In a post a couple of weeks ago, I highlighted the comments several New Zealand economists had made about the TPP agreement. Reasonably enough – since to evaluate the full detail involves a great deal of in-depth work – none seemed overly confident in their views, but none seemed to see the agreement as any sort of landmark beneficial economic advance for New Zealand.
Since then, a couple of other economists have put views on record. Jim Rose, a consultant who has worked for various New Zealand and Australian government agencies (including the Australian Productivity Commission), starts by observing that the “correct” economists’ reaction to regional trade agreements, in principle, would be one of “lukewarm opposition”, reminding us that this is also the stance of Paul Krugman who – whatever his politics – built a stellar academic career thinking about trade issues.
Regional trade agreements risk making all…
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Utopia, you are standing in it! 
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