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Sunday, October 22. 2006Transatlantic Free-Trade Zone as "NATO for the World Economy"Posted by Editors in International Economics on Sunday, October 22. 2006
Gabor Steingart makes "an argument for a trans-atlantic free-trade zone" in the English version of Der Spiegel:
The role NATO played in an age of military threat could be played by a trans-Atlantic free-trade zone in today's age of economic confrontation. The two economic zones -- the European Union and the United States (perhaps with the addition of Canada) -- could stem the dwindling of Western market power by joining forces."I find the idea fascinating," Chancellor Merkel told the EU committee in Germany's parliament, according to another Spiegel article in early October. The enormously difficult project of creating a Transatlantic Free Trade Area would be her backup plan, should the Doha trade talks ultimately prove untenable. Related Atlantic Review post: Will Germany Promote the Creation of a Transatlantic Free-Trade Area? Comments
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Zyme
- #1 - 2006-10-23 15:16 - (Reply)
I know this is off-topic: Comments ()
JW-Atlantic Review
- #1.1 - 2006-10-24 01:29 - (Reply)
Thanks, Zyme. We appreciate such recommendations. Comments ()
Don
- #2 - 2006-10-23 23:00 - (Reply)
Does Germany really wish to be in a free-trade zone with a bunch of revolting fascists? Or with a group of unreatrained capitalists? Comments ()
joe
- #3 - 2006-10-24 01:15 - (Reply)
An awful idea for America whose time let us hope never comes. Comments ()
JW-Atlantic Review
- #3.1 - 2006-10-24 02:02 - (Reply)
Even Schroeder would not say that. "The Germans" certainly don't. Comments ()
joe
- #4 - 2006-10-24 05:41 - (Reply)
I thought you were all socalistS to varying degrees. It surely is difficult to tell the parties apart even with their color coding. Comments ()
Zyme
- #5 - 2006-10-24 11:04 - (Reply)
The discussion of a transatlantic free-trade zone should not be overestimated. There are free trading zones also considered with the southern american countries and russia. Comments ()
JW-Atlantic Review
- #5.1 - 2006-10-24 11:54 - (Reply)
Yes, a transatlantic free trade zone should not be exaggerated. Though such a free trade zone would be more significant than free trade zone with South America, Russia etc due to the much bigger amount of trade with the US. Comments ()
Zyme
- #6 - 2006-10-24 12:12 - (Reply)
In the documentary there was an interesting piece of information on the time shortly after september 2001: Comments ()
JW-Atlantic Review
- #6.1 - 2006-10-24 12:20 - (Reply)
Translation: "Wegfall der Geschäftsgrundlage" is the legal term for "Frustration of Contract" Comments ()
Zyme
- #6.2 - 2006-10-24 12:55 - (Reply)
The Hermes-Bürgschaften have been issued in the 1980s. At that time the minister of economy was Jürgen Möllemann :) Comments ()
JW-Atlantic Review
- #6.2.1 - 2006-10-24 13:23 - (Reply)
Möllemann was an undersecretary in the foreigen relations ministry in the 80s. Comments ()
JW-Atlantic Review
- #6.2.2 - 2006-10-24 13:30 - (Reply)
There was not much legal and illegal trade between Germany and Iraq between 1990 and 2003. Certainly not any security guarantees anymore. Comments ()
Zyme
- #7 - 2006-10-24 18:43 - (Reply)
Hmmm there was little information I could gather on the era between both gulf wars. Comments ()
JW-Atlantic Review
- #7.1 - 2006-10-24 19:12 - (Reply)
"Considering the situation today though, the former iraqi government was indeed able to provide stability." Comments ()
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[Source: Atlantic Review - Analysis of U.S. foreign policy and transatlantic relations] quoted: The role NATO played in an age of military threat could be played by a trans-Atlantic free-trade zone in today's age of economic confrontation. The two economic zones -- the European Union and the United States (perhaps with the addition of Canada) -- could stem the dwindling of Western market power by joining forces. Comments ()
Tracked: Oct 23, 06:55
"Since the fall of the Berlin Wall, the Western allies have been asking: What will replace the threat of communism as the cement that holds together the Atlantic alliance? Some have argued terrorism, but I don't think so. I think my German friends ha Comments ()
Tracked: Nov 07, 10:19