Deep Trade Agreements Reshape Global Economy, Empower Developing Nations
Deep trade agreements go beyond just trade by covering other areas like investment, labor, and protecting intellectual property and the environment. The main aim is to integrate countries deeply. The rules in these agreements affect how countries do business, invest, work, and develop. Unfortunately, current data on trade agreements doesn't capture these new aspects of integration well. To address this gap, experts have collected detailed information on what these agreements include in terms of goals, commitments, and procedures. The findings show that the rules and commitments in these agreements should be based on evidence and focused on development needs rather than power plays or local politics. This helps us understand better how international economic law and policy can shape our world.