The Political Economy of the Regional Comprehensive Economi Partnership (RCEP) and the Trans-Pacific Partnership (TPP) Agreements

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Author :
Publisher :
ISBN 13 : 9789814519779
Total Pages : 57 pages
Book Rating : 4.5/5 (197 download)

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Book Synopsis The Political Economy of the Regional Comprehensive Economi Partnership (RCEP) and the Trans-Pacific Partnership (TPP) Agreements by :

Download or read book The Political Economy of the Regional Comprehensive Economi Partnership (RCEP) and the Trans-Pacific Partnership (TPP) Agreements written by and published by . This book was released on 2014 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Regional Comprehensive Economic Partnership Agreement

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292694936
Total Pages : 176 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis The Regional Comprehensive Economic Partnership Agreement by : Asian Development Bank

Download or read book The Regional Comprehensive Economic Partnership Agreement written by Asian Development Bank and published by Asian Development Bank. This book was released on 2022-04-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Regional Comprehensive Economic Partnership (RCEP) is a milestone achievement in the regional economic integration led by the Association of Southeast Asian Nations (ASEAN) over the last 3 decades. It was formed to mitigate the challenges of dealing with multiple free trade agreements. This report analyses and compares the legal text of RCEP, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and relevant agreements of the World Trade Organization. It offers a mix of policy recommendations and suggests road maps to orient RCEP toward successful implementation.

Understanding Mega Free Trade Agreements

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Author :
Publisher : Routledge
ISBN 13 : 1351780638
Total Pages : 211 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Understanding Mega Free Trade Agreements by : Jean-Baptiste Velut

Download or read book Understanding Mega Free Trade Agreements written by Jean-Baptiste Velut and published by Routledge. This book was released on 2017-08-23 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of cross-regional trade agreements is a defining trend of the current international trade system as shown by the signing of the Trans-Pacific Partnership (TPP) in 2015, the negotiations for the Transatlantic Trade and Investment Partnership (TTIP) between the USA and the EU as well as the Regional Comprehensive Economic Partnership (RCEP) between countries in Asia and Oceania. These differ from previous agreements in their economic significance and large geographic scale, and the wide scope of trade-related issues. The current rise of nationalist and isolationist ideologies across Europe and the USA has raised questions on the future of cross-regional trade deals and made the need to understand their implications for economic and political governance ever more urgent. Two main forms of governance that are central to this volume are the democratic tensions over new generation trade deals on the one hand, and their geopolitical ramifications on the other, which have come into collision to herald the advent of a highly uncertain period of world politics. Many of the questions tackled in this volume, surrounding the democratic governance of trade agreements – whether long-held debates on the inclusion of workers’ voices, controversies on intrusive "behind the border" provisions undermining national sovereignty and local autonomy or new questions on digital rights – are crucial to understand the ebbing popular support for far-reaching trade agreements. This book will be a useful learning tool for students and scholars in a wide range of fields, including Globalisation, Global Governance, International Political Economy, International Trade and Investment and International Law, and should also be of interest to EU trade negotiators, international policymakers and business associations.

The Trans Pacific Partnership, China and India

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Publisher : Routledge
ISBN 13 : 1317677900
Total Pages : 185 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis The Trans Pacific Partnership, China and India by : Amitendu Palit

Download or read book The Trans Pacific Partnership, China and India written by Amitendu Palit and published by Routledge. This book was released on 2014-06-05 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

An Analysis of the Product-Specific Rules of Origin of the Regional Comprehensive Economic Partnership

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292694847
Total Pages : 79 pages
Book Rating : 4.2/5 (926 download)

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Book Synopsis An Analysis of the Product-Specific Rules of Origin of the Regional Comprehensive Economic Partnership by : Asian Development Bank

Download or read book An Analysis of the Product-Specific Rules of Origin of the Regional Comprehensive Economic Partnership written by Asian Development Bank and published by Asian Development Bank. This book was released on 2022-04-01 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication compares the Product-Specific Rules of Origin (PSRO) of the Regional Comprehensive Economic Partnership (RCEP) with those of the ASEAN Trade in Goods Agreement (ATIGA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). It contrasts the main rules of origin provisions of the three free trade agreements, then discusses differences and commonalities in how they were drafted. The study examines the stringency and leniency of RCEP PSRO relative to CPTPP and ATIGA and identifies where PSRO among the three are converging. Initial findings provide the basis for policy recommendations to help leverage RCEP to simplify rules of origin in Asia and the Pacific.

