TTIP: a Unique Opportunity or a Leap in the Dark? (notice n° 577180)
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005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121134711.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Régibeau, Pierre |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | TTIP: a Unique Opportunity or a Leap in the Dark? |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2016.<br/> |
500 ## - GENERAL NOTE | |
General note | 100 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | The Transatlantic Trade and Investment Partnership (TTIP) would eliminate most of the remaining tariff barriers between the EU and the USA, would offer increased protection to EU or US companies investing in the other territory, and would seek to harmonize regulations which are thought to create barriers to trade. While previous trade liberalizations have had appreciable benefits, the remaining tariff barriers are so small that their elimination would only minimally increase the welfare of the two partners. Gains from investment protection and regulatory coordination are highly uncertain and are unlikely to be substantial. These two “non-tariff” aspects of the agreement also create non-negligible risks. The first is that multinational companies might be able to (ab)use the yet-undefined dispute settlement mechanism to hinder legitimate changes to national economic and social policies. There is also a concern that the “rationalization” of regulations might not stop with the elimination of “accidental” divergences between the US and the EU, but might instead create a channel through which business interests could seek to modify rules going against their own interests. The very fact that the multinational business community is so enthusiastic about a deal which, on the face of it, would not produce significant benefits for consumers or business, suggests that the proposed agreement should not be adopted until the dispute settlement mechanism and the precise scope for “harmonizing” regulations have been clarified. JEL Classification: D78, F1, F23, F6, L4, L5 |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | Multinationals |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | investment |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | trade liberalization |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | trade agreement |
786 0# - DATA SOURCE ENTRY | |
Note | Reflets et perspectives de la vie économique | Volume LV | 3 | 2016-11-17 | p. 7-31 | 0034-2971 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2016-3-page-7?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2016-3-page-7?lang=en&redirect-ssocas=7080</a> |
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