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4771. Potential WTO Trade Reform: Multifunctionality Impacts for Ireland?

Author:
Kevin Hanrahan and Trevor Donnellan
Publication Date:
06-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
The economic impact of trade policy reforms on various sectors of the economy receives more attention than the effects on the environment. This may be partly owing to the secondary importance attributed to environmental or multifunctionality issues when economic consequences take centre stage. An additional consideration, however, may be the practical difficulties of bringing together models that examine the economic impact of trade policy reforms and models that can measure environmental or multifunctionality indicators.
Topic:
Economics, Politics, and Treaties and Agreements
Political Geography:
Europe and Ireland

4772. A Synergy for Black Sea Regional Cooperation: Guidelines for an EU Initiative

Author:
Fabrizio Tassinari
Publication Date:
06-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
On 17 July 2006, Fabrizio Tassinari, Assistant Professor at the University of Copenhagen and visiting Research Fellow at CEPS, presented his study entitled \'A Synergy for Black Sea Regional Cooperation: Guidelines for an EU Initiative\', financed by the Riksbankens Jubileumsfond.
Topic:
Regional Cooperation and Treaties and Agreements
Political Geography:
Europe and Balkans

4773. European Financial System Governance

Author:
Karel Lannoo
Publication Date:
06-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Much has been achieved in upgrading and integrating the 'governance' of the European financial system in recent years. In parallel with the successful adoption of the Financial Services Action Plan (FSAP), the EU managed to reform its regulatory structure, extending what was proposed by the Lamfalussy Committee for securities markets in early 2001 to banking and insurance. The EU thus created permanent committees of securities, banking and insurance supervisors (the 'Level 3 Committees' – CESR, CEBS and CEIOPS). This rapid reform demonstrated that national authorities were capable of overcoming domestic biases, adapting the supervisory structure, and instituting a much greater degree of supervisory cooperation than had existed previously.
Topic:
Economics and International Trade and Finance
Political Geography:
Europe

4774. Trail to Failure: History of the Constitutional Rejection and Implications for the Future

Author:
Richard Baldwin
Publication Date:
05-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
The French and Dutch no-votes were a huge blow to the Constitutional Treaty. The deadline for ratification is suspended and as of early 2006, neither the French nor the Dutch government had a plan for reversing the fatal votes. In short, there is no plan for putting the Constitution into force.
Topic:
Regional Cooperation and Treaties and Agreements
Political Geography:
Europe and Dutch

4775. A New Agreement between the EU and Russia: Why, what and when?

Author:
Michael Emerson, Fabrizio Tassinari, and Marius Vahl
Publication Date:
05-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
The 10th anniversary of the Partnership and Cooperation Agreement (PCA) between the EU and Russia, which falls on 1 December 2007, is already prompting thoughts on whether and how to replace it. This raises basic issues about the form, purpose and content of bilateral treaties in the context of an integrating Europe. The following scenarios are discussed: Retire the PCA without replacement, Extend the status quo, Extend the status quo, adding a Political Declaration on Strategic Partnership, Replace the PCA with a short Treaty on Strategic Partnership, Replace the PCA with a comprehensive Treaty on Strategic Partnership, Negotiate a Treaty of Strategic Union.
Topic:
International Cooperation and Regional Cooperation
Political Geography:
Russia, Europe, and Asia

4776. Bulgaria and Romania's Accession to the EU:Postponement, Safeguards and the Rule of Law

Author:
Gergana Noutcheva
Publication Date:
05-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
On the day before the European Commission's decision on the fitness of Bulgaria and Romania to become EU members on 1 January 2007 (due to be delivered 16 May 2006), it is becoming increasingly evident that the EU has fallen into its own 'rhetorical trap' from which there is no easy way out. Most EU officials and politicians would agree that the governance standards in the two Balkan candidates are not up to EU level yet, but everyone knows that there is not much the EU can do about it at this point.
Topic:
International Cooperation and Regional Cooperation
Political Geography:
Europe, Bulgaria, Balkans, and Romania

4777. The Commission's White Paper on Communication: Mapping a Way to a European Public Sphere

Author:
Sebastian Kurpas, Christoph Mayer, and Michael Brüggemann
Publication Date:
05-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
In its recent White Paper on a European Communication Policy, the European Commission has promised a “fundamentally new approach”. The policy is meant to narrow the communication gap looming between the European Union and its citizens and ultimately to map a way towards the development of a European public sphere. In contrast to the socalled 'Action Plan' for improving the Commission's own communication from July 2005, the White Paper is addressed to the EU as a whole, including other central institutions, member states, European political parties and even 'civil society'. The purpose of this Policy Brief is to critically evaluate the proposals emanating from the White Paper and to advance several suggestions aimed at helping the current initiative to have a more tangible and long-term effect than its many predecessors, authored by Messrs Tindemans, Adonnino, Oostlander, DeClerq, Pex or Pinheiro.
Topic:
International Cooperation and Regional Cooperation
Political Geography:
Europe

4778. Fixing the Services Directive

Author:
Stefano Micossi
Publication Date:
04-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
In the spring of 2004, the European Commission approved a draft Directive on Services in the Internal Market and sent it to the Council and the European Parliament. The proposal is the cornerstone of the ailing Lisbon strategy to revive growth and jobs in the European Union: services account for 70% of GDP and employment in advanced countries, and their performance is a main determinant of overall productivity and employment growth. In the European Union, the markets for services are still organised along national lines, cross border trade remains relatively underdeveloped and competition is scarce. The productivity gap with the United States is largely explained by these obstacles.
Topic:
Economics, International Cooperation, and Regional Cooperation
Political Geography:
United States, Europe, and Lisbon

4779. Confidence through Compliance in Emissions Trading Markets

Author:
Christian Egenhofer and Joe Kruger
Publication Date:
04-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
Emissions trading is a market-based mechanism designed to allow firms to choose the most cost effective strategy to meet environmental standards. The success of SO2 and NOx emissions trading systems in the United States and the launch of the ambitious European Union Emissions Trading System (EU ETS) underscore the value of emissions trading as a tool for environmental policy.
Topic:
Economics, Environment, and International Cooperation
Political Geography:
United States and Europe

4780. Reviewing the EU Emissions Trading Scheme: Priorities for Short-Term Implementation of the Second Round of Allocation (Part II)

Author:
Christian Egenhofer and Noriko Fujiwara
Publication Date:
03-2006
Content Type:
Policy Brief
Institution:
Centre for European Policy Studies
Abstract:
This report constitutes Part II of the CEPS Task Force Report on Reviewing the EU Emissions Trading Scheme. Part I was presented to the UK Presidency on 7 July 2005, and subsequently published on the CEPS website. It focused on a number of short-term implementation issues linked to the second round of allocation, including transparency requirements of the National Allocation Plans (NAPs), the definition of installations, treatment of small installations, new entrants, closure and transfer rules, allocation methodologies, the possibility of opt-ins as well as monitoring, reporting and verification. Part II examines deepseated issues such as economic impact and effects on investment as well as the potential inclusion of aviation. These issues are expected to have a major influence on the second phase of the EU Emissions Trading Scheme (ETS) in 2008-12.
Topic:
Environment and Industrial Policy
Political Geography:
Europe