TTIP

Question 1

What is ISDS ?

Answer 1

Investor State Dispute Settlement
Currently the centrepiece for the protest against TTIP ISDS future Off-shore (non-domestic) secret tribunals and arbitration

Question 2

Example of ISDS

Answer 2

In 2014 Swedish Energy Company VATTENFALL
Sued German government for a reported 4.7 B euros who changed POLICIES to phase out nuclear power following the Fukushima disaster in Japan to replace it with renewable energy supplies

Question 3

How do ISDSs impact the State

Answer 3

ISDSs refute a state’s right to prioritise, regulate and administer public policy (domestically) resulting in assault on sovereignty and democracy.

Question 4

What is TTIP

Answer 4

Trans-Atlantic Trade Investment Partnership which enables multi-natioal corporations to sue National Governments by utilising the built in clause of ISDS.

Question 5

What has made TTIPs possible ?

Answer 5

Neo-liberal Globalisation
Free Trade
Unregulated
Competition

Question 6

Who espoused Economic Justice ?

Answer 6

Nozick (1974) a libertarian built upon Adam Smiths 18th Century Invisible Hand - The market should be left to self-regulate
Unfettered Free market
Minimal State intervention
Night Watchman in terms of security

Question 7

EU - US bilateral trans-regional Trade Deal (Regional Trade Deals) Who stands to benefit ?

Answer 7

The U.S. is said to potentially to benefit 200 Billion U.S. dollars

Question 8

PPP

Answer 8

Public
Policy
Paradox

A mockery