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TTIP: Political and Economic Rationale and Implications

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Intereconomics

Abstract

The Transatlantic Trade and Investment Partnership will reduce tariffs and lower regulatory hurdles that currently impair trade between the EU and the US. However, TTIP has been controversial from the outset. Non-governmental organisations are concerned about lowered health and environmental standards, unions fear a further weakening of labour conditions, and economists debate whether or not there will actually be any noticeable impact on employment and GDP growth. This Forum, featuring contributions by the speakers at the 2015 Intereconomics conference, presents a balanced overview of both the prospective benefits as well as the possible drawbacks to the potentially monumental trade agreement.

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Correspondence to Jacques Pelkmans.

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Jacques Pelkmans, Centre for European Policy Studies, Brussels, Belgium; and College of Europe, Bruges, Belgium.

Thea M. Lee, American Federation of Labor and Congress of Industrial Organizations, Washington DC, USA.

Federica Mustilli, Centre for European Policy Studies, Brussels, Belgium.

Lucian Cernat, European Commission, Brussels, Belgium.

Ana Norman-López, European Commission, Brussels, Belgium.

Alessandra Tucci, European Commission, Brussels, Belgium.

Monique Goyens, European Consumer Organisation (BEUC), Brussels, Belgium; and TTIP Advisory Group, European Commission, Brussels, Belgium.

Léa Auffrets, European Consumer Organisation (BEUC), Brussels, Belgium.

Galina Kolev, Cologne Institute for Economic Research, Germany.

Jürgen Matthes, Cologne Institute for Economic Research, Germany.

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Pelkmans, J., Lee, T.M., Mustilli, F. et al. TTIP: Political and Economic Rationale and Implications. Intereconomics 50, 312–343 (2015). https://doi.org/10.1007/s10272-015-0557-8

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  • DOI: https://doi.org/10.1007/s10272-015-0557-8

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