Analysis and Political Consequences of the Free Trade Agreement on Transatlantic Trade and Investment Partnership
Research Paper by Giovanni Susta
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The discussion will focus on two main aspects from which to derive additional considerations:
1) Eurostat data on the current relationship between the U.S. and the EU in terms of trade in goods, services and foreign direct investment, are reported in order to contextualize the argument empirically in the contours that served as a basis for the analysis of the High-level working group on jobs and growth;
2) borrowing forecasts made for a framework of deep liberalization, are given the potential effects of the successful completion of negotiations on real per capita income, employment and increase of trade between U.S. and EU.
The purpose of this dissertation is to outline – also thanks to macroeconomic data – a plausible picture of the evolution of political and insitutional relations at a global scale, stressing the differences between U.S. and EU and most industrialized countries.