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Book

Cover International Relations and the European Union

Christopher Hill, Michael Smith, and Sophie Vanhoonacker-Kormoss

International Relations and the European Union takes a unique approach by incorporating the study of the EU’s world role into the wider field of international relations. The text explains the EU’s role in the contemporary world. Beginning with an examination of theoretical frameworks and approaches, the text goes on to address the institutions and processes that surround the EU’s international relations. Key policy areas, such as security and trade, are outlined in detail, alongside the EU’s relations with specific countries, including the United States, China, India, and Russia. Updates for the fourth edition include chapters on the EU’s relationship with Africa and Asia, coverage of the implementation of the EU’s foreign policy, and exploration of how the EU’s international relations relate historically to the European integration process, and the contemporary issue of migration.

Chapter

Cover Origins and Evolution of the European Union

4. Liberalization, Convertibility, and the Common Market  

Wendy Asbeek Brusse

This chapter examines how the European Payments Union resolved the problem of currency convertibility and unlocked the potential of trade liberalization, thereby paving the way for the European Economic Community (EEC), which in turn spurred further intra-European trade. It first provides an overview of trade and payments before and immediately after World War II and goes on to discuss postwar approaches to convertibility and liberalization. It then considers the degree, speed, and commitment with which countries opened up their domestic markets to each other's exports under the Trade Liberalization Programme. It concludes with an assessment of Britain's efforts to join a wider free trade area with the members of the Organization for European Economic Cooperation.

Chapter

Cover Policy-Making in the European Union

18. International Development  

A Distinct and Challenged Policy Domain

Jan Orbie

The European Union (EU) is widely recognized to be a major actor in international development cooperation. First, this chapter discusses key issues and debates in EU development policy. These relate to the importance of the EU in this field, the different objectives that it pursues, the aid budgets at its disposal, and the legal competences vis-à-vis the member states. Secondly, the uniqueness of this policy domain, compared to other EU policies in this volume, is addressed. Specifically, it highlights three distinctive features: the availability of budgetary power outside the EU, the long historical legacy dating back to member states’ colonial past, and the key role of trade as the preferred tool for development. Thirdly, the chapter elaborates two main policy-making domains: the EU as a donor itself and as a coordinator of member states’ policies. Overall, the EU follows the regulatory and distributional modes in its role as a donor, and when it seeks to coordinate member-state policy, the policy coordination mode is to the fore. Moreover, intensive transgovernmentalist features appear in both domains. The conclusion summarizes the main trends and future challenges including the implications of Brexit, the rise of China, and the increasing politicization of aid.

Chapter

Cover The European Union

8. The EU as a Global Actor  

Niklas Helwig

The EU’s ambitions to be a global power are a surprising by-product of European integration. Students of European foreign policy mostly focus on EU trade, aid, and the Common Foreign and Security Policy (CFSP). But the national foreign policy activities of its member states cannot be neglected. On most economic issues, the EU is able to speak with a single voice. It has more difficulty showing solidarity on aid policy but is powerful when it does. The Union’s external policy aspirations now extend to traditional foreign and security policy. But distinct national policies persist, and the EU suffers from fragmented leadership. The chapter begins by considering the development of EU foreign policy and then considers how a national system of foreign policies exists alongside EU policies in the area of trade and international development. It then examines the EU’s CFSP and Common Security and Defence Policy (CSDP).