{"id":17519,"date":"2015-06-11T18:53:50","date_gmt":"2015-06-11T22:53:50","guid":{"rendered":"https:\/\/www.bu.edu\/pardeeschool\/?p=17519"},"modified":"2021-02-04T10:08:10","modified_gmt":"2021-02-04T15:08:10","slug":"gallagher-pardee-tpp-trade","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/pardeeschool\/2015\/06\/11\/gallagher-pardee-tpp-trade\/","title":{"rendered":"Gallagher’s OpEd Explains the Problem with TPP"},"content":{"rendered":"

\"tpp-fast-track\"<\/a><\/p>\n

Professor Kevin Gallagher <\/a>of the Frederick S. Pardee School of Global Studies at Boston Univeristy is unconvinced that the fast-track trade authority that US President Barack Obama is seeking for the Trans-Pacific Partnership (TPP) is a good idea.<\/p>\n

Gallagher made his case in an OpEd published in BUToday<\/em><\/a> (June 11, 2015), ttled ‘The Problem with Obama’s Trade Pact.’<\/em> <\/a>Succinctly put, his main argument is that “the TPP will bring little in terms of economic benefits for the majority of Americans, but will involve considerable risks.”\u00a0<\/span><\/p>\n

The following excerpts from the OpEd explain the argument:<\/p>\n

A look at the numbers is revealing.\u00a0A\u00a0<\/span>government study<\/a>\u00a0by the US Agriculture Department shows that the deal would have no economic benefits for the economy, concluding that \u201cthe TPP is unlikely to have substantial macroeconomic effects.”<\/span><\/p>\n

…\u00a0<\/strong>Our loss is not our trading partners\u2019 gain. The benefits for all the TPP countries are estimated by the\u00a0Peterson Institute<\/a>\u00a0to be 0.49 percent of their combined GDP. The TPP is estimated to actually\u00a0hurt<\/em>\u00a0the economies of Indonesia, Thailand, the Philippines, and many South Asian countries.<\/p>\n

With the economic gains so small, and even then only materializing a decade from now, it is no wonder that members of Congress at least want to make sure the agreement, at a minimum, does not put US businesses or workers at a disadvantage or undermine the public health, safety, and environmental policies on which Americans rely.<\/p><\/blockquote>\n

The full OpEd can be read here<\/em><\/a>.<\/p>\n

Gallagher is an Associate Professor of global development policy at Boston University\u2019s Frederick S. Pardee School of Global Studies, where he co-directs the\u00a0<\/span>Global Economic Governance Initiative<\/a>\u00a0and the Global Development Policy Program. Learn more about him here<\/a>.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Kevin Gallagher writes OpEd in BUToday arguing that President Obama’s new trade pact is a bad idea.<\/p>\n","protected":false},"author":1562,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[8410],"tags":[8802,8814,2064,1362,1834],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/17519"}],"collection":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/users\/1562"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/comments?post=17519"}],"version-history":[{"count":6,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/17519\/revisions"}],"predecessor-version":[{"id":47911,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/17519\/revisions\/47911"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/media?parent=17519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/categories?post=17519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/tags?post=17519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}