The Making of a World Trading Power


Book Description

Following its foundation in 1957, the European Economic Community set about establishing itself as a major player on the world stage. One of the first key arenas in which the new organisation began to make its presence felt was the GATT negotiations that took place between 1963 and 1967, known as the Kennedy Round. Through a reconstruction of these on-going negotiations, this book charts the emergence of the EEC as a world trading power and the strategies it adopted that were to have a lasting effect upon European trade policies. As well as proving an important background to the Kennedy Round, the study explains how the EEC/European Union became a powerful actor in international trade, championing a liberal attitude toward the industrial sector but a protectionist one in agriculture. It also addresses the impact of the EEC/EU as regional trading area on the multilateral and global trading system and the EEC/EU trade policy-making. Through an historical analysis of these topics, a much fuller understanding of the actual role and stance of the EEC/EU in world trade is provided, one that not only illuminates events at the time, but provides essential background to the challenges still faced by the international trading system and the World Trade Organization. Based on a wealth of documentary research drawn from European and US archives, this book will be welcomed by all wishing to better understand the complex nature of international trade in an increasingly globalised market place.




The European Monetary Union


Book Description

Analyzes the roots of Europe's economic decline, examining institutions of the European Union and exploring possibilities for reform.




The Brussels Effect


Book Description

For many observers, the European Union is mired in a deep crisis. Between sluggish growth; political turmoil following a decade of austerity politics; Brexit; and the rise of Asian influence, the EU is seen as a declining power on the world stage. Columbia Law professor Anu Bradford argues the opposite in her important new book The Brussels Effect: the EU remains an influential superpower that shapes the world in its image. By promulgating regulations that shape the international business environment, elevating standards worldwide, and leading to a notable Europeanization of many important aspects of global commerce, the EU has managed to shape policy in areas such as data privacy, consumer health and safety, environmental protection, antitrust, and online hate speech. And in contrast to how superpowers wield their global influence, the Brussels Effect - a phrase first coined by Bradford in 2012- absolves the EU from playing a direct role in imposing standards, as market forces alone are often sufficient as multinational companies voluntarily extend the EU rule to govern their global operations. The Brussels Effect shows how the EU has acquired such power, why multinational companies use EU standards as global standards, and why the EU's role as the world's regulator is likely to outlive its gradual economic decline, extending the EU's influence long into the future.




The Economic Integration of Europe


Book Description

The clearest and most up-to-date account of the achievements—and setbacks—of the European Union since 1945. Europe has been transformed since the Second World War. No longer a checkerboard of entirely sovereign states, the continent has become the largest single-market area in the world, with most of its members ceding certain economic and political powers to the central government of the European Union. This shift is the product of world-historical change, but the process is not well understood. The changes came in fits and starts. There was no single blueprint for reform; rather, the EU is the result of endless political turmoil and dazzling bureaucratic gymnastics. As Brexit demonstrates, there are occasional steps backward, too. Cutting through the complexity, Richard Pomfret presents a uniquely clear and comprehensive analysis of an incredible achievement in economic cooperation. The Economic Integration of Europe follows all the major steps in the creation of the single market since the postwar establishment of the European Coal and Steel Community. Pomfret identifies four stages of development: the creation of a customs union, the deepening of economic union with the Single Market, the years of monetary union and eastward expansion, and, finally, problems of consolidation. Throughout, he details the economic benefits, costs, and controversies associated with each step in the evolution of the EU. What lies ahead? Pomfret concludes that, for all its problems, Europe has grown more prosperous from integration and is likely to increase its power on the global stage.




The European Union


Book Description

The European Union has established itself as a leading text that provides readers from all disciplines with a sound understanding of the economics and policies of the EU. Its wealth of information, detail and analysis has ensured that previous editions have been read by a generation of students, researchers and policy makers. It covers all major EU policy areas as well as theories of economic integration, the theory of economic and monetary union (EMU), the measurement of the economic effects of European integration and the legal dimension in EU integration. It also includes an explanation and analysis of all recent developments affecting the EU such as enlargement, the ratification of the Nice Treaty and the Convention for the Future of Europe. This edition has been thoroughly revised and updated and includes new resources to help students and teachers, including summaries, review questions, suggestions for essay titles and further reading lists.




