More for NZ than US in TPP, says World Bank study, as MFAT confirms NZ signing ceremony

More for NZ than US in TPP, says World Bank study, as MFAT confirms NZ signing ceremony
Pattrick Smellie
By Pattrick Smellie Jan. 12 (BusinessDesk) - New Zealand stands to reap considerably greater benefits from the Trans-Pacific Partnership trade and investment agreement than the United States, says a new study of the controversial pact by economists at the World Bank. However, the biggest long term benefits are likely to be in emerging economies like Vietnam and Malaysia, where a combination of manufacturers shifting production to their more competitive economies and structural economic reforms are expected to deliver more than in countrie...