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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 14. Trade in ICT Services Between the EU and the US in the Context of the TTIP

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The creation and development of the internet and its related technologies (Information and Communication Technologies – ICT) have brought about profound changes in the way business is conducted and have created a new sector of economy – the ICT sector. A great deal of research has confirmed the essential impact of the use of ICT on innovation, total factor productivity growth and economic growth as a result. A comprehensive review of the literature pointing out the economic effects of ICT in various areas and at different levels includes the works of Atkinson and McKay (2007) and Katz (2012). Considering the crucial importance of the ICT sector for the economy, individual countries take measures to develop and increase the use of new technologies. International cooperation in ICT and trade in products of this sector, particularly services, have also growth dynamically. According to the WTO (2015), the share of ICT services in total commercial services trade in 2014 was 9.3 percent, and turnover in computer and information services was the most rapidly growing among not only all sectors of services, but also all groups of goods, reaching an average annual growth rate of eighteen percent in the years 1995 to 2014. In these circumstances, the competitiveness of the economy is primarily determined by the level of its inclusion in the processes of creation, trade and usage of ICT. Further to the above, the level of development and innovativeness of ICT services, along with their availability, including their prices and the scope of...

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