By Ferdi De Ville, Gabriel Siles-Brügge

The Transatlantic alternate and funding Partnership (TTIP) has stirred passions like no different exchange negotiation in contemporary historical past. Its supporters keep that TTIP will produce dazzling progress and task production; claims which are wholeheartedly rejected by means of its critics, who regard TTIP as an instantaneous attack on staff' rights, well-being and defense criteria and public services.

In this incisive research, Gabriel Siles-Brugge and Ferdi de Ville scrutinize the claims made by means of TTIP's cheerleaders and scaremongers to bare a much more nuanced photograph in the back of the headlines. TTIP won't supply an financial 'cure-all', nor will it break the eu welfare nation in a single fell swoop. because of extraordinary degrees of protest and debate round TTIP, although, neoliberal alternate negotiations are good and really again within the highlight. during this appreciate, TTIP may possibly good end up to be a 'game-changer' - simply now not within the manner imagined by means of its backers.

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Extra info for TTIP: The Truth about the Transatlantic Trade and Investment Partnership

Sample text

As the economic sociologist Jens Beckert (2013a, 2013b) puts it, modelling can be conceived of as an ‘exercise in managing fictional expectations’. The uncertainty inherent in modelling social outcomes, which are far more contingent than the calculations of economists, is shrouded from public view. In this vein, the models make unrealistic assumptions about the degree to which TTIP will be able to eliminate barriers to trade (especially given the, at best, mixed record of transatlantic cooperation so far), using biased data gleaned from surveys with business representatives.

A qualified majority in the Council normally requires a majority of Member States representing at least three-fifths of the EU’s population. While the Treaty of Lisbon stipulates qualified majority voting as the normal rule for trade agreements, Member States can still ask for unanimity voting if they claim that the cultural diversity within the EU or their ability to provide educational, health or social services is threatened. 1 Growth and Jobs Advocates of TTIP on both sides of the Atlantic are quick to paint the agreement as a massive contribution to ‘growth and jobs’.

The negotiations are divided into three pillars and a larger number of negotiating groups (see Council of the EU 2013). The first pillar of TTIP is ‘market access’, covering such things as tariff negotiations for goods, services and investment liberalisation, investment protection (including investor-to-state dispute settlement [ISDS]) and government procurement liberalisation. The second pillar refers to ‘regulatory cooperation’ and is about technical barriers to trade (TBT), sanitary and phytosanitary measures (SPS) or how the EU and the US could cooperate systematically to make present and future regulation3 more compatible.

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TTIP: The Truth about the Transatlantic Trade and Investment by Ferdi De Ville, Gabriel Siles-Brügge
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