TPP, IPR Protection, and Their Implications for Emerging Asian Economies
Intellectual property rights (IPR) protection is essential for economic growth, innovation, and competitiveness. As the global economy is increasingly organised within global value chains, disciplining and enforcing IPR in a coherent manner internationally has become a critical issue in the 21st century trade system. The Trans-Pacific Partnership (TPP) agreement flags America's achievement in setting new standards on international IPR enforcement under a plurilateral framework that involves countries from Asia-Pacific. Yet such standards run the risk of becoming the new norm at the international level. Reaching agreement on the text of the TPP signals emerging Asian economies' heightened commitment to IPR enforcement. Some factors that policymakers may want to consider include the following:
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- Ruperto Majuca & Jesson Pagaduan, 2015. "Transmission Channels of Economic Shocks in ASEAN," Working Papers PB-2014-08, Economic Research Institute for ASEAN and East Asia (ERIA).
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