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European Union process
- Estimating the Economic Impact on the UK of a Transatlantic Trade and Investment Partnership (TTIP) Agreement between the European Union and the United States – Final Project Report – While the results indicate that the effects of a TTIP for the UK are positive, the current overall level of barriers is lower between the UK and US as opposed to EU and US. This reflects a greater importance for services to the US-UK relationship than to the EU as a whole. In addition, an FTA will not just involve the UK, but the other EU Member States as well. Because the EU accounts for half of UK exports, there is likely to be some trade diversion effects driving the overall pattern of results. The greatest direct gains are from NTB reductions for goods. – read the full report here
- TRANSATLANTIC RELATIONS IN A MULTIPOLAR EUROPE. by Riccardo Alcaro, European Security and the Future of Transatlantic Relations, April 2011, pp. 15-39. For decades European security was at the core of the transatlantic relationship. During the first half of the 20th Century the traditional reluctance of the United States to get involved in the highly competitive European security system gave way to the recognition that it was in the country’s national interest to avoid the emergence of an hegemonic power in Europe. The US felt compelled to intervene with massive military, economic, and human resources in two epoch-making world wars resulting from the collapse of the precarious European balance of power.