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Stefan Selig

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  1. Milken Institute1h 5m

    Is the Pacific Future Happening Now?

    Kevin, David Dreyer, Asha Kumar Mipuri, Dominic Ng, Stefan Selig

    A panel of global economists and policymakers outlined the Trans-Pacific Partnership as a strategic mechanism to secure a future where 12 nations control 40% of global GDP and serve as a hub for 3.2 billion projected middle-class consumers by 2030. While discussions addressed significant hurdles such as Japan's agricultural protectionism, U.S. Congressional approval of Trade Promotion Authority, and geopolitical tensions regarding China's exclusion or eventual inclusion, proponents argue the agreement is essential to establish high trade standards and ensure regional stability. Ultimately, the event emphasized that successfully concluding the TPP is a critical prerequisite for fostering deeper economic integration across the Pacific Rim and setting a precedent for global trade governance.