TTIPP

Geopolitical Dimension

Imbalance of Mutual Benefits

Institutional Choice

Non-tariff barriers: race to the bottom

Transatlantic Identity after Cold War

EU Commission Mandate

Exclusion of "audiovisual products"

Internal Bargaining: What interests prevail?

US --> EU $300 billion

TPP to counterbalance

EU --> US $125 billion

TTIP: What is at stake?

(Descriptive)

Structure

Liberal Intergovernmentalism

(Analytic)

TTIPP through liberal intergovernmentalism lenses

(Explanatory Power)

TTIPP: A Liberal Intergovernmental Archetype?

"Transatlantic trade and investment are the backbone of the world economy"

Liberal Intergovernmentalism

48%

Basic assumptions:

• States are the critical actors in an anarchic environment
• States act rational
• Collective outcomes are result of internal bargaining --> Definition of preferences (1) --> Bargaining to substantive agreements (2) --> Create institutions to secure outcomes

Moravscik: Integration process mainly reflects economic preferences

Geopolitical and ideological arguments are mainly irrelevant

30%

How should outcomes be distributed?

Cooperation for mutual beneficial outcomes

$2.7 billion/€2.0 billion

$3.7 trillion/€2.8 trillion