Regional and Preferential Agreements: The Pacific and Atlantic Styles in Latin America

Polanco, Rodrigo (2019). Regional and Preferential Agreements: The Pacific and Atlantic Styles in Latin America. In: Kingsbury, Benedict; Malone, David M.; Mertenskötter, Paul; Stewart, Richard B.; Streinz, Thomas; Sunami, Atsushi (eds.) Megaregulation Contested: Global Economic Ordering After TPP. Law and Global Governance (pp. 623-649). Oxford: Oxford University Press 10.1093/oso/9780198825296.003.0029

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The Japan-led Trans-Pacific Partnership (CPTPP) 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.

Item Type:	Book Section (Book Chapter)
Division/Institute:	02 Faculty of Law > Department of Economic Law > World Trade Institute 10 Strategic Research Centers > World Trade Institute
UniBE Contributor:	Polanco, Rodrigo Javier
Subjects:	300 Social sciences, sociology & anthropology > 340 Law 300 Social sciences, sociology & anthropology > 380 Commerce, communications & transportation
ISBN:	9780198825296
Series:	Law and Global Governance
Publisher:	Oxford University Press
Language:	English
Submitter:	Pablo Rahul Das
Date Deposited:	28 Feb 2020 10:27
Last Modified:	05 Dec 2022 15:37
Publisher DOI:	10.1093/oso/9780198825296.003.0029
Related URLs:	Publication Publisher
URI:	https://boris.unibe.ch/id/eprint/140846