dunnettreader + trans-pacific-partnership   7

Robert Kuttner - America's Collapsing Trade Initiatives | HuffPost blog - Sept 2015
As Kuttner says, these deals are collapsing under their own (lack of) logic -- though the MNCs that would benefit will do their utmost to keep them alive. The ISDS problem is looking increasingly fatal in the EU - a proposal for a "better" dispute resolution forum is being rejected by both the Friends of the Earth and the US Chamber of Commerce. Kuttner also thinks Canada, regardless of who's the next PM, will struggle to swallow it. The most maddening claim is how the MNCs will accept the US "giving away the store" seen from an American angle of jobs and trade deficits, since their foreign manufacturing operations will benefit.
MNCs  Trans-Pacific-Partnership  investor-State_disputes  FX-rate_management  Labor_markets  wages  Pocket  EU_governance  trade  Transatlantic_Trade_and_InvestmentPartnership  US-China  capital_flows  Obama_administration  China-international_relations  trade-policy  trade-agreements  ISDS  unemployment  US_foreign_policy  FX-misalignment  from pocket
september 2015 by dunnettreader
Médicins sans frontières - The Trans-Pacific Partnership: A Threat To Global Health? -:May 2015
The IP protections for big pharma not only go against consensus on improving global health policy, they are in the opposite direction of Obama administration domestic policy! The trade technocrats who've been committed to a career of trade negotiations seem to have completely lost the plot. Looks like a classic case of regulatory capture (sharing "business promotion" process and goals with US MNCs, their most important "partners") of one part of the policymaking bureaucracy, which isn't even registering the fact of conflict with other parts of the government. The White House (and Treasury? ) appear to have bought the negitiators' claim that the deal is the "best" they can get, and if a part of it is attacked the whole thing will come apart. Besides the MNCs who will be able to exploit monopolies on a global scale and protect their newly acquired"property rights" from pesky national regulations, it's unclear who in the US benefits. But the trade technocrats are working in a bubble where "doing a deal" would be a triumph, regardless of the merits, after Doha fell apart. It also looks like "intellectual capture" with a failure to mark policies to market in face of counter evidence. There's been nothing on the trade front that has vocally challenged neoliberal verities the way the IMF is openly questioning its dogmas. I bet USTR is still mandating capital account liberalization in bilaterals while it's been abandoned as "best practice" at the IMF, with no timely input from the right people at Treasury to change the boilerplate demands. Jason Furman, or somebody close to the President, needs to show him how much the TPP embodies a host of awful stuff he's been openly fighting against. The secrecy has been working against him -- it distorts the signals. People whose judgment he'd trust haven't opposed specifics they'd scream against, since they haven't seen the details and aren't willing to be seen to undermine him, and he's only been pressured from the Left which can be completely discounted, since they're expected to be unhappy. But it's looking not just "hold your nose" poor -- it's actively terrible -- especially since it's also to be used as a blueprint for bringing more countries on board! Total dig's breakfast!
US_economy  US_politics  trade-policy  trade-agreements  Trans-Pacific-Partnership  IP  IP-global_governance  pharma  health  development  LDCs  monopolies  rent-seeking  inequality  unions  neoliberalism  Democrats  Obama_administration  Obama  Instapaper  from instapaper
may 2015 by dunnettreader
Lori Wallach & Ben Beachy - Eyes on Trade: Defending Foreign Corporations' Privileges Is Hard, Especially When Looking At The Facts - Nov 11 2014
Forbes just published this response from Lori Wallach and Ben Beachy (GTW director and research director) to a counterfactual Forbes opinion piece by John Brinkley in support of investor-state dispute settlement. Even those who support the controversial idea of a parallel legal system for foreign corporations, known as investor-state dispute settlement or ISDS, likely cringed at John Brinkley’s recent attempt to defend that system. (“Trade Dispute Settlement: Much Ado About Nothing,” October 16.) In trying to justify trade agreement provisions that provide special rights and privileges to foreign firms to the disadvantage of their domestic competitors, Brinkley wrote 24 sentences with factual assertions. Seventeen of them were factually wrong.
US_foreign_policy  US_legal_system  corporate_law  corporate_citizenship  cross-border  treaties  ISDS  free_trade  trade-policy  Transatlantic_Trade_and_InvestmentPartnership  Trans-Pacific-Partnership  fast_track  US_trade_agreements  international_law  property_rights  property-confiscations  competition  Congress  consumer_protection  environment  FDI  investor-State_disputes  investment-bilateral_treaties  EF-add 
november 2014 by dunnettreader
R. Michael Gadbaw - Existential Risks to the Global Trading System and the Problem of Currency Intervention as a Case Study :: SSRN June 16, 2014
Institute of International Economic Law, Georgetown University Law Center -- Fourth Biennial Global Conference of the Society of International Economic Law (SIEL) - Society of International Economic Law (SIEL) Working Paper No. 2014/10. *&--** As countries seek to promote growth in the aftermath of the financial crisis, currency intervention has become more prevalent and distortions in exchange rates with their resulting imbalances in trade flows have prompted call for new initiatives to address them, including in the negotiations of the Trans-Pacific Partnership (TPP) and of the Transatlantic Trade and Investment Partnership (TTIP). Both economic and legal experts have brought new insight into the impact of currency intervention on trade and a fresh legal perspective on the application of the rules in the WTO against measures that frustrate the intent of the GATT/WTO agreements. This paper reviews the underlying legal and policy issues and provides possible language for inclusion in the TPP or TTIP, and eventually in the WTO, that would build on the existing disciplines in the WTO and IMF agreements by authorizing remedial action in the form of safeguard and countervailing duties in response to a finding of actionable currency intervention. -- Number of Pages: 10 -- downloaded pdf to Note
paper  SSRN  international_law  international_economics  law-and-economics  international_political_economy  global_governance  international_monetary_system  international_organizations  IMF  FX  FX-misalignment  WTO  trade-agreements  global_imbalance  trade-policy  Trans-Pacific-Partnership  Transatlantic_Trade_and_InvestmentPartnership  competition  capital_flows  investment-bilateral_treaties  central_banks  downloaded  EF-add 
september 2014 by dunnettreader
Locknie Hsu - Convergence, Divergence, and Regulatory Tension - An Asian Perspective :: SSRN September 5, 2014
Singapore Management University - School of Law -- Singapore Management University School of Law Research Paper No. 30/201 -- Fourth Biennial Global Conference of the Society of International Economic Law (SIEL), pp 2-14, June 2014, Working Paper No. 2014/13. *--* Regulatory issues relating to public health, including regulation of access to medicines and tobacco control have increasingly been the source of tension in recent trade and investment negotiations, treaties and disputes. The ongoing Trans-Pacific Partnership negotiations, which include a number of developing Asian states, are an example that brings some of these issues to the fore and show a divergence of negotiating views. The intersection between public health regulation and trade and investment treaties has given some Asian states significant pause for thought; -- This intersection and resulting tension have led the WTO, WHO and WIPO to work together in an unprecedented manner to address some of the issues at the global level. The law evolving around these issues is demonstrating a deep divergence, in the manner that related disputes are being handled, and in terms of regulatory as well as negotiating stances. As an example, the debate on access to medicines demonstrates a divergence of approaches and proposed global solutions, as numerous proposals for reform of the existing construct (comprising patents and their “progeny” in the form of related commercial rights) are canvassed. Meanwhile, some countries such as India have begun to move ahead to embrace solutions such as compulsory licensing. -- It is suggested that a convergence of purpose(s) is needed, for a convergence of solutions to be found. Until then, the current divergences will continue to feed regulatory tension. -- Keywords: Convergence, divergence, trade, investment, public health, tobacco, pharmceuticals, FTAs, Asia, ASEAN -- downloaded pdf to Note
paper  SSRN  international_law  international_economics  law-and-economics  international_political_economy  global_governance  Trans-Pacific-Partnership  Asia_Pacific  Asia  India  IP  convergence-business  technology  technology_transfer  Innovation  health_care  commercial_law  neoliberalism  FDI  trade-agreements  property_rights  public_health  public_goods  US_foreign_policy  US_legal_system  business-and-politics  investment  WTO  international_organizations  downloaded  EF-add 
september 2014 by dunnettreader

