Eric Crampton had a post this morning drawing attention to recent posts on TPP by Brian Easton (“to the left of the NZ economist punditsphere”) and me (“to the right of the same”).
In our posts we primarily asked slightly different questions. Brian posed the question “Can we afford not to adopt the TPPA?” . He doesn’t express a strong view one way or the other on the economic merits of the deal itself (but, as Eric notes, he doesn’t come across as overly enthusiastic). Instead, his focus is on the fact that the deal has already been agreed, and that if New Zealand were not to ratify it now, it could be deeply damaging to a range of international relationships.
The logic in this column is that we now do not have much choice about the TPPA. The government is trapped into agreeing to it because rejecting it has…
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