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Rule-Makers or Rule-Takers? - Exploring the Transatlantic Trade and Investment Partnership (Paperback)
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Rule-Makers or Rule-Takers? - Exploring the Transatlantic Trade and Investment Partnership (Paperback)
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The Transatlantic Trade and Investment Partnership (TTIP) is an
effort by the United States and the European Union to reposition
themselves for a world of diffuse economic power and intensified
global competition. It is a next-generation economic negotiation
that breaks the mould of traditional trade agreements. At the heart
of the ongoing talks is the question whether and in which areas the
two major democratic actors in the global economy can address
costly frictions generated by their deep commercial integration by
aligning rules and other instruments. The aim is to reduce
duplication in various ways in areas where levels of regulatory
protection are equivalent as well as to foster wide-ranging
regulatory cooperation and set a benchmark for high-quality global
norms. In this volume, European and American experts explain the
economic context of TTIP and its geopolitical implications, and
then explore the challenges and consequences of US-EU negotiations
across numerous sensitive areas, ranging from food safety and
public procurement to economic and regulatory assessments of
technical barriers to trade, automotive, chemicals, energy,
services, investor-state dispute settlement mechanisms and
regulatory cooperation. Their insights cut through the confusion
and tremendous public controversies now swirling around TTIP, and
help decision-makers understand how the United States and the
European Union can remain rule-makers rather than rule-takers in a
globalising world in which their relative influence is waning.
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