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The Transatlantic Economic Partnership

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  • Ellen L. Frost

    () (Peterson Institute for International Economics)

Abstract

For the last 50 years, progress toward multilateral trade liberalization has depended heavily on agreement between the United States and the European Union. This Policy Brief argues that the current form of transatlantic economic cooperation--known as the Transatlantic Economic Partnership--is so limited that it runs the risk of diminishing this tradition. The follow-on action plan now being negotiated between Washington and Brussels, however, could provide much-needed momentum to the global trading system and should thus be viewed as an opportunity to restore the traditional pattern.

Suggested Citation

  • Ellen L. Frost, 1998. "The Transatlantic Economic Partnership," Policy Briefs PB98-6, Peterson Institute for International Economics.
  • Handle: RePEc:iie:pbrief:pb98-6
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