Why TTIP: Growth, Jobs and Leadership Presentation at CEPI Paper Week Conference, November, 2013 Fredrik Erixon, Director, European Centre for International.

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Presentation transcript:

Why TTIP: Growth, Jobs and Leadership Presentation at CEPI Paper Week Conference, November, 2013 Fredrik Erixon, Director, European Centre for International Political Economy (ECIPE) Rue Belliard 4-6, 1040 Brussels, Belgium.

TTIP - background Transatlantic free trade: the ”olive branch” of transatlanticism Transatlantic Economic Council in 2007: not an inspirational example The failure of the Doha Round The TTIP ”Promise”: tall ambitions, short time

Rue Belliard 4-6, 1040 Brussels, Belgium. Economics case: size matters!

Rue Belliard 4-6, 1040 Brussels, Belgium. Effects on trade and GDP

Rue Belliard 4-6, 1040 Brussels, Belgium. The ”leadership” agenda TTIP not a defensive strategy to fend off emerging market competition –EU trade agenda Pro-active global strategy –Addressing the structural problems of multilateralism: ”Large emerging markets consequential for global trade but behave as poor developing countries”

Rue Belliard 4-6, 1040 Brussels, Belgium. Can TTIP deliver on its promise? Potential deal breakers: –Data protection –Precautionary principle –Agriculture Technical and political challenges in regulatory convergence ”21st Century issues”