Summary of Going Deep

The Trade and Welfare Effects of TTIP

CESifo Group Munich ,

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Going Deep summary
The Transatlantic Trade and Investment Partnership concerns more than just Parmesan cheese and chlorine-soaked chicken.

Rating

7 Overall

8 Importance

8 Innovation

6 Style

Recommendation

While trade deals may seem the driest of subjects, the Transatlantic Trade and Investment Partnership (TTIP) has evoked some emotional responses on both sides of the Atlantic, as debates over the geographical identification of Parmesan cheese or the suitability of chlorine-soaked chicken attest. But this study from researchers Rahel Aichele, Gabriel Felbermayr and Inga Heiland of the Ifo Institute at the University of Munich assesses the EU-US trade talks in economic terms and proffers some theories about which countries might gain and which might lose. getAbstract recommends this scholarly report to those seeking more light than heat about the TTIP.

In this summary, you will learn

  • How the Transatlantic Trade and Investment Partnership (TTIP) could affect regional and global trade
  • What welfare impacts on growth the TTIP could have
  • How third-party countries might also benefit from the TTIP
 

Summary

In 2013, the European Union and the United States began negotiating a preferential trade agreement called the Transatlantic Trade and Investment Partnership (TTIP). Stagnation in the World Trade Organization’s multilateral efforts spurred work on the TTIP, which researchers expect will remove all trade...
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About the Authors

Rahel Aichele and Gabriel Felbermayr are economists at the Ifo Institute at the University of Munich, where Inga Heiland is a junior economist and doctoral student.


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