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The Controversy over the Free-Trade Agreement TTIP

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  • Philipp M. Richter
  • Greta F. Schäffer

Abstract

A short name is causing a lasting debate: TTIP [tiːt|p]. Ever since the beginning of the negotiations in the summer of 2013, media coverage of the planned Transatlantic Trade and Investment Partnership between the EU and the US has contributed to a critical debate on the topic. In doing so, difficulties have arisen in differentiating factually substantiated arguments from one-sided statements. TTIP is a planned agreement on free trade and investment between the US and the EU, whose details are currently under negotiation. Advocates expect a stimulus on economic growth, new jobs and a strengthening of the transatlantic community of values. Critics point to the lack of transparency in negotiations; they fear an erosion of standards and consumer protection, and see a potential loss of national sovereignty.

Suggested Citation

  • Philipp M. Richter & Greta F. Schäffer, 2014. "The Controversy over the Free-Trade Agreement TTIP," DIW Roundup: Politik im Fokus 42, DIW Berlin, German Institute for Economic Research.
    • Handle: RePEc:diw:diwrup:42en
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    References listed on IDEAS

    as
    1. Daniel Ikenson, 2014. "Fresh Ideas for a Successful Transatlantic Trade and Investment Partnership," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 0(04), January.
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    4. repec:ces:ifofor:v::y:2014:i::p: is not listed on IDEAS
    5. Lionel Fontagné & Julien Gourdon & Sébastien Jean, 2013. "Transatlantic Trade: Whither Partnership, Which Economic Consequences?," CEPII Policy Brief 2013-01, CEPII research center.
    6. Joseph Francois & Miriam Manchin & Hanna Norberg & Olga Pindyuk & Patrick Tomberger, 2013. "Reducing Transatlantic Barriers to Trade and Investment: An Economic Assessment," Economics working papers 2015-03, Department of Economics, Johannes Kepler University Linz, Austria.
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