Macroeconomic effects of TTIP on the EU, by member state in 2030

Macroeconomic effects of the Transatlantic Trade and Investment Partnership on the economies of the EU, by member state in 2030

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Release date

May 2016

Region

EU

Survey time period

2013

Supplementary notes

Projections are of an ambitious implementation of TTIP based on an updated version of the model from the 2013 Centre for Economic Policy Reasearch study on TTIP. The changes in the updated model used here include extending the economic forecasts from 2027 to 2030 as well as updating the baseline with which the TTIP-based projections are compared.
The model for the ambitious TTIP scenario includes 100 percent of tariffs eliminated; 25 percent of non-tariff barriers (NTBs) on goods and services eliminated (50 percent of actionable), except for processed foods where no reduction of NTBs has been modelled; a 50 percent reduction in procurement NTBs.

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