Assessing the Trans-Pacific Partnership Volume 1: Market Access and Sectoral Issues

February 1, 2016

After five and a half years of negotiations, the Barack Obama administration concluded the most ambitious free trade deal of the postwar era on October 5, 2015. The Trans-Pacific Partnership (TPP) is a comprehensive accord that encompasses provisions on lowering barriers to trade and investment in goods and services and also covers critical new issues such as digital trade, state-owned enterprises, intellectual property rights, regulatory coherence, labor, and environment. Like all trade pacts, the TPP elicited praise and criticism from economic interests in the United States and the other 11 participating countries.

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Topics: AGRICULTURE TARIFF LIBERALIZATION ECONOMIC GROWTH SERVICES FINANCIAL SERVICES GOVERNMENT PROCUREMENT INVESTOR-STATE DISPUTE SETTLEMENT (ISDS) MEGA-REGIONAL AGREEMENT

Agreements: TRANS-PACIFIC PARTNERSHIP (TPP)

Regions: UNITED STATES ASIA-PACIFIC

Authors: GARY CLYDE HUFBAUER TYLER MORAN PETER A. PETRI MICHAEL G. PLUMMER CAROLINE FREUND SARAH OLIVER CULLEN S. HENDRIX BARBARA KOTSCHWAR KIMBERLY ANN ELLIOTT ANNA GELPERN THEODORE H. MORAN LINDSAY OLDENSKI

Publishing Institution: PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS

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