Author (Person) | Kupchan, Charles A. |
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Publisher | German Marshall Fund of the United States |
Series Title | Policy Brief |
Series Details | June 2014 |
Publication Date | June 2014 |
Content Type | Report |
This brief argues that a transatlantic free trade pact would have significant geopolitical implications. In particular, Transatlantic Trade and Investment Partnership (TTIP), by creating jobs and stimulating growth, would help revitalize the Western democracies and advance the prospects for the West’s reclamation of political and strategic purpose. TTIP could, however, potentially have significant geopolitical downsides. The more ambitious and exclusive the 'club' constituted by the Atlantic democracies, the higher the barriers to entry, and the less likely it is that emerging powers will want or be able to play by Western rules. The pact’s overall economic and geopolitical effects are definitively positive. Nonetheless, it is important for the Atlantic democracies to proceed with eyes wide open. |
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Source Link | Link to Main Source http://www.gmfus.org/publications/geopolitical-implications-transatlantic-trade-and-investment-partnership |
Subject Categories | Politics and International Relations, Trade |
Countries / Regions | Europe, North America |