Emerging Global Trade Governance ― Mega Free Trade Agreements and Implications for Asean

Mega free trade agreements (FTAs) are being formed to fill the gap created by new developments in global governance and are reshaping the world economic order. The Trans-Pacific Partnership (TPP) agreement is one of such 21st century FTAs.

This book highlights three trade-related issues covered by the TPP that greatly concern emerging countries – investment, intellectual property rights (IPR), and state-owned enterprises (SOEs). It contains rigorous economic, legal, and political analyses on the final text of the agreement, combined with country-specific policy discussions focusing on Indonesia, the Philippines, Thailand, and Viet Nam, giving readers insights on the establishment of global rules and regulations for 21st century trade. The book also outlines the requirements for emerging Asian countries to better formulate trade policies in the new era of international trade and promote regional integration in ASEAN and East Asia.

Lurong Chen is an Economist at the Economic Research Institute for ASEAN and East Asia (ERIA). He obtained his PhD in International Economics from the Graduate Institute of International and Development Studies, Geneva.

Shujiro Urata is Professor of Economics at the Graduate School of Asia-Pacific Studies, Waseda University; Faculty Fellow at the Research Institute of Economy, Trade and Industry (RIETI); Research Fellow at the Japanese Centre for Economic Research; and Senior Research Advisor, Economic Research Institute for ASEAN and East Asia (ERIA). He received his PhD in Economics from Stanford University.

Junji Nakagawa is Professor of International Economic Law at the Institute of Social Science, University of Tokyo. He obtained his PhD in Law from the University of Tokyo.

Masahito Ambashi is an Economist at the Economic Research Institute for ASEAN and East Asia (ERIA). He received his PhD in Economics from the University of Essex.