Year of Graduation
Singapore and the Trans-Pacific Partnership: the Evolution of Approach
The Transpacific Partnership Agreement signed on 4February 2016 is likely to bring fundamental changes to the modernization strategies of the Asia-Pacific countries, as well as to the processes of the Asia-Pacific multilateral economic cooperation and the global economic development and regulation. However, the realization of the project requires the TTP participants to implement deep structural reforms. One of these states - the Republic of Singapore – expects to expand the external modernization instruments by means of its participation in TTP, but faces the depletion of internal resources to cope with this task. The study aims to identify the specificity of Singapore’s approach to TTP linking it with the peculiarities of its modernization strategy.