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Trade and investment agreements: Implications for health protection

Lookup NU author(s): Professor Ted Schrecker

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Abstract

© 2017 Kluwer Law International BV, The Netherlands. Trade and Investment Agreements (TIAs) have been widely criticized for their potentially negative effects on health. Many governments, particularly from low- and middle-income countries, have voiced concerns that mega-regional agreements such as the Trans-Pacific Partnership agreement, and the Transatlantic Trade and Investment Partnership, will erode governments’ scope for health protection, weakening for instance those options that remain permissible under World Trade Organization rules. Further, these mega-regional agreements will set default standards and rules of the game that even non-signatories will need to emulate in order to be competitive in the global market. This article begins by reviewing the changing structure of trade and investment policy, global production, and the relation between the two. The effects of TIAs on health are then analysed, based on some of the most relevant evidence. Key power asymmetries within the global trade and investment architecture are described, and the way they influence how trade rules are made, implemented and adjudicated. Section 5 examines a particularly striking and topical instance of such power asymmetries, investor-state dispute settlement provisions in TIAs, and their relevance to health. The article concludes with recommendations to mitigate the potential negative health externalities of TIAs.


Publication metadata

Author(s): McNeill D, Barlow P, Birkbeck CD, Fukuda-Parr S, Grover A, Schrecker T, Stuckler D

Publication type: Article

Publication status: Published

Journal: Journal of World Trade

Year: 2017

Volume: 51

Issue: 1

Pages: 159-182

Print publication date: 01/02/2017

Acceptance date: 02/04/2016

ISSN (print): 1011-6702

Publisher: Kluwer Law International

URL: http://www.kluwerlawonline.com/abstract.php?area=Journals&id=TRAD2017007


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