Mega-Regional Trade Agreements Dr. Joshua P. Meltzer Brookings
Institution
Slide 2
Economic Growth Occurring Outside the U.S. Source: World
Economic Outlook, International Monetary Fund, 2013.
Slide 3
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
Slide 4
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
Slide 5
Global middle class consumption in 2000 $17 trillion
Slide 6
Global middle class consumption in 2020 $35 trillion
Slide 7
37% U.S. Exports Share of GDP Growth 2013 Source: Export Nation
2013, Brookings. 61%
Slide 8
Job creation through exports $1 billion in exports supports
5,600 Jobs
Slide 9
$1 billion in exports supports 5,400 goods jobs 5,900 services
jobs
Slide 10
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
Slide 11
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
Slide 12
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
Slide 13
World Trade Organization (WTO) Share of World Trade 95% Source:
WTO Share of Global GDP 97%