Megaregulation Contested

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Publisher : Oxford University Press
ISBN 13 : 0192559095
Total Pages : 704 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis Megaregulation Contested by : Benedict Kingsbury

Download or read book Megaregulation Contested written by Benedict Kingsbury and published by Oxford University Press. This book was released on 2019-06-06 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Japan-led Trans-Pacific Partnership (CPTPPA) of 2018 is the most far-reaching 'megaregional' economic agreement in force, with several major countries beyond its eleven negotiating countries also interested. Still bearing the stamp of the original US involvement before the Trump-era reversal, TPP is the first instance of 'megaregulation': a demanding combination of inter-state economic ordering and national regulatory governance on a highly ambitious substantive and trans-regional scale. Its text and ambition have influenced other negotiations ranging from the Japan-EU Agreement (JEEPA) and the US-Mexico-Canada Agreement (USMCA) to the projected Pan-Asian Regional Comprehensive Economic Partnership (RCEP). This book provides an extensive analysis of TPP as a megaregulatory project for channelling and managing new pressures of globalization, and of core critical arguments made against economic megaregulation from standpoints of development, inequality, labour rights, environmental interests, corporate capture, and elite governance. Specialized chapters cover supply chains, digital economy, trade facilitation, intellectual property, currency levels, competition and state-owned enterprises, government procurement, investment, prescriptions for national regulation, and the TPP institutions. Country studies include detailed analyses of TPP-related politics and approaches in Japan, Mexico, Brazil, China, India, Indonesia, and Thailand. Contributors include leading practitioners and scholars in law, economics, and political science. At a time when the WTO and other global-scale institutions are struggling with economic nationalism and geopolitics, and bilateral and regional agreements are pressed by public disagreement and incompatibility with digital and capital and value chain flows, the megaregional ambition of TPP is increasingly important as a precedent requiring the close scrutiny this book presents.

Trade Regionalism in the Asia-Pacific

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Author :
Publisher : Flipside Digital Content Company Inc.
ISBN 13 : 9814695467
Total Pages : 318 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Trade Regionalism in the Asia-Pacific by : Sanchita Basu Das

Download or read book Trade Regionalism in the Asia-Pacific written by Sanchita Basu Das and published by Flipside Digital Content Company Inc.. This book was released on 2017-03-09 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia has witnessed a proliferation of free trade agreements (FTAs) since the turn of the millennium. The first regional agreement - the ASEAN FTA - was transformed into the ASEAN Economic Community at the end of 2015. In the meantime, ASEAN forged five ASEAN+1 FTAs and began to negotiate a sixteen-member Regional Comprehensive Economic Partnership (RCEP) Agreement. In parallel, the U.S.-led Trans-Pacific Partnership (TPP), supporting U.S. foreign policy of "e;Pivot to Asia"e;, was broadly agreed in October 2015. The RCEP and the TPP are accompanied by other mega-regional integration processes developing elsewhere in the world, including the Transatlantic Trade and Investment Partnership for the European Union and the United States, and the Pacific Alliance among four Latin American member states. Meanwhile, APEC is also striving to meet its Bogor Goal targets and create a Free Trade Area of the Asia-Pacific. Each of these mega-regionals aims to achieve greater trade and investment liberalization and facilitation and more harmonized trade and investment rules so that all member economies can participate in the global value chain of production. Instead of undermining, these regional exercises can be building blocks for a more liberal global trading system supported by the World Trade Organization. This book ruminates on these regional agreements, their economic and strategic rationales and challenges during negotiations and afterwards. The book brings together eminent scholars and experts to deepen our understanding of the complex nature of the mega-regional trade agreements and their implications. It is useful both for the academic and research community and for policymakers who focus on trade and economic cooperation issues.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership

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Author :
Publisher : ISEAS-Yusof Ishak Institute
ISBN 13 : 9814818887
Total Pages : 333 pages
Book Rating : 4.8/5 (148 download)

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Book Synopsis The Comprehensive and Progressive Agreement for Trans-Pacific Partnership by : Cassey Lee

