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An Economic Analysis of the Transatlantic Trade and Investment Partnership (TTIP)

  • The title for this thesis “An Economic Analysis of the Transatlantic Trade and Investment Partnership (TTIP)” has been selected due to its topicality and its explosiveness. The stimulus to write this paper originates in the wish to get a deeper insight into the topic, which has been treated majorly under exclusion of the public, and to be able to make a clear statement whether to support or to oppose the partnership. In order to answer this final question, it is also tested whether results from former agreements like NAFTA or Mercosur can serve as a guideline to what can be expected of TTIP. Additionally, the paper aims at making a final statement about the implications of the partnership for the future. To do this, the present paper covers two main subjects. First, it provides an overview of the history of free trade, the different forms of agreements, as well as an insight into the experiences made with NAFTA and Mercosur. This first part is concluded with an estimation of the results and motivations of and for free trade agreements, as well as a transition to the second main subject by naming the impacts of the findings for the planned TTIP treaty. Secondly, after providing a broad overview of TTIP by giving an insight into the definition and the process of formation of the partnership, the benefits and concerns of the deal are revealed. This part is followed by a broad study of ten indicators, which outline the real effects of TTIP on the economy, by distinguishing between three different scenarios. The thesis is concluded by presenting the findings from the former analysis. Although NAFTA and Mercosur do not provide applicable experiences, they still serve as points of orientation and suggest that free trade should be supported. Thus, the planned partnership should also be agreed upon in order to go with the pace of time and to stay competitive. If this is the case, TTIP will be a leading example in the future, motivating more nations to either join the partnership or to form ones by themselves.

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Author:Kerstin Echle
Advisor:Marc Peter Radke
Document Type:Bachelor Thesis
Year of Completion:2015
Year of first Publication:2015
Release Date:2015/11/26
Tag:Freihandelsabkommen; TTIP; USA Europa
Degree Program:IBW - Internationale Betriebswirtschaft
Functional area:Economics