why ttip: growth, jobs and leadership presentation at cepi paper week conference, november, 2013...
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Rue Belliard 4-6, 1040 Brussels, Belgium. Economics case: size matters!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)
www.ecipe.org
Rue Belliard 4-6, 1040 Brussels, Belgium. [email protected], www.ecipe.org
Rue Belliard 4-6, 1040 Brussels, Belgium. [email protected], www.ecipe.org
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. [email protected], www.ecipe.org
Economics case: size matters!
Rue Belliard 4-6, 1040 Brussels, Belgium. [email protected], www.ecipe.org
Effects on trade and GDP
Rue Belliard 4-6, 1040 Brussels, Belgium. [email protected], 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”
Rue Belliard 4-6, 1040 Brussels, Belgium. [email protected], 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”