TPP - Economics Students Society of Australia

TPP

A collection of 5 posts

The Trans-Pacific Partnership: where economics and power politics collide

The Trans-Pacific Partnership: where economics and power politics collide

The Trans-Pacific Partnership is “the next big thing” in international trade. Its 12 members account for about 40% of the world GDP, concentrated around the economically dynamic Pacific region. The deal promises to slash tariffs across a range of products, and to deal with sensitive yet vital issues of 21st

The Responsibility to Ratify: Why the TPP is Crucial to Australia's Future

The Responsibility to Ratify: Why the TPP is Crucial to Australia's Future

After years of intense negotiations, the Trans-Pacific Partnership Agreement (TPP) talks finally concluded last October. Following a month of legal and language-related touch ups, the full and official text of the agreement was published in November of last year, marking the beginning of a difficult process of ratification in all

Why Free Trade?

Australia's economy: then and now

Why Free Trade?

“Every time one person freely trades with another, wealth increases”—that is, if you believe former Prime Minister Tony Abbott. [1] Somewhat surprisingly, Tony Abbott is correct—it is generally accepted that removing barriers to trade is beneficial. Given that free trade is hailed for its ability to improve living

Free trade nations

Free trade nations

With slowing growth in the BRICS and the underwhelming recovery in the U.S., many nations around the world are looking to free trade. Australia, among others, has been negotiating agreements with Asia, forming the Trans-Pacific Partnership. In the meantime, the World Trade Organisation’s Doha Round has successfully agreed

All Eyes on Japan as New Asia-Pacific Trading Bloc Takes Shape

All Eyes on Japan as New Asia-Pacific Trading Bloc Takes Shape

It is expected that Japanese Prime Minister Shinzo Abe will announce Japan’s entry into Trans-Pacific Partnership (TPP) free trade talks in the next few days. The TPP economies already account for 30 per cent of global output and 20 per cent of the world’s exports of goods and