mega-regional trade agreements dr. joshua p. meltzer brookings institution
TRANSCRIPT
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- Mega-Regional Trade Agreements Dr. Joshua P. Meltzer Brookings Institution
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- Economic Growth Occurring Outside the U.S. Source: World Economic Outlook, International Monetary Fund, 2013.
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- 18% North America 18% North America 36% Europe 36% Europe 28% Asia Pacific 28% Asia Pacific Source: Kharas and Gertz, The New Global Middle Class, 2010 Global Middle Class - 2009 Share of Global Totals
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- 7% North America 7% North America 14% Europe 14% Europe 66% Asia Pacific 66% Asia Pacific Source: Kharas and Gertz, The New Global Middle Class, 2010 Global Middle Class - 2030 Share of Global Totals
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- Global middle class consumption in 2000 $17 trillion
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- Global middle class consumption in 2020 $35 trillion
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- 37% U.S. Exports Share of GDP Growth 2013 Source: Export Nation 2013, Brookings. 61%
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- Job creation through exports $1 billion in exports supports 5,600 Jobs
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- $1 billion in exports supports 5,400 goods jobs 5,900 services jobs
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- Trans Pacific Partnership (TPP) Share of Global GDP 39% Share of World Trade 27% Note: Data for year 2012. Trade in goods. Source: IMF World Economic Outlook and Direction of Trade Statistics
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- Transatlantic Trade and Investment Partnership (TTIP) Share of Global GDP 46% Share of World Trade 42% Note: Data for year 2012. Trade in goods. Source: IMF World Economic Outlook and Direction of Trade Statistics
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- Trade in International Services Agreement (TISA) Share of Global GDP 68% Share of World Trade 63% Note: Data for year 2012. Trade in goods. Source: IMF World Economic Outlook and Direction of Trade Statistics
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- World Trade Organization (WTO) Share of World Trade 95% Source: WTO Share of Global GDP 97%