The TTIP and Its Potential Effects over the Labor Force in the European Union
The traditional relation between the European Union (EU) and the United States of America (USA) emerged in 2013 under the form of the Transatlantic Trade and Investment Partnership (TTIP) negotiations. After numerous rounds of talks, and taking into consideration the current political developments that characterize both of the powers involved, it appears that the process of reaching an agreement has unofficially stopped. Aiming towards a total liberalization of the transatlantic trade, the potential effects of the completely negotiated TTIP would affect the labor force on both sides of the Atlantic, both from the legal and administrative point of view. This situation could be developed in accordance to each of the 28 Member States current trade and investment situation with the USA, while for the other partner, the number of jobs created as a result of TTIP will reflect the individual trade situation of each of the 50 federal states with the European Union. If fully negotiated, ratified and implemented, TTIP is susceptible of creating over two million jobs on both sides of the Atlantic, the winners of the process comprising both the large and small economies that will encourage the export activities of the small and medium sized entreprizes. With an ongoing Brexit process, followed by the political instability from the EU territory, and adding the instability of the decisional process of the USA Administration, the negotiation of TTIP appears, at least for the following four years, as an impossible task to achieve.
 High Level Working Group. Final Report on High Level Working Group on Jobs and Growth. [Internet] 2013. DG Trade. Available from: http://trade.ec.europa.eu/doclib/docs/2013/february/tradoc_150519.pdf
 Akman S, Evenett S, Low P. Catalyst? TTIP’s impact on the Rest. London: CEPR Press; 2015.
 Fontagne L, Gourdon J, Jean S. Transatlantic Trade: Whiter Partnership, Which Economic Consequences?. CEPII Policy Brief. 2013 Sep;.1:10.
 International Institute for Labor Studies (IILS). Studies on Growth with Equity, Social Dimensions of Free Trade Agreements. 2015. International Labor Organization (ILO), Revised Edition 2015, p. 11.
 Flanagan R. Globalization and Labor Conditions: Working Conditions and Worker Rights in a Global Economy. Oxford: Oxford University Press; 2006. 8p.
 Bazillier R. Core Labour Standards and Development: Impact on Long-Term Income. World Development. 2008; 36 (1): 17-38. Available from: doi:10.1016/j.worlddev.2007.02.010
 Stern R. Labor Standards and Trade [Internet]. 2000 [cited 2017 Feb 17]. 1 p. Available from: http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.512.6680&rep=rep1&type=pdf
 European Union [Internet]. EU Textual Proposal for Trade and Sustainable Development. 2015 [cited 2016 Feb 17]. Available from: http://trade.ec.europa.eu/doclib/docs/2015/november/tradoc_153923.pdf
 European Commission – DG Trade [internet]. Statistics. 2017 [cited 2016 Feb 17].. Available from: http://exporthelp.europa.eu/thdapp/display.htm?page=st%2fst_Statistics .html&docType= main&languageId=en
 Arto I, Cantuche, JM, Amores A, Dietzenbacher SN, Markandya A. EU Exports to the World: Effects on Employment and Income. European Commission DG Trade; 2015. 171-285 p.
 International Trade Administration [Internet]. Employment and Trade. 2017 –cited 2017 Feb 17]. Available from: http://www.trade.gov/mas/ian/employment/index.asp
 Flebermayr G. IFO Institute. TTIP and Jobs. 2016 [cited March 2016]. European Parliament. Available from: http://www.europarl.europa.eu/RegData/etudes/STUD/2016/578984/ IPOL_STU(2016)578984_EN.pdf
Copyright (c) 2017 LUMEN Proceedings
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Selection and peer-review under responsibility of the Organizing Committee of the conference.
This is an Open Access article distributed under the terms of the Creative Commons Attribution-Noncommercial 4.0 Unported License, permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited