2611. EU Commercial Policy in a Multipolar Trading System
- Author:
- Simon Evenett
- Publication Date:
- 04-2007
- Content Type:
- Working Paper
- Institution:
- Centre for International Governance Innovation
- Abstract:
- In recent years, the bipolar multilateral trading system of the post-war years has given way to a multipolar alternative. Although many specifics have yet to be determined, some contours of this new trade policy landscape are coming into focus and in this short paper I examine their implications for the European Union's external commercial policy. Particular attention is given to both the state of business-government relations and the propensity to liberalise under the auspices of reciprocal trade agreements by Brazil, India, and China; the potential new poles of the world trading system. I consider the likely consequences of these developments, plus factors internal to both the European Union and the United States, for the possible con-tent of future multilateral trade initiatives.
- Topic:
- Development, Government, and International Trade and Finance
- Political Geography:
- United States, China, Europe, India, and Brazil