Kashulin D.A. Trans-Pacific Partnership: reasons of creation and possible political consequences

Abstract: The research object is Trans-Pacific Partnership, the research subject is the reasons and the aims of creating a new trade block. The aim of the study is to outline the possible political and economic consequences of the emergence of a new large regional association for the world economy and politics. The author studies the history of the Partnership’s creation, the set of its member-states and their interests, according to the promulgated text of the treaty and the analysis of the existing balance of power in the region. Special attention is paid to the USA as an initiator of the new block and its “Pacific shift” and the countries whose interests are affected but not taken into account – China and Russia. The research methodology is based on the historical, system, and comparative-political methods, political and economic analysis, the methods of induction, deduction, and observation. The author notes that the USA have launched the shift in the balance of power in the Asia-Pacific region aimed at the weakening of their main rival in the region, China, and at the preservation of a unipolar world and financial system based on the American currency. The creation of the Trans-Pacific Partnership may lead to the split of the region into the opposing blocks and to the escalation of tensions. 

Keywords: