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TTIP criticism IW News 9. November 2015

A German phenomenon?

The organization “Stop TTIP” has collected more than tree million signatures in Europe. However, the criticism comes mainly from German-speaking countries – and the objections are often the result of Euroscepticism and not necessarily directed against TTIP.

The spring wave of the Eurobarometer survey 2015 showed: The critics against TTIP come primarily from the German-speaking countries. Only 28 percent of the respondents EU-wide are against TTIP. At the same time, the number is much higher in Germany (51 percent), Luxembourg (49 percent) and Austria (67 percent). In the EU as a whole 56 percent of the respondents support the free trade agreement (FTA).

However, it is not clear whether the critics' scepticism is actually directed against TTIP. The survey shows that especially people who reject the globalisation process are those who are against TTIP. According to the survey, they are also primarily people who do not trust the EU as a whole. Clearly, these numbers are only averages. Nevertheless, they suggest that the scepticism against TTIP has often been overrated – as suggested by recent demonstrations and signature lists. Moreover, it is undisputable that TTIP should bring about substantial improvements compared to previous FTAs – for instance in the area of investor protection. Therefore, nobody benefits from jeopardizing these opportunities because of globalization fear or Euroscepticism.

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Samina Sultan at IEP@BU Policy Brief External Publication 17. April 2024

Not so Different?: Dependency of the German and Italian Industry on China Intermediate Inputs

On average the German and Italian industry display a very similar intermediate input dependence on China, whether accounting for domestic inputs or not.

IW

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Jürgen Matthes in Intereconomics External Publication 9. April 2024

China’s Trade Surplus – Implications for the World and for Europe

China’s merchandise trade surplus has reached an all-time high and is likely to rise further. A key driver appears to be a policy push to further bolster Chinese domestic manufacturing production, implying the danger of significant overcapacities.

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