Download or read book The Comprehensive and Progressive Agreement for Trans-Pacific Partnership written by Cassey Lee and published by ISEAS-Yusof Ishak Institute. This book was released on 2021-01-15 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement involving major countries across the Asia Pacific region. The trade pact, which entered into force on 30 December 2018, is considered by many to be the “gold standard”, given its ambitious scope and depth. This volume offers multi-dimensional insights into the CPTPP and its impact on Southeast Asia. It begins with broad analyses covering the historical, economic and geopolitical aspects of the CPTPP. Subsequent chapters focus on the nature and implications of three key path-breaking provisions in the trade agreement, namely investor-state dispute settlement, intellectual property rights and state-owned enterprises. The effect of the CPTPP on Southeast Asia in terms of regional production networks is also examined from the perspective of Japanese multinational enterprises. The potential economic impact of the agreement is analysed for member countries (Vietnam and Malaysia) as well as countries that aspire to join the CPTPP in the future (Indonesia and Thailand). The world trading system is in disarray: the World Trade Organization has been weakened, perhaps terminally; the world’s two economic superpowers are locked in deep, politicized disputes; the forces of populism and nationalism are everywhere complicating the return to a more liberal, rules-based order. These trends are challenging one of the building blocks of ASEAN economic development, namely these countries’ outward-looking trade and investment policies. With impeccable timing this important volume by a group of eminent authors assesses these issues with reference to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The CPTPP excludes the three largest traders—China, the EU and the US—but it is a welcome second-best initiative that may have broader, positive ripple effects. This is the volume to read to gain a deeper understanding of the many complex issues at play." -- Hal Hill, H.W. Arndt Professor Emeritus of Southeast Asian Economies, College of Asia & the Pacific, Australian National University

The Trans-Pacific Partnership

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Author :
Publisher : Cambridge University Press
ISBN 13 : 113956126X
Total Pages : 357 pages
Book Rating : 4.1/5 (395 download)

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Book Synopsis The Trans-Pacific Partnership by : C. L. Lim

Download or read book The Trans-Pacific Partnership written by C. L. Lim and published by Cambridge University Press. This book was released on 2012-09-20 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Trans-Pacific Partnership (TPP) talks attempt to link together at least nine countries in three continents to create a 'high-quality, twenty-first century agreement'. Such an agreement is intended to open markets to competition between the partners more than ever before in sectors ranging from goods and services to investment, and includes rigorous rules in the fields of intellectual property, labour protection and environmental conservation. The TPP also aims to improve regulatory coherence, enhance production supply chains and help boost small and medium-sized enterprises. It could transform relations with regions such as Latin America, paving the way to an eventual Free Trade Area of the Asia Pacific, or see innovations translated into the global trade regulatory system operating under the WTO. However, given the tensions between strategic and economic concerns, the final deal could still collapse into something closer to a standard, 'twentieth-century' trade agreement.

The Comprehensive and Progressive Trans-Pacific Partnership

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1316732169
Total Pages : 727 pages
Book Rating : 4.3/5 (167 download)

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Book Synopsis The Comprehensive and Progressive Trans-Pacific Partnership by : Jorge A. Huerta-Goldman

Download or read book The Comprehensive and Progressive Trans-Pacific Partnership written by Jorge A. Huerta-Goldman and published by Cambridge University Press. This book was released on 2021-12-02 with total page 727 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Comprehensive and Progressive Agreement for Trans-Pacific Partnership among eleven key nations of the Pacific Rim has already expanded trade and economic cooperation among the Parties. It also serves to encourage political cooperation among them and has served as a model for future 'wide and deep' free trade agreements. The chapters of this book will provide readers with a detailed understanding of the CPTPP's coverage, including provisions relating to tariff elimination, customs rules of origin, agriculture, sanitary and phytosanitary measures, technical barriers to trade, telecommunications, intellectual property, investment and investor–state arbitration, financial and other services, government procurement, state-owned enterprises, electronic commerce and digital trade, small and medium-sized enterprises, competition law, labor and environmental protection, dispute settlement, and many others. No international lawyer, economist, trade negotiator, or enterprise can afford not to take advantage of the opportunities for business that the CPTPP offers. This book has been written by CPTPP negotiators, experts, and practitioners.

