitative assessment.
East-West Center Working Papers, Economics Series, No. 119. Honolulu: East-West Center.
Kawai, Masahiro, Jong-Wha Lee, Peter A. Petri, and Giovanni Capanelli (2010). Asian regionalism in the world economy: Engine for dynamism and stability. Cheltenham, UK: Edward Elgar.