TTIP - A Good Deal?

Werner Raza, Lance Taylor, Bernhard Troster and Rudiger von Arnim ()

No 2014-02, SCEPA policy note series. from Schwartz Center for Economic Policy Analysis (SCEPA), The New School

Abstract: Since mid-2013, the United States and the European Union have been negotiating a so-called free trade agreement, by now labeled “Transatlantic trade and investment partnership†or TTIP in short. The authors suggest that TTIP is a bad deal for three reasons. First, the projected economic gains amount to not more than a rounding error. Second, none of these studies account for social, environmental or economic adjustment costs. Third, available documents suggest that TTIP is intended to be a “living agreement,†which could permanently bias the legislative process in favor of multinational corporations.

Keywords: Trade; TPP; TTIP; Free Trade (search for similar items in EconPapers)
JEL-codes: D63 E21 H2 H30 (search for similar items in EconPapers)
Pages: 4 pages
Date: 2014-12
New Economics Papers: this item is included in nep-int, nep-mac and nep-pke
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Persistent link: https://EconPapers.repec.org/RePEc:epa:cepapn:2014_02

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