The welfare effects of free trade agreements in quantitative trade models: A comparison of studies about Transatlantic Trade and Investment Partnership

World Economy ◽  
2018 ◽  
Vol 42 (1) ◽  
pp. 87-121 ◽  
Author(s):  
Eddy Bekkers ◽  
Hugo Rojas‐Romagosa
2017 ◽  
Vol 19 (4) ◽  
pp. 573-592 ◽  
Author(s):  
Melissa K. Griffith ◽  
Richard H. Steinberg ◽  
John Zysman

AbstractIn this paper, we place the Trans-Atlantic Trade and Investment Partnership (TTIP) into broader geo-political and economic context given the current Trump Administration's withdrawal from the Trans Pacific Partnership (TPP) and the loss of momentum for TTIP. Both TPP and TTIP sought to provide key tactical solutions to the particular trade/investment problems participating states faced. For the U.S. government, these free trade agreements also represented a geo-political undertaking, an attempt to once again set trade rules in light of deadlock in the WTO. Ultimately, the inability of the Obama Administration to successfully complete negotiations for and ratification of these two deals does not alter the underlying motivations that led to them in the first place. The stagnation of these deals, however, has intensified geo-economic and geo-strategic concerns: opening the door to rival articulations of trade governance and undermining U.S. credibility with its partners.


Subject Outlook for Washington's Prosper Africa initiative. Significance Six months on from the unveiling of its new Africa policy, the Trump administration’s signature new initiative -- Prosper Africa -- has finally been revealed. Prosper Africa intensifies Washington’s prioritisation of trade over aid and will attempt to double two-way trade and investment by 2025. Impacts Limited engagement by senior administration officials may hinder implementation and legitimisation. Washington will focus on new bilateral free trade agreements, though the wider African Growth and Opportunity Act should remain in place. Washington’s political engagement with Africa will remain relatively limited.


2005 ◽  
Vol 5 (4) ◽  
pp. 1850067
Author(s):  
Catherine A Novelli

Commentary on Alberto Trejos's article "Bilateral and Regional Free Trade Agreements, and their Relationship with the WTO and the Doha Development Agenda." Catherine A. Novelli is a partner in the Washington office of Mayer, Brown, Rowe & Maw LLP. Formerly Assistant U.S. Trade Representative for Europe & the Mediterranean, Novelli coordinated U.S. trade and investment policy for more than 65 countries of Western Europe, Central Europe, Russia, the NIS, the Middle East, and Northern Africa. Previously, Novelli was the Deputy Assistant U.S. Trade Representative for Central and Eastern Europe and Eurasia where she played a key role in the formation of U.S. trade policy for Russia and Central Europe. She joined USTR in 1991 after serving in the Office of General Counsel at the Department of Commerce.


2015 ◽  
Vol 5 (1) ◽  
pp. 05-18
Author(s):  
Leif Johan Eliasson

AbstractThe Transatlantic Trade and Investment Partnership represents a strategic vision of transatlantic relations, including job creation, global leadership, and establishing high international standards. This paper discusses how three recent bi-lateral and regional agreements, along with positions adopted in transatlantic negotiations, convey respective side's acceptable parameters, and how international standards are emerging from and disseminated through agreements involving the European Union and the United States


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