Competitive Interdependence: Transatlantic Relations and Global Economic Governance
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Damro investigates how the transatlantic relationship affects global and regional economic governance His analysis is guided by the concept of ‘competitive interdependence’. Largely in response to the stalemate in the World Trade Organization’s Doha Round negotiations, the European Union and the United States now prioritize and compete in the pursuit of bilateral agreements with largely economic objectives. But the relationship also has a firm basis for interdependence, especially when considering the characteristics of market size and institutional features. Against this background, the chapter assesses the ways in which competition and interdependence drive the negotiations for a Transatlantic Trade and Investment Partnership and investigates the likely implications of such an agreement for transatlantic relations and global and regional economic governance more generally.
KeywordsTransatlantic economy TTIP Global governance
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