Grin logo
de en es fr
Shop
GRIN Website
Publish your texts - enjoy our full service for authors
Go to shop › Economics - International Economic Relations

Transatlantic Trade and Investment Partnership. TTIP's role in terms of politics, security, and defense

Title: Transatlantic Trade and Investment Partnership. TTIP's role in terms of politics, security, and defense

Term Paper , 2023 , 27 Pages , Grade: 1,3

Autor:in: Jessica Niedermeier (Author)

Economics - International Economic Relations
Excerpt & Details   Look inside the ebook
Summary Excerpt Details

What positive impact does TTIP have on policy, defense, and security?

Observing the humanitarian crisis in Venezuela, the political instabilities in African nations such as Syria, Iraq, and Libya, the war in Yemen, and the terrorism in Afghanistan caused by the Taliban shows that the world is currently facing security challenges. Above all, the Ukraine war, which began with Russia's invasion on February 24, the crisis in North Korea, and the confrontation over the Taiwan issue are of particular concern. In addition, there are other political uncertainties. According to the Council on Foreign Relations, 70.8 million people are displaced due to the war. This migration crisis is an issue that the EU and the US, especially, have to deal with. Furthermore, the global Covid-19 pandemic has been on the agenda since 2020. Accordingly, both military and health risks exist.

This chapter focuses on the transatlantic trade and investment partnership "TTIP" and its impact on security. The TTIP negotiations between the EU and the USA reached a standstill at the end of 2016. Despite the possibility that the treaty would enable the two powerful economic nations to develop further and strengthen their ties. Furthermore, the agreement aimed to create up to 13 million new jobs. Nevertheless, the TTIP negotiations are gaining traction due to global circumstances. As already explained, many skeptics, such as charities, environmentalists, and NGOs, for instance, strongly criticize the agreement. There have also been some large-scale demonstrations in European countries. Nevertheless, TTIP also has benefits, especially concerning the economy.

Excerpt


Table of Contents

1. Introduction

2. Policy

3. Health Standards and Food Safety

4. IT and Cyber-Security

5. Financial Security

6. Energy Security

7. Military Defense

8. Results

Research Objectives and Key Topics

This paper examines the potential positive impacts of the Transatlantic Trade and Investment Partnership (TTIP) in areas that have been historically neglected, specifically focusing on its role in politics, security, and defense. The central research question explores how the trade agreement could contribute to policy, defense, and security cooperation between the EU and the USA in light of modern geopolitical challenges.

  • The impact of TTIP on political transparency and international cooperation.
  • Evaluation of health standards and food safety within the context of transatlantic trade.
  • Analysis of cyber security and digital infrastructure protection under TTIP guidelines.
  • Assessing the role of TTIP in ensuring energy security and diversifying supply chains.
  • Examining the potential for TTIP to strengthen military defense and democratic values.

Excerpt from the Book

IT and Cyber-Security

Due to the invasion on February 24, 2022, by Russian troops under the leadership of President Putin, IT security became increasingly important, especially in Europe. This is because the war in Ukraine differs from the other military conflicts that have occurred so far. In addition to destroying the country, Russia relies on cyber-attacks. With a range of attacks on the computer networks of the Ukrainian government, Russia is trying to eliminate the digital infrastructure. The hacking attacks hit public websites through which the state communicated with the population, and companies in the energy and financial sectors were victims. The goal was to spread altered information by manipulating or damaging the data, thus gaining an informational advantage.

Microsoft's Threat Intelligence Center (MSTIC) published an article in January 2022 stating that the destructive malware was found in the systems of several Ukrainian authorities, thus deleting crucial data. This shows that Russia had already hacked Ukrainian IT even before the physical damage began. Therefore, Microsoft is trying to sensitize the population in the place of war and the other European states against cyber-attacks. Furthermore, Microsoft is developing countermeasures to prevent future attacks.

Recent events show the meaning of cyber security, which is especially relevant today. Many critics of the transatlantic agreement between the USA and the EU, mainly of German nationality, are convinced that the investment partnership agreement could lower German and European data protection and IT standards. The paper will contradict this hypothesis in the next section with well-founded literature from the CATO Institute, the European Parliament, and global statistics. The EU-US Trade and Technology Council also provided a statement on this subject. First of all, they are aware that data protection, in particular, is a controversial issue. The negotiations showed that the "common values" point about human rights and fundamental freedoms is at the top of the agenda. However, concrete handling of the data protection issue has yet to be discovered. This is the reason for the doubts.

Summary of Chapters

1. Introduction: Outlines the current global security challenges and provides the research rationale for analyzing TTIP's positive impacts on policy, security, and defense.

