Premium Essay

Theoretical Frameworks Of The TTIP

Submitted By
Words 1590
Pages 7
Executive Summary

The TTIP has been termed the trade agreement of the 21st century; it is without a doubt one of the most important and first negotiation of its kind to have taken place between the European Union (EU) and the United States (US). It indeed would change the way business is conducted on both side of the Atlantic and would open many Economic opportunities to both parties.

The EU and the US have a multitude of trade agreements with other countries according to the World Trade Organization (WTO) the US has 14 bilateral agreements with several countries (NAFTA with the US, Canada and Mexico, CAFTA which is an agreement done with various states in the Caribbean). The EU has 35 bilateral agreements.

We find that the TTIP is not
…show more content…
1) Neo Liberal Institutionalism

The United States as well as the EU are major international actors. The organizations involved in the TTIP view it more or less as an arena for discussion where the objective is to influence each other. In this vision each party allows for the state representative to exchange representation but in the long term the aim is to create a certain sense of trust. The interaction is built on trust, preferences as well as interest.

2) Constructivism

Based on Audie Klotz book “Strategies for Research: In Constructivist International Relations”, I will also be using constructivist theoretical framework. Constructivism claims that history and sociology are contingent. The discussion of the TTIP, the socio-economic context framing it, will cover the decision making process in DC and within the EU states.
The 6 variables I will consider are:
I. Meaning (System)
II. Public Opinion
III. Political Regimes (Domestic)
IV. Bureaucratic Politics
V. Group Dynamics
VI. Leaders Personality
…show more content…
Because the norms are socially constructed, it is extremely difficult to change them. This particular point is very important when discussing food production and standards within the European Union.

3) Rational Choice theory

Rational choice theory will also be used as a tool in this research. A pattern of behavior in society refers the choices made by individuals as they try to maximize their benefits and minimize their cost.
Rational choice theory makes 3 assumptions:

1) Actors can perceive the need to make a choice and can identify the different options
2) Actors can rank options in a complete and transitive order of preference
3) Actors chose the best available options.

We must take into account that Rationality is bounded. The available information and human capacity are limited and therefore actors are unable to rank their goals and options. This causes actors to often make a satisfying rather than optimal decision.

Method of

Similar Documents

Premium Essay

Common Agricultural Policy and the Uk

...The economic impact of EU membership on the UK This note examines the various channels through which membership of the EU affects the UK economy. A general sense of the EU’s economic impact can be gained by reading Section 1 alone. Subsequent sections deal with particular issues, such as the EU’s effect on UK trade relations, in more detail, and compare the UK’s situation with alternative arrangements. Contents 1 Introduction and summary 2 2 Cost-benefit analyses of EU membership 5 3 The effect of the EU on UK trade relations 6 4 Impact of immigration from the EU 16 5 The impact of EU regulation 20 6 Fiscal consequences of EU membership – the EU budget 23 7 The EU’s effect on consumer prices 28 8 Foreign direct investment (FDI) 30 Appendix table: a comparison of the EU with alternative trading arrangements 32 Boxes Would independence over trade policy lead to better results? 15 The EU budget – winners and losers 27 Trade barriers and economic efficiency 29 Related Library briefings Leaving the EU, Research Paper RP13/42 In brief: UK-EU economic relations, Standard Note SN6091 Norway’s relationship with the EU, Standard Note SN6522 Switzerland’s relationship with the EU, Standard Note SN6090 The UK and Europe: time for a new relationship?, Standard Note SN6393 1 Introduction and summary 1.1 Understanding the economic impact of EU membership EU......

Words: 14699 - Pages: 59

Premium Essay

Kscnkslv

...Economic Outlook, Prospects, and Policy Challenges 01 CHAPTER This year’s Economic Survey comes at a time of unusual volatility in the international economic environment. Markets have begun to swing on fears that the global recovery may be faltering, while risks of extreme events are rising. Amidst this gloomy landscape, India stands out as a haven of stability and an outpost of opportunity. Its macro-economy is stable, founded on the government’s commitment to fiscal consolidation and low inflation. Its economic growth is amongst the highest in the world, helped by a reorientation of government spending toward needed public infrastructure. These achievements are remarkable not least because they have been accomplished in the face of global headwinds and a second successive season of poor rainfall. The task now is to sustain them in an even more difficult global environment. This will require careful economic management. As regards monetary and liquidity policy, the benign outlook for inflation, widening output gaps, the uncertainty about the growth outlook and the over-indebtedness of the corporate sector all imply that there is room for easing. Fiscal consolidation continues to be vital, and will need to maintain credibility and reduce debt, in an uncertain global environment, while sustaining growth. On the government’s “reformto-transform” agenda, a series of measures, each incremental but collectively meaningful have been enacted. There have......

Words: 64752 - Pages: 260

Premium Essay

Nanotechnology Applications for Clean Water Solutions for Improving

...NaNotechNology applicatioNs for cleaN Water Micro & NaNo TechNologies series editor: Jeremy ramsden Professor of Nanotechnology Microsystems and Nanotechnology Centre, Department of Materials Cranfield University, United Kingdom the aim of this book series is to disseminate the latest developments in small scale technologies with a particular emphasis on accessible and practical content. these books will appeal to engineers from industry, academia and government sectors. for more information about the book series and new book proposals please contact the publisher, Dr. Nigel hollingworth at nhollingworth@williamandrew.com. http://www.williamandrew.com/MNt NaNotechNology applicatioNs for cleaN Water edited by Nora savage Office of Research and Development, US Environmental Protection Agency and (in alphabetical order) Mamadou Diallo Materials and process simulation center, Division of chemistry and chemical engineering, california institute of technology Jeremiah Duncan Nanoscale Science and Engineering Center, University of Wisconsin-Madison anita street Office of Research and Development, US Environmental Protection Agency and Center of Advanced Materials for the Purification of Water with Systems, University of Illinois at Urbana-Champaign richard sustich N o r w i c h , N Y, U S A copyright © 2009 by William andrew inc. No part of this book may be reproduced or utilized in any form or by any means, electronic or mechanical, including......

Words: 90139 - Pages: 361