Joseph Stigliz argues that the Trans-Pacific Partnership (TPP) will disrupt pre-existing efficient Asian supply chain.[1] That essentially suggests that the TPP creates trade diversion away from non-TPP Asian countries. While this argument is true if it stands in isolation, it is not applicable for Malaysia. This is because Malaysia already maintains free trade deals with […]

I have previously highlighted the cost of Malaysia not participating in the Trans-Pacific Partnership, which is a proposed free trade agreement among 12 countries across the Pacific. The cost comes in the form of trade diversion. I have only mentioned the qualitative aspect however. While it is good to know that, having quantitative assessment of the […]

As negotiations progress, opposition to the Trans-Pacific Partnership (TPP) is getting louder in Malaysia. The opposition camp is focusing on possible loss of policy independence arising from the implementation of the TPP and its potential cost to ordinary Malaysians. While their concerns are legitimate and deserve attention, it is also important to know that there […]