9 Ways the TPP Is Bad for Developing Countries
BY JULY 7, 2015
The Trans-Pacific Partnership (TPP) — a major new trade agreementunder negotiation among 12 countries in the Asia-Pacific region — received a shot in the arm in the United States at the end of June when Congress voted to grant President Barack Obama “fast-track” authority to negotiate it. The TPP has fueled considerable dispute. Reasons for this include the secrecy with which talks have been conducted, the agreement’spotential effects on U.S. jobs and growth, and its geopolitical implications. But one issue that has received comparatively little attention is how the TPP is likely to impact the developing countries slated to join.
