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Why TTIP: Growth, Jobs and Leadership Presentation at CEPI Paper Week Conference, November, 2013 Fredrik Erixon, Director, European Centre for International Political Economy (ECIPE) www.ecipe.org Rue Belliard 4-6, 1040 Brussels, Belgium. info@ecipe.org, www.ecipe.org
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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
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Rue Belliard 4-6, 1040 Brussels, Belgium. info@ecipe.org, www.ecipe.org Economics case: size matters!
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Rue Belliard 4-6, 1040 Brussels, Belgium. info@ecipe.org, www.ecipe.org Effects on trade and GDP
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Rue Belliard 4-6, 1040 Brussels, Belgium. info@ecipe.org, www.ecipe.org 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”
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Rue Belliard 4-6, 1040 Brussels, Belgium. info@ecipe.org, www.ecipe.org Can TTIP deliver on its promise? Potential deal breakers: –Data protection –Precautionary principle –Agriculture Technical and political challenges in regulatory convergence ”21st Century issues”
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