481. From Damage Control to Sustainable Development: European Development Policy under the Next EU Budget
- Author:
- Svea Koch, Niels Keijzer, Christine Hackenesch, and Julian Bergmann
- Publication Date:
- 06-2018
- Content Type:
- Policy Brief
- Institution:
- German Development Institute (DIE)
- Abstract:
- The EU is one of the leading global players in international development, trade, peace and security. Therefore, a key part of the EU’s Multiannual Financial Framework (MFF) is the one reserved for action beyond EU’s borders. This budget heading is called ‘Global Europe’ (also referred to as Heading IV). Under the current budget for the period of 2014 to 2020, including the inter-governmental European Development Fund (EDF), over 90 billion euros are available for the EU’s external action. The lion’s share of this is reserved for development cooperation. In previous years, the EU has dealt with new challenges in external action mostly by creating specific initiatives and new financial instruments. At the start of the negotiations on the next MFF, Heading IV thus appears to be rather complex and fragmented compared to other headings.
- Topic:
- International Affairs and International Development
- Political Geography:
- Global Focus