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Product details:
- Publisher OUP Oxford
- Date of Publication 11 June 2019
- ISBN 9780198825296
- Binding Hardback
- No. of pages752 pages
- Size 252x174x49 mm
- Weight 1430 g
- Language English 0
Categories
Short description:
In this collection, leading scholars from around the world analyse 'megaregulation': a new intergovernmental economic ordering and form of governance. In the aftermath of the failure of TPP, the collection also looks at the controversies surrounding megaregulation and the future directions complex transnational governance may take.
MoreLong description:
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.
Table of Contents:
List of Contributors
Abbreviations
Introduction: The Essence, Significance, and Problems of the Trans-Pacific Partnership
I . MEGAREGUL ATION, GEOPOLITICS, AND ORDERING PROJECTS
The Trans-Pacific Partnership as Megaregulation
The Uncertain Geo-Strategic Outlook for the US in Asia: The Pivot, the Re-Balance, TPP, and Now What?
TPP and China: A Tale of Two Economic Orderings?
II. CONTESTING MEGAREGUL ATION: DISTRIBUTION, INEQUALIT Y, AND DEVELOPMENT
The Politics of Expertise in Transnational Economic Governance: Breaking the Cycle
Power and Inequality in Megaregulation: The TPP Model
The Lessons of TPP and the Future of Labor Chapters in Trade Agreements
TPP and Environmental Regulation
Customs Administration and Trade Facilitation in TPP: The Missing Development Agenda
III. TRANSNATIONAL BUSINESS: GLOBAL VALUE CHAINS AND THE DIGITAL ECONOMY
In a World of Value Chains: What Space for Regulatory Coherence and Cooperation in Trade Agreements?
The Regulation of Firms in Globally Intertwined Markets: The Case of Payment Systems
TPP's Business Asymmetries: Megaregulation and the Conditions of Competition Between MNCs and SMEs
Sales, Sourcing, or Regulation? Evidence from TPP on What Drives Corporate Support for Trade
Digital Megaregulation Uncontested? TPP's Model for the Global Digital Economy
IV. MEGAREGUL ATION, THE REGUL ATORY STATE, AND THE MARKET
Harmonization: Top Down, Bottom Up-and Now Sideways? The Impact of the IP Provisions of Megaregional Agreements on Third Party States
Thailand and Public Health: Looking Beyond the Intellectual Property Chapter of TPP
Remote Control: TPP's Administrative Law Requirements as Megaregulation
Choices and Consequences: Internationalizing Competition Policy After TPP
How Ready Is Indonesia to Open Government Procurement ? la TPP?
Japan: Leveraging National Regulatory Reform and the Economic Modeling of Trade Agreements
Regulating Regulation: Impact Assessment and Trade
Trade and Exchange Rates: The Joint Declaration of the Macroeconomic Policy Authorities of TPP Countries
V. MEGAREGULATORY TREATY INSTITUTIONS
The Institutions of TPP11: Back to the Future?
State-to-State Dispute Settlement in Megaregionals
Finding a Workable Balance Between Investor Protection and the Public Interest in the Trans-Pacific Partnership
VI. NATIONAL POLITICS OF MEGAREGUL ATORY AGREEMENTS
Japan: Interest Group Politics, Foreign Policy Linkages, and TPP
Structuring Participation: Public Comments and the Dynamics of US Trade Negotiations
After TPP Is Before TPP: Mexican Politics for Economic Globalization and the Lost Chance for Reflection
Regional and Preferential Agreements: The 'Pacific' and 'Atlantic' Styles in Latin America
Brazil in the Shadow of Megaregional Trade and Investment Standards: Beyond the Grand Debate, Pragmatic Responses
TPP and India: Inspirations for Sequenced Reforms
Index
