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The External Economic Dimensions of the European Union focuses on the broad range of recent initiatives taken by the EU to reinforce its common external economic policy in a rapidly changing environment. The prospects of the EU are increasingly interrelated with the dynamics of the world economy. In the multipolar post-Cold War economy, the EU faces many uncertainties and new challenges. The transatlantic link still dominates the EU's external relations but the cohesion of the Euro-American relatioship has been tested severely. Moreover, the transition of Central and Eastern Europe and the rise of new growth poles in Asia and Latin America have not only creates new opportunities for trade and investment but intensified international competition at the same time. The volume is organised in two parts. Part I focuses on the competitiveness of the EU and its position in the world economy as well as on specific aspects of its external economic policies including the restructuring of the Common Agricultural Policy and the enlargement of the EU membership. Part II is exclusively devoted to the regional dimension of the external policy of the EU and focuses on the rapidly evolving relationship with the other Triad powers, the USA and Japan, the neighbouring countries and the emerging markets. The book brings together a range of distinguished authors who analyse the wide range of initiatives from the perspective of economics, political science and law. It is a timely and essential work that will reward the attention of policymakers and interested academics throughout the world.
The challenges of globalisation call for a strong role of the European Union as an international actor. Despite its economic importance, the EU has not been able to assert a corresponding influence on the course of international politics. The artificial distinction between external economic relations, as a subject of the supranational first pillar, and foreign policy, as a subject of the intergovernmental second pillar undermines consistent policy-making and significantly weakens the EU's performance on the international scene. This book illustrates the inextricable link between political and economic aspects of external relations and the constitutional dimension of this area. Provided with a thorough analysis of competence and representation issues the reader will gain a more profound understanding of the complex area of EU external relations.
The European Union is a key player in international economic relations, but its exact role and how it goes about making decisions and negotiating is often poorly understood within and especially outside the EU. When does the EU play a proactive role and when does it follow? When is the EU a distinct actor and when is it just one level in a multi- level process of negotiation in which the member states are the main actors? Does the EU possess normative power in external economic relations? Does the EU have the capability and willingness to use its still significant economic power? European Union Economic Diplomacy provides the first comprehensive analysis of the factors that determine the role of the EU in economic diplomacy. In an up-to-date treatment that includes consideration of the impact of the Treaty of Lisbon, it contains a comprehensive explanation of decision making and negotiating processes in the core areas of trade, financial market regulation, environmental diplomacy and development co-operation. The book is intended for those interested in EU policy making, but also those who simply need to understand how the EU functions in the field of economic diplomacy.
This book provides an analysis of the European Neighbourhood Policy by focusing on the impact of norms of justice and home affairs on EU external relations. Drawing on the literature of 'new governance' it designs a framework for analysis which clarifies the contents, tools and processes of the external dimension of EU justice and home affairs.
Since the Treaty of Amsterdam, sustainable development is legally enshrined among the fundamental objectives of European integration, and the contributors to this volume bring a diversity of perspectives to bear on both the internal and external dimensions of the EU’s relationship with sustainable development. The diversity of views reflected in this book testifies to the politically sensitive, essentially contested nature of the concept. But it cannot be denied that sustainable development policies have become institutionalized in the EU and its Member States and, as such, constitute an important new subject of inquiry and debate for all those interested in the fate of the European project.
The authors assess not only the benefits, but also the costs of attempts to assert a European identity. Referring to debates about the respective merits of deepening and widening, they address the equally important associated tradeoffs between exclusion and dilution: they point to the risks on the one hand of a Europe that excludes foreign goods, immigrants and entire countries, and on the other of an unfocused definition of Europe that may dilute the very values that a "European identity" is intended to protect.
How impactful has the Eurasian Economic Union (EAEU) been since it was signed in 2015? This book provides a thorough and critical analysis of economic integration in the EAEU from the perspective of international economic relations. It focuses on trade, FDI, manufacturing, energy, transport and logistics, science and education, digital economy, labour and ecology. The book also addresses the global positioning of the EAEU by evaluating its existing and potential trade agreements both with third countries and regional blocks. Although the EAEU is an established regional entity that has achieved a number of quantitative and qualitative economic results, there needs to be inclusive dialogue at the intra-regional (within the EAEU) and interregional (for instance, BRICS+) levels to further deepen the economic integration in the EAEU. This book will be of interest to academics and policymakers working in Eurasian economic integration, international economic relations and regional studies.
This volume provides a comprehensive account of the European Union’s social role in the world, assessing the EU’s ability to shape the social aspect of globalization from both law and political science perspectives. Focusing explicitly on the EU, the authors address the extent of coherence between the Union’s international social objectives compared with the activities of the International Labour Organization (ILO) and with other EU foreign policy goals. Various dimensions of Europe’s global social role are addressed, including: the social dimension of EU trade relations the involvement of civil society in EU development policies the linkage between the EU’s internal and external ‘social model’ the export of Europe’s social acquis through enlargement and neighbourhood policies the EU’s international position on health, gender equality, children’s rights, and corporate social responsibility the role of the Union in the ILO The European Union and the Social Dimension of Globalization will be of strong interest to students and researchers in EU studies, Globalization studies, and Social Policy.
The EU has become an important international actor. Its internal policies often have repercussions far beyond its borders. It is also increasingly becoming a proactive global actor, defending its interests and projecting its norms and values in both bilateral and multilateral external relations. This volume has a special focus on external economic relations and includes chapters on the Euro, trade policy, and competition policy as well as on specific bilateral relationships. The section on relations with industrialized countries deals with the United States, Canada, Russia, Japan and China, while the section on relations with developing countries has chapters on administrative reform, environmental cooperation, Cuba, Central America and Iran. The book thus gives an up-to-date overview of important aspects of the EU's external relations. With a focus on political economy, it traces the continuous interplay of economics and politics that has characterized the EU's development of a fully-fledged foreign policy. What emerges is a picture of a European Union that is better equipped institutionally to deal with economic, rather than political issues.