The European Community and the Crises of the 1960s


Book Description

A new and detailed study of the European Community's development between 1963 and 1969, with a special focus on the struggle between France and its EC partners over the purpose, structure and membership of the emerging European Community. On all three, French President Charles de Gaulle held divergent views from those of his fellow leaders. The six years in question were hence marked by a succession of confrontations over what the Community did, the way in which it functioned, and the question of whether new members (notably Britain) should be allowed to enter. Despite these multiple crises, however, the six founding members continued to press on with their joint experiment, demonstrating a surprisingly firm commitment to cooperation with each other. The period thus highlights both the strengths and the weaknesses of the early Community and highlights the origins of many of the structures and procedures that have survived until the current day.




Designing the European Union


Book Description

This book outlines the content of the main treaties that form the 'constitutional' basis of the European Union and analyses changes in these over time. The EU has expanded its policy scope and taken in many more members transferring powers to common supranational institutions in a way seen nowhere else in the world.




Understanding the European Union


Book Description

This revised, expanded and updated second edition of John McCormick's Understanding the European Union provides a broad ranging but concise introduction to the EU. Rather than focusing just on the politics or the economics of the EU or on detailed coverage of its institutions and/or policies, the author covers all major aspects of European integration combining a clear and accessible thematic narrative with boxed summaries of a wide range of essential facts and figures.




The Seventh Member State


Book Description

The surprising story of how Algeria joined and then left the postwar European Economic Community and what its past inclusion means for extracontinental membership in today’s European Union. On their face, the mid-1950s negotiations over European integration were aimed at securing unity in order to prevent violent conflict and boost economies emerging from the disaster of World War II. But French diplomats had other motives, too. From Africa to Southeast Asia, France’s empire was unraveling. France insisted that Algeria—the crown jewel of the empire and home to a nationalist movement then pleading its case to the United Nations—be included in the Treaty of Rome, which established the European Economic Community. The French hoped that Algeria’s involvement in the EEC would quell colonial unrest and confirm international agreement that Algeria was indeed French. French authorities harnessed Algeria’s legal status as an official département within the empire to claim that European trade regulations and labor rights should traverse the Mediterranean. Belgium, Italy, Luxembourg, the Netherlands, and West Germany conceded in order to move forward with the treaty, and Algeria entered a rights regime that allowed free movement of labor and guaranteed security for the families of migrant workers. Even after independence in 1962, Algeria remained part of the community, although its ongoing inclusion was a matter of debate. Still, Algeria’s membership continued until 1976, when a formal treaty removed it from the European community. The Seventh Member State combats understandings of Europe’s “natural” borders by emphasizing the extracontinental contours of the early union. The unification vision was never spatially limited, suggesting that contemporary arguments for geographic boundaries excluding Turkey and areas of Eastern Europe from the European Union must be seen as ahistorical.




The Path to European Economic and Monetary Union


Book Description

Sir Alan Walters ex-chief economic advisor to PM Margaret Thatcher Whether it succeeds or fails, Europe is everyone's concern. The idea of a united Europe has been entertained, even partially at least, achieved, inter alia, CharlemagI!e, Napoleon, Hitler, and in our da)' by Spaak, Monet and Chancellor Kohl: the first three by military conquest, the last three by "negotiation" and the creation of integrating institutional arrangements. The motives varied from the twisted paranoia of the Nazis to the idealism of SpaaklMonet/Kohl in avoiding conflicts and wars. Under the protection of NATO the European Coal and Steel Community soon was transformed into the EEC by the 1957 Treaty of Rome. The massive reduction of trade barriers, particularly between France and Germany, was rewarded by vigorous growth over the next 15 years. Even as late as 1972, when Britain acceeded to the Treaty of Rome, the EEC was thought to be lar~ely a customs union: in de Gaulle eyes the EEC was simply a collection of sovereISJ:l states who cooperated primarily on trade. Each state however enjoyed a veto; deCIsions had to be unanimous.