Boom Bust Season 2 Episode 93 Secretive TPP Nears Completion
- TV-PG
- January 28, 2015
The highly-anticipated trade deal known as the Trans-Pacific Partnership (TPP) is nearing completion, but details of the agreement remain shrouded in secrecy. In this episode of Boom Bust, hosts Brent Jabbour and Christy Ai discuss the potential implications of the secretive TPP for various industries and economies around the world.
First, the hosts explore the potential impact on the automotive industry, which could see a significant shift in manufacturing location and job availability under the TPP. They also discuss concerns over intellectual property rights and the impact on the pharmaceutical industry, as well as the potential for increased globalization of the tech industry.
Next, Jabbour and Ai dive into the potential economic effects of the TPP on various countries involved in the negotiations. They discuss the potential benefits for smaller countries like Vietnam and Malaysia, as well as the potential challenges for larger economies like Japan and the United States.
The hosts also examine the role of China in the negotiations, as the country has expressed interest in joining the TPP in the future. They discuss the potential impact on the United States' relationship with China and the increased competition that could result from Chinese involvement in the trade deal.
Finally, Jabbour and Ai provide insights from prominent economists and industry experts on the potential benefits and drawbacks of the TPP, including concerns over labor conditions and environmental regulations. They also discuss the potential for the TPP to serve as a model for future trade agreements and the implications of its completion for international trade.
Overall, this episode of Boom Bust provides a comprehensive overview of the secretive TPP negotiations and their potential implications for various industries and economies around the world.