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Global Europe: old mercantilist wine in new bottles?

journal contribution
posted on 2023-06-07, 23:05 authored by Jim Rollo
This paper analyses the European Commission's communication Global Europe and attempts to demonstrate that the substance behind the shift in emphasis towards bilateral trade policy is an extension of existing EU bilateral trade policy; that the shift is not convincingly justified by the analysis in the EU Commission papers; that the shift might be best thought of as an attempt to re-energise corporate sector support for trade liberalisation in the face of the suspension of the Doha Development Agenda and a weakening of political support for trade liberalisation.

History

Publication status

  • Published

Journal

Aussenwirtschaft

ISSN

0004-8216

Publisher

Swiss Institute for International Economics and Applied Economic Research

Issue

4

Volume

61

Page range

403-414

Pages

11.0

Department affiliated with

  • Politics Publications

Notes

A first examination of the political economy of the shift to bilateralist trade policy signalled by the EU Commission paper Global Europe. It takes the Commission analysis at its own estimation and shows that the arguments deployed carry little substantive weight and that the shift may be best explained by the traditional political economy strategy of engaging the export lobby as a supporter of trade liberalisation via a policy of aggressive opening of foreign markets.

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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    University of Sussex (Publications)

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    Keywords

    EU European CommissionBilateral Trade PolicyTrade Liberalisation

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