The Impact of Trans Pacific Partnership (TPP) Agreement on US and Malaysian Business' Foreign Labour Practices
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Authors
Pillai, Kamala Vainy
Rasiah, R.
Williams, G.
Date
2016Type
Conference Paper
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Pillai, K.V. and Rasiah, R. and Williams, G. 2016. The Impact of Trans Pacific Partnership (TPP) Agreement on US and Malaysian Business' Foreign Labour Practices, 3rd Global Conference on Business and Social Science-2015, GCBSS-2015, pp. 589-597.
Source Title
Procedia - Social and Behavioral Sciences
Source Conference
3rd Global Conference on Business and Social Science-2015, GCBSS-2015
ISSN
School
CBS International
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Abstract
The Obama Administration achieved a symbolic milestone in October 2015 when the Trans Pacific Partnership (TPP) Agreement was signed among 12 nations. The total trade share between the United States (US) and TTP partners are estimated at US892.4 billion. An important implication of TPP is the explicit expectation on Malaysia to ameliorate its poignant foreign labour practices. The paper examines the extent of TPP-readiness among Malaysia and US companies in tackling foreign labour issues. Concomitantly, the feasibility of TPP's ambitious standards on labour rights or remains a political rhetoric?
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