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ASSESS_TTIP: Assessing the Claimed Benefits of the Transatlantic Trade and Investment Partnership (TTIP)

Werner Raza / Jan Grumiller / Lance Taylor / Bernhard Tröster / Rudi von Arnim

Wien, März 2014

What are the economic effects of TTIP? In the public debate, a few selected studies, mostly commissioned by the European Commission, have set the tone, suggesting that effects are positive on both sides of the Atlantic. The studies are from Ecorys (2009), CEPR (2013), CEPII (2013) and Bertelsmann/ifo (2013). In this review, we critically assess these findings and their underlying methodologies. In addition, we discuss some issues, which are frequently neglected by trade impact assessments, but are nevertheless important from our point of view. In a nutshell, we see limited economic gains, but considerable downside
risks.

This report was commissioned and financed by the Confederal Group of the European United Left/Nordic Green Left (GUE/NGL) political group in the European Parliament.

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