What is it about?
In this research work, Author focus on the analysis the problem of reduction regulatory protectionism in transatlantic cooperation between European Union and USA. It has been emphasized that the talks between EU and USA will make reducing regulatory barriers. New agreements to remove trade barriers aim at reducing dead-weight costs and at increasing net social gains from international trade. The article examined the impact of free trade agreements like TTIP and, in particular, investor state dispute resolution mechanisms in reducing the power of national governments to regulate and elimination of market inequality. The main aim of the article is presentation of the challenges for TTIP negotiations.
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Why is it important?
The article offers examples of successful regulatory cooperation efforts in the hope that it will shed light on possible approaches to addressing regulatory divergences. The general theoretical approach will be of broad interest to economists interested in international questions especially transatlantic cooperation as well as to political scientists.
Perspectives
Ideally, the best way to address problems arising from regulatory divergence would be on a multilateral basis also with take into account the relations of the EU and USA with others countries. The particulary objective of the research task are the regulatory trade barriers in USA - EU foreign trade policy, the nature and the promoters of the reduction regulatory protectionism in transatlantic cooperation between European Union and USA, interrelationship between regulatory standards and international cooperation between European Union and USA.
Professor PhD DSc Zdzisław W. Puślecki
Uniwersytet im Adama Mickiewicza w Poznaniu
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This page is a summary of: International Journal of Emerging Technology and Advanced Engineering, International Journal of Emerging Technology and Advanced Engineering, IJETAE Publication House,
DOI: 10.46338/ijet.
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