Anticipatory Industry Policies to Facilitate the Implementation of the Trans-Pacific Partnership - Case Study Example

ANTICIPATORY INDUSTRY POLICIES THAT FACILITATE IMPLEMENTATION OF TRANS-PACIFIC PARTNERSHIP AGREEMENT Name Date Anticipatory policy is based on forecasting at the future incidents and conditions that are meant to happen. Anticipatory policy provide a concise picture that looking far into the future and instituting preventive actions will help to improve administrative efficiency, eliminate political embarrassment and shame and also help reduce costs. (O'riordan, 1989, p. p115). It is now generally recognized and agreed that a lot of money and damage to the environment can be minimized in the event that decisions and policies are all aimed to forestall negative environmental effects just prior to the implementation of such policies. The policy is majorly based on the much need to act on the warnings of future opportunities and threats through implementing positive political action. The anticipatory policies are aimed at become proactive to both the environmental and political influences that would otherwise become destructive if not monitored before their implementation. This paper thus sets out to discuss different industry policies that would be changed so as to facilitate the implementation of the trans-pacific partnership agreement. In order to facilitate the implementation of trans-pacific partnership, most anticipatory industry policies must be flexible enough so as to accommodate the changes that keep on arising and also to meet the differing demands of different trade partners. Some of the policies include; policies that effectively and actively promote human health and the total well-being of the human capital. This policy would also encompass protecting the living resource base, adopting a settlement pattern that aims at conserving the environment, and also modes of transport and systems of trade and consumption that are all aimed at the protection of the natural resources and the environment(International Union for Conservation of Nature, 1996, p. 40). The natural resource forms the basis on which most of the production take place. Huma capital is the force that converts the raw materials into finished and tradable products for export purposes to partner countries. As opposed to looking at the human capital as cost centers, the partner countries should invest at improving the quality of the human capital. The quality refers to both the level of trainings and education as well as the social, mental, physical and economic well-being of a person or labor as a factor of production. This will enhance the long-term profitability that will occur to the trade partners as opposed to having a narrow focus on the human capital. The policies that are aimed at making use of residual wastes economically not just policies that aim at recycling, reducing and reducing the waste product disposal to the environment. The policies that go beyond the mere waste management practices should be anticipated. Also policies such as those aimed at creating alternative markets to the waste products or converting them to more useful and important end products. This is as opposed to the traditional methods of releasing the wastes to the environment. In this way the people become more proactive and environmentally aware (Blakeney, 2014, p.13). These policies ensures that the environment remain more sustainable and more profitable in the long term as opposed to a short term profitability that would arise to an individual country. Instituting policies aimed at reducing the introduction of wastes into the environment help in the waste management both at the present time and those that are forecasted to happen in the future(International Union for Conservation of Nature, 1996). Creating new more markets for the anticipated wastes to the environment will mean less pollution to the environment in the future time. Ensuring that there are proper channels for the management of the waste products will ensure that in all the participating partners, a clear and concise channel is identified that will inform the manner in which all the effluents are properly managed for the long term profitability and sustainability of the environment, both to man and other creatures that wholly depend on the natural environments to survive (Elms & Lim, 2012, p.20). The policy regarding intellectual property rights is deemed important so as to help the trans-pacific trade partners to easily formulate the policies that are aimed at the long term beneficial advantage and to help realize the ease of implementing partnership agreement. Every country is supposed to institute the policies that will protect their products in the international platform of the trans-pacific trade(Deborah & Lim, 2012, p. 17). The intellectual property rights at this arena is all aimed at the protecting the goods from the member countries so as to avoid duplication and piracy of different products and services. Most of the common forms of intellectual property rights include patents, copyrights and industrial design rights. Also it covers the aspects of trade dress, trademarks and also in some jurisdictions it entails the trade secrets. In the trans-pacific trade agreement, each country is supposed to institute the intellectual property rights that will be used to protect the business members and all its citizens at the international platforms of trade. This is an anticipatory policy that is geared at protecting the innovators from the predicted and forecasted exploitation (Blakeney, 2013, p.32). This policy is aimed at ensuring that the business owners and innovators in the 21st century benefit from their innovations in terms of service and products that they produce to the international arena. Government procurement procedures are also to be focused on in order to help in the implementation of the trans-pacific agreement. The governments of the partner states should come to a common agreement on which procedures to follow while procuring different commodities and goods within the member states. The United States emerged as one of the strongest partner in helping to ease the accessibility of the markets in the partner members (Li, 2014, p.15). Governments have to agree on different procurement procedures regarding different products and services. The products that are already agreed upon include sugar and public health facilities that the countries agreed to procure from different member countries so as to increase accessibility of different services and goods to the member states covered within the trade agreements that are signed. The governments are involved in the plurilateral negotiations that are aimed at producing the utmost environment that facilitate the functionality and operationalism among the states in a free and democratic manner that ensures profitability to all the members regardless of the size of their economies(Singh, 2014, p. 4). Small and Medium Enterprises, SMEs are also to be