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Chapter

Cover International Relations and the European Union

11. The European Union and the Global Political Economy  

Amy Verdun

This chapter examines the position of the European Union in the global political economy (GPE). It also considers key dimensions of change and development as well as the EU's impact on the operation of the contemporary GPE. To this end, the chapter discusses central ideas in international political economy and relates these to the growth of the EU. Furthermore, it analyses the EU's role in the GPE in three areas: European integration, the EU's engagement in the GPE, and the EU's claims to be a major economic power. It concludes with an assessment of global economic governance, focusing in particular on the EU's role in the financial, economic, and sovereign debt crises.

Chapter

Cover International Relations and the European Union

12. The Challenge of the Environment, Energy, and Climate Change  

John Vogler

This chapter examines the European Union's external environmental policy, with particular emphasis on the challenge faced by the EU in exercising leadership in global environmental governance and in the development of the climate change regime. It first considers the international dimension of the EU environmental policy as well as the issue of sustainable development before discussing the EU's efforts to lead the negotiation of an international climate regime up until the 2015 Paris conference. It then explores how the different energy interests of the member states have been accommodated in order to sustain European credibility. It also looks at the question of climate and energy security in the EU and concludes with an assessment of the factors that determine the success or failure of the EU in climate diplomacy, including those that relate to coordination and competence problems peculiar to the EU as a climate negotiator.

Chapter

Cover International Relations and the European Union

18. The European Union, the BRICS, and Other Emerging Powers  

A New World Order?

Stephan Keukeleire and Tom De Bruyn

This chapter examines how the European Union is challenged by the BRICS (Brazil, Russia, India, China, and South Africa) and other emerging powers, along with its implications for the world order. It first provides an overview of the nature of the BRICS phenomenon before discussing the EU's contractual and political relations, as well as ‘strategic partnership’, with the BRICS countries and other emerging powers. It then considers the EU–BRICS relationship on the basis of three key perspectives: the EU as a subsystem of international relations, the EU as a power in international relations, and the EU as part of the wider processes of international relations. In particular, it explores the EU's capacity to generate external collective action towards the BRICS countries and other emerging powers. It also analyses EU–BRICS relations within the context of shifts in multilateralism and in the global governance architecture.

Chapter

Cover International Relations and the European Union

3. Engaging the World  

The European Union and the Processes of International Relations

Geoffrey Edwards

This chapter examines the ways in which the European Union enters into international relations and engages with key processes in the world arena. It first provides a historical background on the interaction of an evolving EU with the rest of the world before discussing the main patterns of relationships and interactions in the areas in which Europe has been active. It then considers two centres of enduring tensions in the EU's external engagement: EU's engagement with processes of international cooperation and conflict, and with processes of global governance. It also looks at tensions that arise between the collective ‘European’ and national positions. They are between: Europeanization and national foreign policy; rhetoric and achievement; big and small member states; old and new Europe; and the concept of civilian power Europe and the EU as an international security actor with access to military forces.

Chapter

Cover International Relations and the European Union

18. Global Europe: A Pivot to Asia?  

Stephan Keukeleire and Hai Yang

This book has so far shown that the European Union (EU) has consistently sought to exercise structural power to influence the developments of third parties and the arrangements of regional and global governance to its preferences, and the (in)effectiveness of its foreign policy is inextricably associated with the internal character of the EU. This chapter showcases that the EU’s engagement in Asia—a region with several systemically important geopolitical and economic players and one of increasing relevance to European interests—is no different. As elsewhere, the EU’s search for strategic relevance in this region has been impeded by both internal and external factors. For now, its ‘pivot’ to Asia remains elusive.

Chapter

Cover Policy-Making in the European Union

20. The Stability of EU Policy-Making in a Turbulent World  

Mark A. Pollack, Christilla Roederer-Rynning, and Alasdair R. Young

This chapter examines trends in European Union policy-making during times of multiple, overlapping challenges. It first considers the main trends in EU policy-making that emerge from policy case studies, including experimentation with new modes of policy-making, often in conjunction with more established modes, leading to hybridization; renegotiation of the role of the member states (and their domestic institutions) in the EU policy process; and erosion of traditional boundaries between internal and external policies. The chapter proceeds by discussing the issue of national governance as well as the interaction between European and global governance. Finally, it explores how the EU has responded to the challenges of Brexit, the politicization of the Union, geopolitical upheaval, and the shock of the Covid-19 pandemic.

Chapter

Cover International Relations and the European Union

9. The European Union and the Global Political Economy  

Amy Verdun

This chapter examines the position of the European Union (EU) in the global political economy (GPE). It also highlights key dimensions of change and development, and evaluates the EU’s impact on the operation of the contemporary GPE. It does this by examining key ideas in international political economy (IPE), by relating these to the growth of the EU, and by assessing the EU’s role in the GPE in three areas: European integration itself, the EU’s engagement in the GPE, and the EU’s claims to be a major economic power. The final part of the chapter brings these together with an analysis of global economic governance—in particular, the EU’s role in the financial, multilateral state system with its principles of global governance, and pays some attention to recent crises (such as the Covid-19 pandemic) and the Russian invasion of Ukraine.

Chapter

Cover European Union Politics

20. The Single Market  

Michelle Egan

This chapter charts the evolution of the Single Market, from its original conception in the 1950s, beginning with the Treaty of Rome through to efforts to expand and enforce Single Market commitments in a climate of unfair trade practices and rising economic nationalism. The chapter highlights the tensions and trade-offs between legal and regulatory strategies to integrate markets; the challenges of creating a social market due to internal asymmetries between market integration at supranational level and social protection at national level; and the efforts to facilitate the free movement of goods, capital, services, and labour. The chapter highlights the importance of the Single Market in seeking to promote competitiveness and growth as well as the diffusion of its regulations beyond its borders. It concludes by demonstrating how both traditional international relations theories of integration and newer approaches in comparative politics and international relations, can be used to shed light on the governance of the Single Market.

Chapter

Cover International Relations and the European Union

10. The Challenge of the Environment, Energy, and Climate Change  

John Vogler

This chapter examines the European Union’s (EU’s) external environmental policy, with particular emphasis on the challenge faced by the EU in exercising leadership in global environmental governance and in the development of the climate change regime. It first considers the international dimension of the EU environmental policy as well as the issue of sustainable development before discussing the EU’s efforts to lead the negotiation of an international climate regime up until the 2015 Paris conference. It then explores how the different energy interests of the member states have been accommodated in order to sustain European credibility. It also looks at the question of climate and energy security in the EU and concludes with an assessment of the factors that determine the success or failure of the EU in climate diplomacy, including those that relate to coordination and competence problems peculiar to the EU as a climate negotiator.