The Eu S Trade Strategy Shift From Multilateralism To Bilateralism A Case Study On Ttip

Master's Thesis from the year 2017 in the subject Politics - Topic: Globalization, Political Economics, grade: sehr gut, College of Europe, language: English, abstract: Foreign commercial policy represents a major domain of European integration and an exclusive policy competence for the European Union. The strategy, focus and practical approach of this EU trade policy has been continuously adapted to the new circumstances in an ever more globalised world economy. Thus, the EU uses its foreign trade policy not just for mere economic ends but also as a tool to strengthen its global political influence. Having been a champion of multilateral trade negotiations in the framework of the World Trade Organisation (WTO) throughout the 1990s, the has EU changed this strategic orientation by the mid-2000s shifting its trade policy focus from a multilateral to a bilateral strategy and initiated preferential free trade agreements (FTA) with countries and regions all over the world. Among them, the one with the largest size was the Transatlantic Trade and Investment Partnership (TTIP) with the United States of America, launched in 2013. Given the huge importance of the EU as a player in global trade, it seems relevant to examine from a political scientific perspective what have been the main reasons, drivers and motivations behind this enormous policy shift. I argue that external factors, domestic interests and institutional dynamics have collectively contributed to the reorientation of EU trade policy from multi- to bilateralism. I will test this hypothesis by means of three theoretical approaches: neorealism as a systemic theory, liberalism as a theory with a domestic focus and institutionalism to examine the role of the most important EU institution in trade policy, the European Commission. In order to get a more profound analysis of the main actors and motivations as driving forces of EU trade policy, I will furthermore use a case study on the, both in ambition and size, unrivalled bilateral Transatlantic Trade and Investment Partnership as it, due to its sheer economic and political impact on the both partners involved but also on the rest of the world, provides best significant insights of processes on all three levels of analysis of this paper. In a nutshell, the global power shift for the benefit of emerging powers and to the detriment of Europe in combination with strong economic interest groups within the EU seeking for market access all over the world as well as self-interests, norms and processes within the European Commission have altogether contributed to the change of course in EU trade policy towards bilateralism.

This book explores the intricate web of economic diplomacy, Asia Pacific strategies, and Mega Free Trade Agreements (FTAs) that shape the region's dynamics. It also examines the European Union's perspective, considering its shared interests with East Asia and the USA. Avoiding military conflicts in sensitive regions such as the Taiwan Straits and the Korean Peninsula is crucial, as the economic ramifications of any such conflicts could be catastrophic on a global scale, fundamentally altering the course of the New Cold War. Divided into four parts, the book begins with an introduction, setting the stage for the ensuing exploration. Part two delves into economic diplomacy, Asia Pacific strategies, and Mega FTAs in East Asia, while part three examines the same themes in the context of the European Union. Finally, part four concludes with insightful remarks that tie together the findings from the preceding sections. As the world teeters on the precipice of a new era defined by global power struggles and geopolitical realignments, this book offers a comprehensive analysis of the pressing issues facing East Asia and the EU. It challenges readers to reflect on history's lessons and find wise solutions through theoretical and practical approaches.

This comprehensive and clearly written textbook offers a long-awaited introduction to the trade policy of the European Union, the world's largest trading entity. Gstöhl and De Bièvre provide a comprehensive assessment of the common commercial policy, its relationship with other policies, like development policy, and of the EU's multi-level policy-making and international bargaining in this area. As well as providing a broad overview of the nature and development of the EU's trade policy, the authors analyse how relevant institutions and decision-making processes are organized and how this set-up fosters particular policy outcomes. Gstöhl and De Bièvre show how the thorough and critical study of EU trade policy can be conducted from an interdisciplinary viewpoint, enabling the student to tackle the ever-evolving political, economic, and legal questions that arise. Given the accessible writing, this book is recommended for both undergraduate and Master's students studying the EU and Europe in their Politics, International Relations, Economics or Law degrees, as well as those focusing on international trade policy.