focused by the anticipatory policies so as to facilitate the implementation of the trans-pacific agreements. Despite the size of economy of a particular country, the SMEs play a critical role in proving employment and acting as outlets to the major businesses. The SMEs are to be allowed more space and freedom to operate freely within the partner states so as to realize major growth and developments in the member states (Epps, 2013, p.63). The restrictive rules are to be opened and the SMEs allowed to access different markets among the member states. This increases competitiveness among the companies in different countries and thus improving the quality of goods and services that are offered in the general market. As a result of the international trade and competition in the global markets, the small and emerging economies are poised to be intense and achieve more effectiveness in terms of competition, this will make the SMEs the change agents and resource centers in terms of knowledge to other firms in other industries. The SMEs act as change agents in the event they are allowed more freedom of operation because they can assist in the transfer of technological knowledge from a more superior point of production to those that are less advanced technologically (Bergsten, 2015, p.25). The opening of borders for the SMEs to operate has helped to increase the tradability of different services and increasing the value. It also grows value and increase the interdependence among the partner and member countries to facilitate the trading beyond borders. The standards regarding the SMEs was to reduce the barrier available in the accessibility of markets of those countries that are deemed as superior in terms of their economic size and relevance to the trading partnership. Regulations regarding different products and services should be agreed upon so as to help come to a consensus on how to carry out businesses. The trans-pacific member states have regulations on the quality of goods to be traded upon in the agreement packet. The regulations should be accessible and favorable to majority of the member states so as to increase the capability of each of the member states to export and import different goods and services. In order to strengthen the countries’ shares in the global trade, most of the procedures need to be simplified and to strengthen the infrastructure of trade (Saunders, 2003, p. 58). This will help to realize a reduction in the cost of trade and will also help to reduce transaction costs and time. Most of the bureaucratic procedures and policies in different countries should all be minimized so as to realize ease of trading with other partner states. The bureaucratic policies tend to limit free transfer of goods from one nation to the other. The ease of the regulation will ensure that a free trade area is created, reduce or remove unnecessary regulatory barriers and also protect investment of the member countries in the global arena (Crosbie& Glantz, 2012, p.31). The removal of these barriers will ease the trade among member states while it will create a difficulty in entry by different non-member states to the trade zone. The ease of trade by the member countries provide easier ways to protect the countries with young economies while also working against their exploitation by the countries with major economies such as the USA and Australia. There are other structural issues that determine how a country relate with another country in terms of the business that is already going on between them(Deborah & Lim, 2012, p. 11). For example, there is currently sugar included in some bilaterals of some countries while it is ignored in some, while it is specifically excluded in some for example in the US-Australia agreement(Deborah & Lim, 2012, p. 12). The US finds it difficult to create a unified agreement and commitment on sugar that will match treatment of all other existing agreements minus replacing the agreements that have been in existent with a set of new ones. The anticipatory policies are not geared at replacing curative or reactive policies but they are meant to reinforce and complement them. The adoption of the anticipatory policies may in itself encounter difficulties because they require an action to be taken before a damage to a particular issue id done so as to create a demand for the policy so as to correct the damage. For example, environmental policies that are aimed at the protection of the environment should be implemented before environmental degradation occurs. Anticipatory policies help societies and nations to avoid the costly and always recurring costs of environmental mistakes. These are mistakes that can limit development objectives, waste resources and impair capacity for development. Anticipatory policies are all aimed at avoiding mistakes that will result in avoiding external social, economic and health costs and also result to profitability of the ventures and enterprises concerned. In all the circumstances, the anticipatory policies creates a level ground for all the trade partners and ensures that costly mistakes and ventures are not involved. The policies are all aimed at creating favorable conditions of trade, ensuring long-term environmental sustainability and making people aware of all the options available to them in the long term that will ease the ways of trade. All these policies will enhance the chances of Australia achieving major milestone in business and environmental management in collaboration with other trade partners. Works Cited Bergsten, C. F. (2015). India’s Rise: Toward Trade-Led Growth. Peterson Institute for International Economics. Blakeney, M. (2013). Covert International Intellectual Property Legislation: The Ignoble Origins of the Anti-counterfeiting Trade Agreement (ACTA). Mich. St. U. Coll. L. Int'l L. Rev., 21, 87. Blakeney, M. L. (2014). The Pacific Solution: Australia and Negotiation of the Trans-Pacific Partnership Agreement (TPPA). University of Western Australia Law Review, 37(2), 123. Crosbie, E., & Glantz, S. A. (2012). Tobacco industry argues domestic trademark laws and international treaties preclude cigarette health warning labels, despite consistent legal advice that the argument is invalid. Tobacco control, tobaccocontrol-2012. Deborah, E. & Lim, C. L., 2012. The Trans-Pacific Partnership agreement (TPP) negotiations : overview and prospects. 21 February, 11(12), pp. 1-25. Elms, D., & Lim, C. L. (2012). The Trans-Pacific Partnership Agreement (TPP) Negotiations: Overview and Prospects. Epps, T. (2013). 8 Regulatory cooperation and Free Trade Agreements. Trade Agreements at the Crossroads, 141. Frankel, S., & Richardson, M. (2011). Trans-Tasman intellectual property coordination. Learning from the past, adapting for the future: regulatory reform in New Zealand, 2nd edn. Lexis Nexis, Wellington, 527-553. International Union for Conservation of Nature, 1996. Policy Making and the Integration of Conservation and Development. 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