{"product_id":"9780881326642","title":"The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment","description":"\u003cp\u003eWhile 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. This book investigates what these trade negotiations could mean to the world economy. Petri, Plummer, and Zhai 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. They find that the tracks are competitive initially but their strategic implications appear to be constructive: the agreements would generate incentives for enlargement and mutual progress and, over time, for region-wide consolidation. The authors conclude that 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.\u003c\/p\u003e","brand":"Peterson Institute for International Economics","offers":[{"title":"Default Title","offer_id":47032537710832,"sku":"9780881326642","price":23.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780881326642_p0.jpg?v=1769913402","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780881326642","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}