Framing mega regional trade agreements within global capitalism: an analysis of the TPP, TTIP and TISA proposals/

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2016
Kahya, Pınar
The thesis investigates the reasons behind the emergence of a new generation of mega trade liberalization agreements in different scales. These scales are the US-the EU scale which is concretized with Transatlantic Trade and Investment Partnership (TTIP), Asia-Pacific scale which is on scope of Transpacific Partnership (TPP), and Trade in Services Agreement (TISA) which is negotiated beyond these scales. The aim of the study is to identify the main structural factors, strategies and agencies which drive the process and assess their scope, content and implication on global scale as a form of regulation. Obama Administration brings forward the US-led trade trinity (TPP, TTIP and TISA) initiative in response to global economic recession which has been effective in post- 2008-9 crisis period. The thesis concludes with the assertion that these multi-purpose, wide-ranging and ambitious agreements aim to expedite value creation and value transfer for international capital targeting protective regulatory frames through deepening liberalization within mega-regional scales. The obstruction of multilateral trade liberalization process within the World Trade Organization (WTO) leads the US to turn towards mega regional liberalization initiatives. These agreements will escalate competition on sphere of influence between partner states and non-partner states in global scale. 

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Citation Formats
P. Kahya, “Framing mega regional trade agreements within global capitalism: an analysis of the TPP, TTIP and TISA proposals/,” M.S. - Master of Science, Middle East Technical University, 2016.