Who We Are

Tyson BarkerDirector, Transatlantic RelationsBertelsmann Foundation North America

4th Turkey-Europe ForumTASAM

“Transatlantic Economic Relations and the TTIP”

Who We Are

Established in 2008

Offices in Brussels, Barcelona, and Guterslöh, Germany

Major projects:• Transatlantic

Relations Project• Global Futures

Project• Global Economic

Dynamics• INCRA

Who We Are

Who We Are

60% of total FDI globally

40% of global GDP (in purchasing power parity)

33% of global trade in goods and services

$600 billion in total trade flows annually (larger than the entire GDP of Argentina)

Nearly $4 trillion in total investment stocks (larger than the entire GDP of Germany)

13 million jobs in Europe and the United States connected to transatlantic trade and investment

US-EU Economic Relationship

Who We Are

Goals of free trade negotiations include:

Open US and EU markets

Strengthen rules-based investment

Eliminate all tariffs on trade

Tackle non-tariff barriers

The Transatlantic Trade and Investment Partnership (TTIP):

An “Economic NATO”

Who We Are

Moving beyond the financial crisis

Setting global norms and standards

Addressing global challengers

TTIP: What’s at Stake?

Assumptions

100% reduction in tariffs

25% reduction in costs associated with non-tariff barriers to trade

50% reduction in procurement barriers

Uses the CEPR “ambitious scenario”

All states gain jobs and increase exports

Key Findings

One new TTIP-related job generated for every

160 in existenceTTIP-related job growth tends to be highest in the services sector

On average annual exports to Europe jump 33% per state

The greatest gains in exports occur in states that are particularly well integrated into the supply chains of the transatlantic motor vehicles market.

Goods trade (in terms of growth), particularly advanced manufacturing,stands to benefit more from an ambitious TTIP.

Estimated increase in individual state exports to the EU post implementation of an ambitious TTIP (%)

Motor vehicles is the top sector for export growth in 19 states

Michigan 95%Alabama 138%South Carolina 187%

Top 5 states by estimated number of jobs attributable to

TTIP

California 75,340

Texas 67,780

New York 50,520

Florida 47,540

Pennsylvania 33,960

Estimated increase in TTIP-reliant jobs by state (Number)

Estimated proportion of TTIP-reliant jobs in the state labor force (%)

Top States with TTIP attributable jobs as a

proportion of overall state job market (%)

Nevada 0.71

Hawaii 0.68

Florida 0.67

Washington 0.67

West Virginia

0.67

Montana 0.67

Maine 0.67

Who We AreBertelsmann Foundation-Atlantic Council Stakeholder Survey

Do you think the US and EU will be able to come to

an agreement?

Which of the following scenarios do you believe is

most likely?

Who We AreTTIP Stakeholder Survey: Potential

Sticking Points