European Union Millennium Round

This book draws together key issues resulting from the World Trade Organization's planned 'Millennium Round' and the hope that it will lead to freer trade as we begin this new century.

The EU policy process is dependent on negotiations as a mode of reaching agreements on, and implementing, common policies. The EU negotiations differ from traditional international negotiations in several respects and this book presents a detailed analysis of the processes while examining their distinguishing features. The authors explore the variety of negotiation processes, the continuity and institutionalization of negotiation processes as well as the involvement of a variety of actors besides governments, often linked in informal networks. Going beyond the common distinctions based on issue-areas or the EU as negotiation arena as opposed to negotiating actor externally, the authors explore the impact of different stages in the policy process and the nature of the external negotiating partner.

What role does the EU play in WTO trade negotiations? What are the implications for the EU of the expansion of the international trade agenda that has taken place in the last fifteen years? The European Union and Multilateral Trade Governance examines the EU's role in global economic governance and the negotiations of the Doha Round. The book provides a comprehensive overview of the EU’s role in the Doha Round of multilateral trade negotiations. The empirical study is grounded in a theoretically driven discussion, in order to understand trade politics dynamics in the present international economic system. By providing both conceptual and empirical arguments, the volume provides an innovative perspective on the analysis of the EU as a global economic influence. The European Union and Multilateral Trade Governance will be of interest to students and scholars of European Union politics and international political economy.

This work shows how the EU has evolved constitutionally beyond the internal market into a highly developed system of multi-level governance. It explores path-breaking reforms for increased parliamentary control of globalization in the WTO and a concrete model for implementation.

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 European Union is a key actor in international economic governance. Through its foreign economic policies it plays a central role in the negotiation of international trade agreements, the global regulation of the financial services sector, and the provision of aid to developing countries. This book shows how principal-agent theory can be used to shed new light on this complex of policy areas. In particular, the contributions to this volume analyze delegation, control, and agent strategies in a variety of principal-agent relationships shaping the EU’s foreign economic policies: mainly those involving interest groups and governments; governments and the European Commission; and the European Union and international organizations. The chapters, written by leading experts in the field, offer empirically-rich studies of various areas of the EU’s external economic relations including trade, financial regulation, accounting standards and global regulation through the G7/G8. The book is aimed at researchers and advanced students interested in the EU, international economic relations, and principal-agent theory. This book was published as a special issue of the Journal of European Public Policy.

This is the second volume in the series The Melbourne Studies in Comparative & International Law. It contains the revised and updated versions of papers presented at the conference Trade & Cooperation with the European Union in the New Millennium, held at The University of Melbourne from 14-15 December 2000. The collection, by leading international scholars and expert practitioners, explores the current and future challenges which the European Union presents to Australia and Australasia, and addresses broader issues of globalisation of markets and harmonisation of international trade law.