The Political Economy of New Regionalisms in the Pacific Rim

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Author :
Publisher : Routledge
ISBN 13 : 0429954646
Total Pages : 246 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis The Political Economy of New Regionalisms in the Pacific Rim by : José Briceño-Ruiz

Download or read book The Political Economy of New Regionalisms in the Pacific Rim written by José Briceño-Ruiz and published by Routledge. This book was released on 2019-08-28 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining an analysis of regionalism from a systemic view with a domestic political-economy analysis, this book sheds light on the new dynamics and emerging configurations of regionalisms and interregionalisms in the post-Trans-Pacific Partnership (TPP). Donald Trump’s presidency has transformed trans-Pacific economic and political relations, contrasting sharply with President Obama’s ‘pivot to Asia’ strategy. Unilateralism and bilateralism have returned to the center stage, at the cost of regionalism, interregionalism, and multilateralism. Understanding these new dynamics requires closer examination of the underlying domestic political economies. Examining ten country case studies of multi-actor agency at the national level, expert contributors argue that trans-Pacific relations should not only be explained in terms of the behavior of the major powers, but that medium powers, and even small countries, can exert influence and occupy strategic nodes and contribute to shaping a new international relations network. Their findings will be of interest to scholars of international relations, international political economy, regionalism, and international economics.

Trans-Pacific Partnership: An Assessment

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Author :
Publisher : Peterson Institute for International Economics
ISBN 13 : 088132714X
Total Pages : 408 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Trans-Pacific Partnership: An Assessment by : Cathleen Cimino-Isaacs

Download or read book Trans-Pacific Partnership: An Assessment written by Cathleen Cimino-Isaacs and published by Peterson Institute for International Economics. This book was released on 2016-07-20 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Trans-Pacific Partnership (TPP) between 12 Pacific Rim countries has generated the most intensive political debate about the role of trade in the United States in a generation. The TPP is one of the broadest and most progressive free trade agreements since the North American Free Trade Agreement (NAFTA). The essays in this Policy Analysis provide estimates of the TPP's benefits and costs and analyze more than 20 issues in the agreement, including environmental and labor standards, tariff schedules, investment and competition policy, intellectual property, ecommerce, services and financial services, government procurement, dispute settlement, and agriculture. Through extensive analysis of the TPP text, PIIE scholars present an indispensable and detailed "reader's guide" that also sheds light on the agreement's merits and shortcomings. In Rich People Poor Countries, Caroline Freund identifies and analyzes nearly 700 emerging-market billionaires whose net worth adds up to more than $2 trillion. Freund finds that these titans of industry are propelling poor countries out of their small-scale production and agricultural past and into a future of multinational industry and service-based mega firms. And more often than not, the new billionaires are using their newfound acumen to navigate the globalized economy, without necessarily relying on political connections, inheritance, or privileged access to resources. This story of emerging-market billionaires and the global businesses they create dramatically illuminates the process of industrialization in the modern world economy.

The Trans-Pacific Partnership and the Path to Free Trade in the Asia-Pacific

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1785360043
Total Pages : 316 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis The Trans-Pacific Partnership and the Path to Free Trade in the Asia-Pacific by : Peter C.Y. Chow

Download or read book The Trans-Pacific Partnership and the Path to Free Trade in the Asia-Pacific written by Peter C.Y. Chow and published by Edward Elgar Publishing. This book was released on 2016-08-26 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mega-regionalism in the Asia Pacific has led to the formation of several emerging trade blocs, including the Trans-Pacific Partnership. This book, in addition to the examination of trade policies in the region, offers a comprehensive analysis of ongoing developments such as the impact of new members on the incumbent TPP-12 and its spillover to third parties, as well an objective study of the crucial issues of liberalization of agriculture, pharmaceuticals, and intellectual property rights.

RCEP and TPP

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Author :
Publisher :
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4.:/5 (93 download)

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Book Synopsis RCEP and TPP by : Sanchita Basu Das

Download or read book RCEP and TPP written by Sanchita Basu Das and published by . This book was released on 2014 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two years, two mega-regional trade agreements (RTAs) 0́3 the Regional Comprehensive Economic Partnership (RCEP) and the Trans Pacific Partnership (TPP) 0́3 are being negotiated to generalise the bilaterals and smaller regional agreements into more coherent region-wide or cross-regional arrangements. While RCEP negotiations involve sixteen countries (the ten ASEAN member countries, plus China, Japan, South Korea, India, Australia and New Zealand) aiming to attain a comprehensive and mutually beneficial economic partnership agreement that will entail deeper engagement between ASEAN and its FTA partners, TPP negotiations involve twelve countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam) and the aim is to liberalise trade in goods and services; encourage investments; promote innovation, economic growth and development; and support job creation and retention. However, both the RCEP and the TPP are currently facing complex challenges and are encountering difficulties in reaching a conclusion. While the TPP has missed multiple deadlines since the end of 2013, the RCEP, which began its journey in May 2013, has a likelihood of completion by the end of 2015.

The Trans-Pacific Partnership and Asia-Pacific Integration

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Author :
Publisher : Peterson Institute
ISBN 13 : 088132664X
Total Pages : 195 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis The Trans-Pacific Partnership and Asia-Pacific Integration by : Peter A. Petri

Download or read book The Trans-Pacific Partnership and Asia-Pacific Integration written by Peter A. Petri and published by Peterson Institute . This book was released on 2012-12-01 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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. We 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. The tracks are competitive initially but their strategic implications appear to be constructive: they generate incentives for enlargement and mutual progress and, over time, for region-wide consolidation. The "21st century" template of the TPP would be especially productive because it is likely to offer opportunities for the leading sectors of both emerging-market and advanced economies. An ambitious TPP template would generate greater gains from integration than less demanding alternatives, but it will be harder to sell to China and other key regional partners as the TPP evolves toward wider agreements. 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"--Provided by publisher.

Understanding the Trans-Pacific Partnership

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Author :
Publisher : Peterson Institute
ISBN 13 : 0881326739
Total Pages : 87 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Understanding the Trans-Pacific Partnership by : Jeffrey J. Schott

Download or read book Understanding the Trans-Pacific Partnership written by Jeffrey J. Schott and published by Peterson Institute. This book was released on 2013 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Trans-Pacific Partnership (TPP) is a big deal in the making. With the Doha Round of multilateral trade negotiations at an impasse, the TPP negotiations have taken center stage as the most significant trade initiative of the 21st century. As of December 2012, negotiators have made extensive progress in 15 negotiating rounds since the talks began in March 2010, though hard work remains to finish the deal in the coming year or so. Despite this effort, however, the TPP is not well understood. In part, the reason lies in the dynamism of the TPP initiative. Unlike other free trade pacts, the growing membership as the talks have proceeded and the broad range, complexity, and novelty of the issues on the agenda have made it difficult to track the substantive detail and progress of the talks. This Policy Analysis aims to remedy this problem by providing a reader's guide to the TPP initiative. It first assesses how much the TPP countries are alike and like-minded in their pursuit of a comprehensive trade deal. It then examines the current status of the talks, the major substantive sticking points, and the implications of Canada and Mexico joining the talks as well as prospective membership of other countries. The Policy Analysis then looks ahead to how the TPP could advance economic integration in the Asia-Pacific region and the implications for trade relations with China.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership

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Author :
Publisher : Iseas - Yusof Ishak Institute
ISBN 13 : 9789814818872
Total Pages : 0 pages
Book Rating : 4.8/5 (188 download)

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Book Synopsis The Comprehensive and Progressive Agreement for Trans-Pacific Partnership by : Cassey Lee

Download or read book The Comprehensive and Progressive Agreement for Trans-Pacific Partnership written by Cassey Lee and published by Iseas - Yusof Ishak Institute. This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement involving major countries across the Asia Pacific region. The trade pact, which entered into force on 30 December 2018, is considered by many to be the "gold standard", given its ambitious scope and depth. This volume offers multi-dimensional insights into the CPTPP and its impact on Southeast Asia. It begins with broad analyses covering the historical, economic and geopolitical aspects of the CPTPP. Subsequent chapters focus on the nature and implications of three key path-breaking provisions in the trade agreement, namely investor-state dispute settlement, intellectual property rights and state-owned enterprises. The effect of the CPTPP on Southeast Asia in terms of regional production networks is also examined from the perspective of Japanese multinational enterprises. The potential economic impact of the agreement is analysed for member countries (Vietnam and Malaysia) as well as countries that aspire to join the CPTPP in the future (Indonesia and Thailand). The world trading system is in disarray: the World Trade Organization has been weakened, perhaps terminally; the world's two economic superpowers are locked in deep, politicized disputes; the forces of populism and nationalism are everywhere complicating the return to a more liberal, rules-based order. These trends are challenging one of the building blocks of ASEAN economic development, namely these countries' outward-looking trade and investment policies. With impeccable timing this important volume by a group of eminent authors assesses these issues with reference to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. The CPTPP excludes the three largest traders--China, the EU and the US--but it is a welcome second-best initiative that may have broader, positive ripple effects. This is the volume to read to gain a deeper understanding of the many complex issues at play." -- Hal Hill, H.W. Arndt Professor Emeritus of Southeast Asian Economies, College of Asia & the Pacific, Australian National University