51. Defending Europe’s Economic Sovereignty: new ways to resist economic coercion
- Author:
- Jonathan Hackenbroich
- Publication Date:
- 10-2020
- Content Type:
- Policy Brief
- Institution:
- European Council On Foreign Relations
- Abstract:
- European countries are increasingly coming under threat of economic coercion from great powers. The European Union and member states have few tools with which to combat the economic coercion waged against them. The EU’s vulnerability threatens its sovereignty and its openness. The EU should move quickly to consider and adopt a suite of tools to protect and enhance European sovereignty in the geo-economic sphere. The mere acquisition of such powers will have a deterrent effect. Such tools are thus necessary to preserve the EU’s economic openness as well as to defend and preserve the rules-based international order. This collection outlines ten such tools that the EU could adopt.
- Topic:
- International Relations, Sovereignty, European Union, Economy, and Soft Power
- Political Geography:
- Europe