Publication

This paper presents a cost-benefit analysis of including investment protection provisions like investor-state arbitration in the Transatlantic Trade and Investment Partnership (TTIP). The authors warn that instead of providing the EU with the benefit of increased foreign investment from the US, the inclusion of investor-state arbitration in TTIP may instead impose non-trivial costs such as litigation expenses and reduced policy space. The authors conclude that, from the perspective of the EU, the case for including investor state arbitration in TTIP is therefore weak.