A few earlier posts touched on some issues around TPP.
I remain pretty uneasy about the likelihood of overall net benefits emerging from this deal for New Zealanders.
And since this is one of those polarising issues – at least in New Zealand – I should restate (in a perhaps over-simplified way) my priors:
- The ability to trade freely in goods and services is generally good and beneficial
- Unilateral removal of New Zealand’s own trade restrictions has generally benefited New Zealanders.
- We should have gone further and removed our remaining tariffs and either abolished, or sharply constrained, our anti-dumping regime.
- A liberal foreign investment regime is generally good and beneficial.
- New Zealand’s foreign investment regime is less liberal than it could and should be. (There may, however, be important exceptions to the general case for a liberal regime. Had the Soviet Union sought to buy up a large contiguous chunk…
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Jul 31, 2015 @ 11:14:07
best you to it. Great article though. This is a damn good blog
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Jul 31, 2015 @ 11:15:04
yes, one of the better new blogs about
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