Building a new transatlantic alliance stood high on the 1995 agenda for Euro-American relations,a symbol of an adjustment process under way in depth.In June 1995,US Secretary of State Warren Christopher raised in his ...Building a new transatlantic alliance stood high on the 1995 agenda for Euro-American relations,a symbol of an adjustment process under way in depth.In June 1995,US Secretary of State Warren Christopher raised in his speechthe issue of “charting a Transatlantic Agenda for the 21st century”.A month later,Europe came up with a strategic paper on relations with America.The end of展开更多
As a result of deadlocked multilateral trade negotiations, many countries have embarked on the establishment of bilateral and regional trade agreements. Using the Global Trade Analysis Project database and a computabl...As a result of deadlocked multilateral trade negotiations, many countries have embarked on the establishment of bilateral and regional trade agreements. Using the Global Trade Analysis Project database and a computable general equilibrium model, our paper focuses on the impacts of the Transatlantic Trade and Investment Partnership （TTIP） and the Trans- Pacific Partnership （TPP） on the Chinese economy under three scenarios. The results suggest that when only the TTIP is realized, Chinese economic variables are negatively affected. When both the TTIP and the TPP are realized and China is excluded, the combined damage to the Chinese economy is higher than the damage with the TTIP alone. However, the inclusion of China in the TPP has a positively effect on economic variables in China. This indicates that the impacts of China ＇s participation in the TPP compensate for the negative impacts of the TTIP. Therefore, China should consider being part of the TPP to offset the negative impacts of the TTIP.展开更多
文摘Building a new transatlantic alliance stood high on the 1995 agenda for Euro-American relations,a symbol of an adjustment process under way in depth.In June 1995,US Secretary of State Warren Christopher raised in his speechthe issue of “charting a Transatlantic Agenda for the 21st century”.A month later,Europe came up with a strategic paper on relations with America.The end of
文摘As a result of deadlocked multilateral trade negotiations, many countries have embarked on the establishment of bilateral and regional trade agreements. Using the Global Trade Analysis Project database and a computable general equilibrium model, our paper focuses on the impacts of the Transatlantic Trade and Investment Partnership （TTIP） and the Trans- Pacific Partnership （TPP） on the Chinese economy under three scenarios. The results suggest that when only the TTIP is realized, Chinese economic variables are negatively affected. When both the TTIP and the TPP are realized and China is excluded, the combined damage to the Chinese economy is higher than the damage with the TTIP alone. However, the inclusion of China in the TPP has a positively effect on economic variables in China. This indicates that the impacts of China ＇s participation in the TPP compensate for the negative impacts of the TTIP. Therefore, China should consider being part of the TPP to offset the negative impacts of the TTIP.
