How will TPP change Japan?

by 043Risa on December 19, 2015 - 8:56am

     What is TPP? The official name is Trans-Pacific Strategic Economic Partnership Agreement. Originally, Singapore, New Zealand, Brunei, and Chili made the Agreement which was called Pacific 4. However, Australia, Peru, Vietnam, and some other countries had taken part in the Agreement one by one, and after that it became TPP. The purpose is to unify the each country’s rules and systems. Next, I would like to tell you about them from now.

     There are lots of bad points for Japan. For example, it could cause deflationary by importing products which were made in foreign countries, The Japanese agricultural receives heavy damages by abolition of custom, the safety of food is threaten by loosening regulation of food additives, residual agricultural chemical and so on. In addition, the pressure of national health insurance and medical difference could spread by removing the ban of mixed billing.

     However, there are also some good points. First, we can buy many products involving food, clothing, and shelter cheaper, because custom duties are removed. Second, it becomes easy for Japan to export great industrial products which was made in Japan. Third, our lives becomes ricer because the International competition occur and many company try to make a new product. Fourth, Japan can check significant development China.

     Next, I would like to tell you my opinion. Frankly, I do not agree with TPP. It is my opinion as a Japanese. I think Japanese traditional and cool Japan will decline by joining TPP. There are many elder farmers in Japan so it will be more difficult to eat domestic vegetables. However, I do not want to eat genetically modified organism at all. I guess all of people cannot be happy. According to a questionnaire, almost Japanese people worry about Japanese economy might ruin.

     In conclusion, there are both advantage and disadvantage of TPP. I am worry about Japanese economy, too. I would like to check any news involving TPP as often as possible.

 

Reference:

http://blog.with2.net/vote/v/?m=va&id=78253

http://www.toha-search.com/keizai/tpp.htm

 

Comments

Hi Risa!
It's interesting to hear your thoughts on the TPP. I was wondering if one factor in weighing the TPP is US imperialism. One domestic concern about the TPP is that it would be the US forcing our economic values on the rest of the world- does this concern you?

Hello, gfastie! Thank you for your comment.
Actually, I have never thought about US imperialism.
I think it is one of factors, too. I don’t know about economic in detail, but it is fact that Japan is certainly at disadvantage. It is very difficult problem for Japan.
I hope Japan will be able to get along with US…

I did not know about TPP. I know that the official name is Trans-Pacific Strategic Economic Partnership Agreement. I found that it is difficult for Japan to absorb it. But it has both of advantage and disadvantage of TPP. For example, there are many elder farmers in Japan so it will be more difficult to eat domestic vegetables. It made us happy or bad. So I thought that we must think about TPP. I did not know about Japanese economy. So I would like to check any news involving TPP as often as possible, too.

About the author

my name is Risa Fukui. I live in Kobe/Japan
my birthday is on April 25.
My hobby is listening to music.(Supefly, Avril Lavigne, Taylor Swift...and so on)