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Symposium 2015

Virtual Library File - Potential impact of TTIP on developing and emerging countries

The Challenge

The world of international trade is changing in a way that has so far been unseen in scale and depth. With more and more regional and mega-regional free trade agreements under consideration, global ...

The world of international trade is changing in a way that has so far been unseen in scale and depth. With more and more regional and mega-regional free trade agreements under consideration, global markets are splitting up into fewer, larger, and more powerful trading blocs. The developed countries participating in these agreements expect large increases in trade volume and increases in income due to lower tariffs and the removal of non-tariff barriers. The effects of these agreements on emerging markets, however, are less clear.

This study by the Ifo Institute looks at the economic consequences of the Transatlantic Trade and Investment Partnership (TTIP) on developing and emerging countries. It includes expert interviews, theoretical, quantitative studies as well as specific case studies. It concludes with outlining ten concrete policy recommendations on how to create a TTIP that maximizes positive effects for developing and emerging countries.