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December 2, 2013 - 3B03 Lecture.docx

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McMaster University
Political Science
Richard Stubbs

Started on: 12/2/2013 5:34:00 AM C LASS N OTES FOR : 3B03 McMaster University, Fall 2013 M ONDAY , D ECEMBER 2, 2013 Peter Hall reading on Paradigms, Kelly reading Compare / Contrast APEC free trade agreements & ASEA + 3 trade agreements; Paradigm focused APEC Includes member economies from the Asia Pacific Key member economies: United States (largest and most determined), Australia, New Zealand and Canada – The four considered Anglo-American style economies (Anglo-US / Neo-liberal approach to economic development) * United States – Particular view on FTA ASEAN + 3 Contain a different approach Developmental state background and strong interventionist background Statist approach Out of these two approaches comes out a different approach to trade agreements - Divergence between the two approaches APEC  TPP Agreement APT (ASEAN PLUS 3)  RCEP Agreement ANGLO-AMERICAN VIEW STATIST APPROACH Tariffs reduces to 0 Tariffs reduced to 0 (although the APT will allow a list that can be put forward of particular sensitive commodities) Keen on opening up the economy to MultinationInterested in some investment, but its not so important; Corporations from other countries (Investmenttrade and services yes, but would like to have a list provisions); particularly Trade & Services (fwhere each country can put forward for protecting insurance, health care) particular kinds of services. (Want countries to have the right to list products / services that are sensitive!) ROOs (Rules of Origin)* - Go line by line forThe APT do not have the sophisticated technology to be origins; able to go through each container; so their ROOs are 40% that have to be made in the member countries; There are ROOs, enforceable but all across the board, across all products (not as sophisticated); there are some products that are excluded; but rules of origins are more different in approach to the Anglo-American rules of origin. Intellectual Property Rights – What is alloweNot so much focus on intellectual property rights; downloaded, stringent intellectual property rThose in Asia pacific want to catch up and need to like to have strong IPR because they’re produinnovate and in order to do this need to be able to use in the 1800s etc. the United States was takinother people’s intellectual property rights and build up and using it to develop their own industries.on it; *Worried that their pharmaceuticals will become too expensive! Angie © McMaster University 1 Fall 2013 Started on: 12/2/2013 5:34:00 AM Government Procurement contracts: The U
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