related tags

20thC  21stC  Asia  Asia_Pacific  business-and-politics  capital_flows  central_banks  China-economy  China-international_relations  commercial_law  competition  Congress  consumer_protection  convergence-business  corporate_citizenship  corporate_law  cross-border  Democrats  development  diplomacy-environment  dollar  downloaded  economic_history  EF-add  environment  EU_governance  exports  fast_track  FDI  free_trade  FX  FX-misalignment  FX-rate_management  globalization  global_governance  global_imbalance  health  health_care  IMF  imports  India  inequality  Innovation  Instapaper  international_economics  international_law  international_monetary_system  international_organizations  international_political_economy  investment  investment-bilateral_treaties  investor-State_disputes  IP  IP-global_governance  ISDS  Japan  Labor_markets  labor_share  labor_standards  law-and-economics  LDCs  mercantilism  MNCs  monopolies  neoliberalism  Obama  Obama_administration  paper  pharma  Pocket  property-confiscations  property_rights  public_goods  public_health  regulation-enforcement  regulation-environment  regulation-harmonization  rent-seeking  SSRN  technology  technology_transfer  trade  trade-agreements  trade-policy  trade-policy_enforcement  trade_deficits  Trans-Pacific-Partnership  Transatlantic_Trade_and_InvestmentPartnership  treaties  unemployment  unions  US-China  US_economy  US_foreign_policy  US_legal_system  US_politics  US_trade_agreements  wages  WTO 

Copy this bookmark:



description:


tags: