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

Edited by Peter C.Y. Chow

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.
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Chapter 4: Taiwan’s TPP accession: impact on the TPP12 and spillovers on third parties

Dan Ciuriak and Jingliang Xiao


The authors address how the founding 12 Trans-Pacific Partnership (TPP) members (the TPP12) will be affected by membership expansion, using Taiwan’s admission as a case study. They show that this would expand the overall economic gains for the TPP12 considerably, though they would have to give up preferential gains made at Taiwan’s expense. Accordingly, the path to a Free Trade Area of the Asia Pacific (FTAAP) through the expansion of existing free trade agreements (FTAs) faces the challenge of overcoming potential resistance from existing TPP members who might stand to lose rather than gain from the expansion.

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