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TPP Skepticism


The hopeless Japanese Prime Minister, Noda, signed up for the Trans-Pacific Partnership agreement without critical thinking of the cost-benefit analysis for his own country on Nov 11, 2011. TPP is often heard in Japanese news websites and personal journals in these days. The Japanese mainstream media calls it as a messiah of the global economic recession; compared to the mainstream media, many personal journal bloggers and some economists strongly suspect it. I’m also skeptical with TPP as the global trade partnership.

Now, several foreign websites such as TPP watch, introduce the possible risks of the TPP agreement. As many economists points out as a critic of TPP, the information of the TPP is deeply closed to the public even if many countries already participated in the tie. No country can still explain the details of the TPP, especially the analytical conclusion for the global economy in the TPP tie. I highly doubt why the countries in TPP could participate the tie without thinking about it. The clearest thing I could learn from the issue, the Japanese Prime Minister, Noda in Japanese Democrat, is merely useless from the beginning.

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