The combined CPTPP-EU may be 40 countries, but combine for less than 13% of the world population, nearly all from the Global North. What kind of alliance is this to pose as having say over world trade law?
Also, look across the countries in the CPTPP and the EU that have deep security, economic or leadership dependence on the US.
Meanwhile, countries like China and India, with 35% of the world’s population, aren’t even included.
China is building its own axis with China at its center, with ambition to rival and take over from the US as the world’s only super power. India is in the BRIC block very friendly with Russia, led by a right wing Hindu nationalist party. They got their own blocks.
I don’t have any issue with CPTPP-EU working on trade law for the CPTPP-EU as a bloc. It’s the framing of this group as fit to set world trade law I’m taking issue with.
when talking about world trade the size of ones population does not matter as much as i.e. the GDP because those are the relevant numbers when judging a economic topic.
Do you agree that laws governing finance should just be determined by those with the biggest investments? How about laws of war just being determined by those with the biggest armies? Or, market laws just determined by those with the highest revenues and valuations?
The two countries I mentioned that combine for 35% of the world’s population are also the world’s number 1 and number 3 largest economies. This group actually leaves out the top 4 and 6 of the top 10.
It has fundamental legitimacy problems when it comes to setting world trade law.
The combined CPTPP-EU may be 40 countries, but combine for less than 13% of the world population, nearly all from the Global North. What kind of alliance is this to pose as having say over world trade law?
Also, look across the countries in the CPTPP and the EU that have deep security, economic or leadership dependence on the US.
Meanwhile, countries like China and India, with 35% of the world’s population, aren’t even included.
China is building its own axis with China at its center, with ambition to rival and take over from the US as the world’s only super power. India is in the BRIC block very friendly with Russia, led by a right wing Hindu nationalist party. They got their own blocks.
I don’t have any issue with CPTPP-EU working on trade law for the CPTPP-EU as a bloc. It’s the framing of this group as fit to set world trade law I’m taking issue with.
when talking about world trade the size of ones population does not matter as much as i.e. the GDP because those are the relevant numbers when judging a economic topic.
Do you agree that laws governing finance should just be determined by those with the biggest investments? How about laws of war just being determined by those with the biggest armies? Or, market laws just determined by those with the highest revenues and valuations?
The two countries I mentioned that combine for 35% of the world’s population are also the world’s number 1 and number 3 largest economies. This group actually leaves out the top 4 and 6 of the top 10.
It has fundamental legitimacy problems when it comes to setting world trade law.
Everyone commenting on stuff like this seems to be philosophically disposed to some kind of monolith.
The whole point of a multilateral realignment means that a bunch of rules will be remade, some by this group and some by that group.