Publication Type

Book Chapter

Version

acceptedVersion

Publication Date

5-2017

Abstract

The Trans-Pacific Partnership (TPP) is likely to have profound implications for small and medium-sized enterprises (SMEs) within and beyond the free trade area. The key question will be analysed: what are the challenges and opportunities that the TPP hold for SMEs? It is argued that, first, the key benefits the TPP can be expected to bring for SMEs are enhanced market liberalization and a more predictable regulatory environment. Second, the TPP poses serious challenges for SMEs (eg insufficiency of the opportunities to SMEs, the complexity of rules, difficulties in rule interpretation and implementation, and remaining regulatory differences), but different types of SMEs will face very different problems. Third, the TPP, if properly managed, should bring more opportunities than challenges to SMEs. Finally, opportunities and challenges to SMEs under the TPP may not always be the same as those under bilateral FTAs given the unique nature of this mega FTA.

Keywords

TPP, SMEs, opportunities, challenges, implications, regulatory environment, mega FTA

Discipline

Asian Studies | Entrepreneurial and Small Business Operations | International Trade Law

Publication

Small and Medium-Sized Enterprises in International Economic Law

Editor

Thilo Rensmann

First Page

189

Last Page

215

ISBN

9780191836961

Identifier

10.1093/acprof:oso/9780198795650.003.0008

Publisher

Oxford University Press

City or Country

Oxford

Copyright Owner and License

Authors

Additional URL

https://doi.org/10.1093/acprof:oso/9780198795650.003.0008

Download

Share

COinS