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The Impact of the Transatlantic Trade and Investment Partnership on International Cooperation

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Edited By Elżbieta Czarny, Andżelika Kuźnar and Jerzy Menkes

This book gathers Polish and foreign scholars to consider diverse aspects of Transatlantic Trade and Investment Partnership (TTIP). It examines key general areas such as the improvement of the position of the negotiating parties in the world economy, in politics and in international organisations. The contributors analyze possible acceleration of non-discriminatory liberalisation negotiations, creation of new international standards or reducing regulatory differences, such as «Investor-state dispute settlement» (ISDS), public health, geographical indications. The contributions focus also on specific issues, such as the impact of TTIP on Polish and EU economy, on merchandise and services trade, energy supply, research and development, Information and Communication Technologies (ICT), or on the third parties.

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Chapter 9. How Can the TTIP Affect the Polish Economy. A Study Based on Input-Output Tables

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The final shape of the TTIP agreement is not yet established and, what is more, the negotiators are not eager to disclose their positions and details of the ongoing discussion1. The results of the previous rounds are published with a substantial delay and thus, studies assessing the effects of the implementation of the TTIP result in a range of projections. The assumptions adopted in the models come from the more or less subjective expectations of the authors as to the results of the negotiations (i.e., Transatlantic… 2013). Under these circumstances, it is quite reasonable to present the results as variants (e.g., Hagemejer 2015), giving a picture of the likely range of the effects of the agreement. Another approach that allows for an estimation of the effects when the changes are not specified in detail is to use analogies to previously concluded agreements (mainly NAFTA) with the assumption that the scope of the negotiated agreement will be similar. This approach has been applied by Felbermayr (2013a and 2013b).

One of the primary objectives of the TTIP is to reduce the cost of trade between the EU and the US. This objective can be achieved by lowering tariffs as well as through a series of regulatory actions that result in the reduction or complete removal of existing non-tariff barriers.

The duty on some products, usually agricultural, may constitute a significant barrier to trade. A list of related product groups was compiled by Czarny and Śledziewska (2015)...

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