Search

Begin New Search Topic Treaties and Agreements Political Geography Europe

181. Economic Policy Coordination in the Economic and Monetary Union: From Maastricht via the SGP to the Fiscal Pact

Author:
Jørgen Mortensen
Publication Date:
08-2013
Content Type:
Working Paper
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
This paper first takes a step backwards with an attempt to situate the recent adoption of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union in the context of discussions on the Stability and Growth Pact (SGP) and the 'Maastricht criteria', as fixed in the Maastricht Treaty for membership in the Economic and Monetary Union (EMU) in a longer perspective of the sharing of competences for macroeconomic policy-making within the EU. It then presents the main features of the new so-called 'Fiscal Compact' and its relationship to the SGP and draws some conclusions as regards the importance and relevance of this new step in the process of economic policy coordination. It concludes that the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union does not seem to offer a definitive solution to the problem of finding the appropriate budgetary-monetary policy mix in EMU, which was already well identified in the Delors report in 1989 and regularly emphasised ever since and is now seriously aggravated due to the crisis in the eurozone. Furthermore, implementation of this Treaty may under certain circumstances contribute to an increase in the uncertainties as regards the distribution of the competences between the European Parliament and national parliaments and between the former and the Commission and the Council.
Topic:
Economics, Markets, Regional Cooperation, Treaties and Agreements, and Monetary Policy
Political Geography:
Europe

182. The European Citizens'Initiative: Next Big Thing or New False Good Idea ?

Author:
Franklin Dehousse
Publication Date:
07-2013
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
One innovative element of the Lisbon Treaty was the creation of a European Citizens' Initiative (ECI). At the time, this was sometimes hailed as a fundamental change in the European institutional system. A few years after the entry into force of the Treaty, however, much less is heard about this “first truly transnational instrument of modern direct democracy”, this “revolution in disguise”, this “very innovative and symbolic” provision5. This could seem surprising at first sight. Since the entry into force of the Treaty, the implementation of this provision has been remarkably rapid. Meanwhile, new arguments have risen concerning the lack of democratic legitimacy of the European Union, and the lack of connection between the European institutions and the citizens.
Topic:
Civil Society, Democratization, Regional Cooperation, Treaties and Agreements, and Governance
Political Geography:
Europe

183. Templates for Trade: Change, Persistence and Path Dependence in U. S. and EU Preferential Trade Agreements

Author:
Ali Arbia
Publication Date:
09-2013
Content Type:
Working Paper
Institution:
The Kolleg-Forschergruppe (KFG)
Abstract:
Over the last two decades, Preferential Trade Agreements (PTAs) proliferated through the international trading system. PTAs created a web of rules paralleling and extending the system of the World Trade Organization (WTO). PTAs are an increasingly dominant feature of the international trading system, adding to a steadily increasing complexity. Their content is rarely studied systematically across agreements, and the mechanisms leading to their genesis are little understood. It is typically assumed that actors like the European Union (EU) and the United States (U. S.) work off a template when negotiating PTAs. Some argue that this allows them, amongst others, to impose a regulatory regime. This working paper attempts to put this claim to the test. Using diffusion theory as framework, it analyzes PTAs signed by the EU, the U. S. and their regional trading partners. Understanding the use of templates will help negotiating parties to assess the margin of maneuver when negotiating PTAs with the EU and the U. S. as well as the rigidity of their mandate. The analysis is conducted on a regional and a domestic level using aggregated data on PTA content and a qualitative assessment of selected PTA provisions (anti-corruption, environment and cultural cooperation). The study finds that the flexibility of these mandates is considerable and that templates, if used at all, can change substantially over time.
Topic:
Economics, International Trade and Finance, Treaties and Agreements, and Governance
Political Geography:
United States and Europe

184. Iceland and Europe: Drifting further apart?

Author:
Baldur Thorhallsso and Alyson J. K. Bailes
Publication Date:
09-2013
Content Type:
Policy Brief
Institution:
Finnish Institute of International Affairs (FIIA)
Abstract:
Iceland applied for EU membership in 2009 at the height of the economic crisis. Four years later, a new government has put the application on hold: the majority of Icelanders are opposed to entry, but want to continue the accession process and put the results to a vote. Iceland's longer-standing problems with European integration stem from the issue of sovereignty in general, and maintaining control over fisheries and agriculture in particular. Since 2009, anti-European feelings have been stoked by the 'Icesave' dispute, while the prospective benefits of entry (including use of the euro) have been tarnished by witnessing the fate of other small states during the euro crisis. The new government proposes remaining a member of the EEA and developing relations with other world powers. But the US commitment to Iceland has weakened over the years, and 'rising' powers like China are unable, as yet, to solve the country's core problems. In terms of both its security and its standing within the global economy, Iceland is becoming more rather than less dependent on Europe over time. The question raised by the latest political turn is whether it will have to maintain that relationship from a distance, with limited control and with no guaranteed goodwill.
Topic:
Economics, International Trade and Finance, Political Economy, Regional Cooperation, Treaties and Agreements, and Financial Crisis
Political Geography:
United States and Europe

