In today’s Cato Online Forum essay, Iana Dreyer of the EU trade news service Borderlex marshals public opinion data to support a rather gloomy prediction about the chances for a robust and comprehensive TTIP outcome. Despite having “strong ‘Atlanticist’ instincts and the vision for Europe as a dynamic, globalized, economic powerhouse,” the EU’s business community and its cosmopolitan policy makers are likely to be thwarted by demographics: especially, by the aging German voter.
Iana concludes that the likely outcome will be a TTIP agreement that reflects the sensibilities of older, risk‐averse Europeans who are unwilling to gamble with their social safety nets, even though those safety nets are not really on the negotiating table, which means a rather shallow and limited agreement at best.
The essay is offered in conjunction with a Cato Institute TTIP conference being held on Monday. Read it. Provide feedback. And register to attend the conference here.