Since the late 1980s, there has been a global upsurge of various forms of regionalist projects. The widening and deepening of the European Union (EU) is the most prominent example, but there has also been a revitalization or expansion of many other regionalist projects as well, such as the African Union (AU), the Association of Southeast Asian Nations (ASEAN), the North American Free Trade Agreement (NAFTA) and the Southern Common Market (Mercosur). More or less every government in the world is engaged in regionalism, which also involves a rich variety of business and civil society actors, resulting in a multitude of regional processes in most fields of contemporary politics. In this new text, Fredrik Söderbaum draws on decades of scholarship to provide a major reassessment of regionalism and to address questions about its origins, logic and consequences. By examining regionalism from historical, spatial, comparative and global perspectives, Rethinking Regionalism transcends the deep intellectual and disciplinary rivalries that have limited our knowledge about the subject. This broad-ranging approach enables new and challenging answers to emerge as to why and how regionalism evolves and consolidates, how it can be compared, and what its ongoing significance is for a host of issues within global politics, from security and trade to development and the environment. Retaining a balanced and authoritative style throughout, this text will be welcomed for its uniquely comprehensive examination of regionalism in the contemporary global age.

An unprecedented political, economic, social, and legal storm was unleashed by the United Kingdom's June 2016 referendum to leave the European Union and the government's response to the vote. After decades of strengthening European integration and independence, Brexit necessitates a deep understanding of its international law implications on both sides of the English Channel in order to chart the stormy seas of negotiating and advancing beyond separation. In Complexity's Embrace, international law practitioners and academics from the United Kingdom, Europe, Canada and the United States look beyond the rhetoric of "Brexit Means Brexit" and "no agreement is better than a bad agreement" to explain the challenges that need to be addressed in the diverse fields of trade, financial services, insolvency, intellectual property, environment, and human rights. The authors in this volume articulate, with unvarnished clarity, the international law implications of Brexit, providing policy makers, commentators, the legal community, and civil society with critical information they need to participate in negotiating their future within or outside Europe. Complexity's Embrace explores the many unprecedented questions about the UK's future trading arrangements. Contributors include Thomas Cottier, Armand de Mestral, Oonagh E. Fitzgerald, David A. Gantz, Markus Gehring, Valerie Hughes, Matthias Lehmann, Eva Lein, Dorothy Livingston, Richard Macrory, Luke McDonagh, Marc Mimler, Howard P. Morris, Gabriel Moss, Helen Mountfield, Federico M. Mucciarelli, Joe Newbigin, Colm O’Cinneide, Damilola S. Olawuyi, Christoph G. Paulus, Maziar Peihani, Freedom-Kai Phillips, Stephen Tromans, Diana Wallis, and Dirk Zetzsche.

This book focuses on a review of how sixty years of case-law and regulatory activity transformed the European continent and the world. It provides a critical analysis of the key features of EU integration and how this integration is perceived (internally and externally). In this context, this book also explores the EU's interactions with a number of other countries and organisations with the objective of assessing the EU's role in global governance.

Presenting the history of relations between the European Union and Japan, this book explains the origins and significance of the momentous 2018 Economic Partnership Agreement and its parallel Strategic Partnership Agreement. Set within the historical context of the 1991 Hague Declaration and Action Plan of 2001, this book analyses the impact of recent background changes to the liberal trading order, the proliferation of free trade agreements, and uncertainty about role of the United States in the world on relations between Japan and the EU. Adopting a path-dependent approach, it illustrates how these agreements were reached as a result of growing patterns of cooperative behaviour between the EU and Japan, and the imprint of shared past experiences in areas from trade to security. In so doing, this book also raises important questions about the future of multilateral cooperation, exploring the potential for bilateral agreements to undermine the possibility of finding international solutions to increasingly international problems. EU–Japan Relations and the Crisis of Multilateralism will appeal to students and scholars of European and Japanese politics and international relations, as well as policymakers internationally with an interest in these significant agreements.

This book explores how the European Union responds to the ongoing challenges to the liberal international order. These challenges arise both within the EU itself and beyond its borders, and put into question the values of free trade and liberal democracy. The book’s interdisciplinary approach brings together scholars from economics, law, and political science to provide a comprehensive analysis of how shifts in the international order affect the global position of the EU in dimensions such as foreign and security policy, trade, migration, populism, rule of law, and climate change. All chapters include policy recommendations which make the book particularly useful for decision makers and policy advisors, besides researchers and students, as well as for anyone interested in the future of the EU.