185. Ukraine's Choice: European Association Agreement or Eurasian Union?

Author:
Anders Åslund
Publication Date:
09-2013
Content Type:
Policy Brief
Institution:
Peterson Institute for International Economics (PIIE)
Abstract:
Since gaining independence in December 1991, Ukraine has vacillated between the European Union and Russia for economic and political cooperation. Until recently neither had offered Ukraine much, but in the last few months, things have heated up. Ukraine's intention to sign an Association Agreement for political association and economic integration with the European Union has raised a furor in the Kremlin, which is now trying to block Ukraine from aligning itself with the European Union. Moscow has imposed trade sanctions in clear violation of its obligations in the World Trade Organization (WTO) and is pursuing an intense confrontation.
Topic:
Economics, Treaties and Agreements, World Trade Organization, and Bilateral Relations
Political Geography:
Russia, Europe, Ukraine, Asia, and Moscow

186. Towards 'EuroNest 2.0': What should the next European Parliament learn from its predecessor?

Author:
Hrant Kostanyan and Bruno Vandecasteele
Publication Date:
10-2013
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies (CEPS)
Abstract:
Besides the Eastern Partnership's (EaP) bilateral and multilateral framework and the Civil Society Forum, the European Union (EU) engages with the EaP countries – Belarus, Ukraine, Moldova, Georgia, Armenia and Azerbaijan – through multilateral parliamentary cooperation, namely within the EuroNest Parliamentary Assembly (EuroNest PA).
Topic:
Foreign Policy, Economics, International Trade and Finance, Politics, and Treaties and Agreements
Political Geography:
Europe, Ukraine, Armenia, and Belarus

187. Engaging Indonesia

Author:
David Camroux
Publication Date:
09-2013
Content Type:
Policy Brief
Institution:
European Union Institute for Security Studies
Abstract:
The presence of Indonesian President Susilo Bambang Yudhoyono at the G20 Summit in St Petersburg in early September went virtually unnoticed by the European media. That his attendance was overlooked can be explained by immediate factors, namely the overriding importance of the Syrian conflict in the discussions among leaders, and the fact that SBY (as President Yudhoyono is commonly known) is a lame-duck president with less than a year to go before the end of his two-term limit. Lacking BRIC status (for now at least), Indonesia – unlike China, India or even Brazil – barely registers on the radar screen of public awareness in Europe. Symptomatic of this neglect is the fact that, almost four years after its signing in November 2009, two EU member state parliaments (and the European Parliament itself) have yet to ratify the EU-Indonesia Partnership and Cooperation Agreement.
Topic:
Foreign Policy, Defense Policy, Economics, International Trade and Finance, Treaties and Agreements, and Bilateral Relations
Political Geography:
China, Europe, India, Brazil, Syria, and Southeast Asia

188. ABM Defense Prospects of a New Russia-us 'Reset'

Author:
Yury Fedorov
Publication Date:
10-2013
Content Type:
Working Paper
Institution:
Institute of International Relations Prague
Abstract:
The Obama administration recently suggested concluding a legally binding agreement on transparency that would confirm that American BMD does not pose a threat to Russia's deterrence forces, and also concluding a framework agreement on further cutting Russian and American nuclear arsenals. The USA may be interested in reducing the tensions with Russia over the missile defense with a view to break the deadlock on a wide complex of hard security and proliferation issues, including the hot problems of nonstrategic nuclear weapons in Europe and Iran and the North Korean nuclear programs, and also to ensure Russia's support in managing regional crises – these days, especially that in Syria.
Topic:
Conflict Prevention, Foreign Policy, Arms Control and Proliferation, Nuclear Weapons, Treaties and Agreements, and Bilateral Relations
Political Geography:
Russia, United States, Europe, North Korea, and Syria

189. The Eastern Partnership—It Is High Time to Start a Real "Partnership"

Author:
Paweł Dariusz Wiśniewski
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The European Union's (EU's) Eastern Partnership, which aims to deepen cooperation between the EU and its Eastern European neighbors, must be modernized. Partner states and the EU have to acknowledge their own failures instead of playing a “blame game” and work together to make the partnership a success. If the Eastern Partnership initiative fails, both sides—along with Russia, whose role is key—will be responsible.
Topic:
Economics, Regional Cooperation, and Treaties and Agreements
Political Geography:
Europe

190. Smart Geostrategy for the Eastern Partnership

Author:
Richard Youngs and Kateryna Pishchikova
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
The European Union's (EU's) relationship with Eastern Europe and the Caucasus is at a turning point. Russia's increasingly assertive tactics have chipped away at the ties that bind the six Eastern Partnership countries to the EU, and the entire Eastern Partnership is on the verge of unraveling. To rescue its association with its Eastern partners, the EU must deliver more tangible results. Europe can be both geopolitical and committed to reform—but to strike the right balance, the EU must be more strategic.
Topic:
Regional Cooperation and Treaties and Agreements
Political Geography:
Europe