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The Trans‐ P acific Partnership: Suddenly a ‘Game Changer’
Author(s) -
Mercurio Bryan
Publication year - 2014
Publication title -
the world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/twec.12212
Subject(s) - negotiation , economics , general partnership , geopolitics , political science , law , finance , politics
This article argues that the entry of C anada, M exico and most importantly J apan has dramatically shifted the prospects and potential impact of the TPP . More specifically, the article offers four reasons why the entry of C anada, M exico and J apan has transformed the TPP from a potentially failed agreement of limited economic significance and great geopolitical risk to a ‘game changer’ for the region and beyond. The article also recognizes that while the entry of C anada, M exico and J apan has transformed the TPP negotiations, their entry comes with some potentially serious risks. The article discusses three specific risks the new entrants bring to the negotiations.