This month's featured article
Japan's Zero-sum Thinking and Cringing Mentality as Seen in the Fuss over the TPP
YAMASHITA KazuhitoSenior Fellow, RIETI
While expectations are running high on a growth strategy, which is now being developed under the new government of Prime Minister Shinzo Abe, one thing clear is that there will be no growth without joining the Trans-Pacific Partnership (TPP). In the past two years, however, various arguments against Japan's participation in the TPP have been put forth.
Opponents say: "There is no telling whether or not Japan should join the TPP negotiations because sufficient information is not available."
However, countries are still in the midst of negotiations, and no one can tell how the TPP will turn out eventually. If we participate now, we can make efforts to change the course of negotiations so as to avoid unfavorable results for Japan. Although we cannot predict the stock prices printed in newspapers a year from now, we might be able to change the content of a front page article on the conclusion of the TPP by joining the negotiations.
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