The Controversy over the Free-Trade Agreement TTIP

Philipp Richter () and Greta F. Schäffer

No 42, DIW Roundup: Politik im Fokus from DIW Berlin, German Institute for Economic Research

Abstract: A short name is causing a lasting debate: TTIP [tiːt|p]. Ever since the beginning of the negotiations in the summer of 2013, media coverage of the planned Transatlantic Trade and Investment Partnership between the EU and the US has contributed to a critical debate on the topic. In doing so, difficulties have arisen in differentiating factually substantiated arguments from one-sided statements. TTIP is a planned agreement on free trade and investment between the US and the EU, whose details are currently under negotiation. Advocates expect a stimulus on economic growth, new jobs and a strengthening of the transatlantic community of values. Critics point to the lack of transparency in negotiations; they fear an erosion of standards and consumer protection, and see a potential loss of national sovereignty.

Pages: 8 p.
Date: 2014
New Economics Papers: this item is included in nep-int
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