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The sheer size of the EU and US economies combined suggests substantial economic benefits from eliminating tariffs, reducing the costs of regulatory divergence, and deepening cooperation. Estimating these gains is difficult: uncertainty concerning modelling choices, data, and scenarios looms...
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The European Union and the United States are on the verge of agreeing to a transatlantic free trade agreement. The proposed Transatlantic Trade and Investment Partnership is aimed at boosting EU and US economic growth, but the negotiating partners have not excluded the defence sector from...
Persistent link: https://www.econbiz.de/10013075131
This short paper analyses the legal arguments forwarded by the European Commission to justify the inclusion of investor-state dispute settlement (ISDS) in the current negotiations with the U.S. on the Transatlantic Trade and Investment Partnership (TTIP), notably U.S. cases that would show...
Persistent link: https://www.econbiz.de/10013056982
Regulatory standards protect consumers from defective products, but they impede trade when they differ across countries. The Transatlantic Trade and Investment Partnership (TTIP) seeks to reduce distortions in the automobile and other industries. This paper evaluates the equivalence of...
Persistent link: https://www.econbiz.de/10013015060
The Transatlantic Trade and Investment Partnership (TTIP), the new trade agreement between the EU and the US, has a great ambition: not only if measured by the size of the emergent market, but also the potential spill over of its regulatory standards to the global level. The cooperation between...
Persistent link: https://www.econbiz.de/10014151192
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The EU bilateral trade strategy since 2006, including the TTIP, has been justified by the European Commission on the bases that deep and comprehensive trade agreements are compatible with efficient multilateralism. The Commission argument is the following: in a context marked by international...
Persistent link: https://www.econbiz.de/10013024121