2. Policy: Discusses the necessity of transparency in TTIP negotiations and the role of parliamentary committees in ensuring democratic oversight.

3. Health Standards and Food Safety: Addresses concerns regarding medical and food standards, arguing that cooperation between US and EU authorities can enhance consumer safety.

4. IT and Cyber-Security: Explores the increasing importance of cyber security in response to modern threats and contradicts fears that TTIP would lower data protection standards.

5. Financial Security: Analyzes the potential economic benefits of TTIP, arguing that it can strengthen the financial sector by increasing income levels and standardizing regulations.

6. Energy Security: Explains how TTIP could enhance energy independence for the EU by facilitating energy trade with the US, thereby reducing reliance on external suppliers like Russia.

7. Military Defense: Examines how TTIP could complement NATO and serve as a stabilizing force to protect Western democratic values against geopolitical threats.

8. Results: Synthesizes the findings, concluding that TTIP offers significant non-economic benefits for security and international political cooperation.

Keywords

TTIP, Transatlantic Trade and Investment Partnership, Global Security, Cyber Security, Energy Security, Military Defense, Policy, European Union, United States, Transparency, Food Safety, Financial Sector, NATO, Geopolitics, Economic Growth.

Frequently Asked Questions

What is the core focus of this research project?

The project investigates the Transatlantic Trade and Investment Partnership (TTIP) beyond its purely economic aspects, specifically examining its potential influence on political, security, and defense structures.

Which thematic fields are at the center of the analysis?

The work covers political transparency, health and food safety standards, IT and cyber security, financial sector stability, energy resource security, and military defense cooperation.

What is the primary objective of this thesis?

The goal is to answer the research question: "What positive impact does TTIP have on policy, defense, and security?" by analyzing potential benefits that have been largely ignored in public debate.

How was the scientific approach structured?

The author uses a qualitative approach, analyzing existing literature, data from think tanks like the CATO Institute, reports from the European Parliament, and current geopolitical statistics to provide a balanced argument.

What does the main body of the work encompass?

The main part is divided into thematic chapters that separately assess the impact of TTIP on six sub-areas: policy, health/food safety, cyber security, financial security, energy security, and military defense.

How can the work be characterized by its keywords?

The work is characterized by its focus on transatlantic relations, democratic values, security infrastructure, and the mitigation of global risks through trade cooperation.

How does the paper address the critical topic of ISDS?

The paper acknowledges that ISDS is controversial but suggests that it could be replaced by more democratic, transparent mechanisms involving independent judges to resolve investor-state disputes.

How does the author argue against the fear of lowered health standards?

The author argues that cooperation between entities like the EMA and FDA, combined with high safety standards in both the US and Europe, will lead to mutual improvements rather than a reduction in standards.

What specific example illustrates the success of transatlantic cooperation in the text?

The paper highlights the development of the COVID-19 vaccine by the German company BioNTech in partnership with the US company Pfizer as a practical example of successful transatlantic collaboration.

Excerpt out of 27 pages  - scroll top

Details

Title
Transatlantic Trade and Investment Partnership. TTIP's role in terms of politics, security, and defense
College
University of Applied Management
Course
Global Economics
Grade
1,3
Author
Jessica Niedermeier (Author)
Publication Year
2023
Pages
27
Catalog Number
V1443225
ISBN (PDF)
9783964876980
ISBN (Book)
9783964876997
Language
English
Tags
Transatlantic Trade and Investment Partnership TTIP's role in terms of politics, security, and defense Policy Health Standards and Food Safety IT and Cyber-Security Financial Security Energy Security Military Defense
Product Safety
GRIN Publishing GmbH
Quote paper
Jessica Niedermeier (Author), 2023, Transatlantic Trade and Investment Partnership. TTIP's role in terms of politics, security, and defense, Munich, GRIN Verlag, https://www.grin.com/document/1443225
Look inside the ebook
  • Depending on your browser, you might see this message in place of the failed image.
  • Depending on your browser, you might see this message in place of the failed image.
  • Depending on your browser, you might see this message in place of the failed image.
  • Depending on your browser, you might see this message in place of the failed image.
  • Depending on your browser, you might see this message in place of the failed image.
  • Depending on your browser, you might see this message in place of the failed image.
  • Depending on your browser, you might see this message in place of the failed image.
  • Depending on your browser, you might see this message in place of the failed image.
  • Depending on your browser, you might see this message in place of the failed image.
Excerpt from  27  pages
Grin logo
  • Grin.com
  • Shipping
  • Contact
  • Privacy
  • Terms
  • Imprint