20. The Single Market

2019 ◽  
pp. 295-309
Author(s):  
Michelle Egan

This chapter charts the evolution of the Single Market project, from its original conception in the 1950s, beginning with the Treaty of Rome and ending with the Single Market Act I and II. It explores the role of the Court of Justice of the EU (CJEU) in promoting market access, the balance between different economic ideals, and regulatory strategies used to foster market integration. 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.

Author(s):  
Michelle Egan

This chapter focuses on the evolution of the single market project, from its original conception in the 1950s, beginning with the Rome Treaty and ending with the Single Market Act I and II. It first considers market integration in historical perspective before discussing the role of the Court of Justice of the European Union (CJEU) in promoting market access, the balance between different economic ideals, and the regulatory strategies used to foster market integration. It then analyses the importance of the single market in promoting competitiveness and growth, along with the politics of neoliberalism and the ‘1992 Programme’. It also explores the politics of regulated capitalism and whether the single market contributes to globalization. It concludes by explaining 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.


Author(s):  
Emilios Avgouleas

This chapter offers a critical overview of the issues that the European Union 27 (EU-27) will face in the context of making proper use of financial innovation to further market integration and risk sharing in the internal financial market, both key objectives of the drive to build a Capital Markets Union. Among these is the paradigm shift signalled by a technological revolution in the realm of finance and payments, which combines advanced data analytics and cloud computing (so-called FinTech). The chapter begins with a critical analysis of financial innovation and FinTech. It then traces the EU market integration efforts and explains the restrictive path of recent developments. It considers FinTech's potential to aid EU market integration and debates the merits of regulation dealing with financial innovation in the context of building a capital markets union in EU-27.


2020 ◽  
Vol 27 (3) ◽  
pp. 284-301
Author(s):  
Salvatore Fabio Nicolosi ◽  
Lisette Mustert

In a resolution adopted on 1 February 2018, the European Committee of the Regions noted that a legislative proposal of the European Commission concerning a Regulation that changes the rules governing the EU regional funds for 2014-2020 did not comply with the principle of subsidiarity. Accordingly, the Committee considered challenging the legislative proposal before the Court of Justice if the proposal was formally agreed upon. Although at a later stage the European Commission decided to take into account the Committee’s argument and amended the proposal accordingly, such a context offers the chance to investigate more in detail the role of the Committee of the Regions in the legislative process of the EU and, more in particular, its role as a watchdog of the principle of subsidiarity. This paper aims to shed light on a rather neglected aspect of the EU constitutional practice, such as the potential of the Committee of the Regions to contribute to the legislative process, and answer the question of whether this Committee is the right body to guarantee compliance with the principle of subsidiarity.


2020 ◽  
Vol 34 (4) ◽  
pp. 535-545
Author(s):  
Mark Beeson

AbstractOne of the more striking, surprising, and optimism-inducing features of the contemporary international system has been the decline of interstate war. The key question for students of international relations and comparative politics is how this happy state of affairs came about. In short, was this a universal phenomenon or did some regions play a more important and pioneering role in bringing about peaceful change? As part of the roundtable “International Institutions and Peaceful Change,” this essay suggests that Western Europe generally and the European Union in particular played pivotal roles in transforming the international system and the behavior of policymakers. This helped to create the material and ideational conditions in which other parts of the world could replicate this experience, making war less likely and peaceful change more feasible. This argument is developed by comparing the experiences of the EU and the Association of Southeast Asian Nations and their respective institutional offshoots. The essay uses this comparative historical analysis to assess both regions’ capacity to cope with new security challenges, particularly the declining confidence in institutionalized cooperation.


2014 ◽  
Vol 47 (02) ◽  
pp. 468-476 ◽  
Author(s):  
Erin R. Graham ◽  
Charles R. Shipan ◽  
Craig Volden

ABSTRACTWhat factors inhibit or facilitate cross-subfield conversations in political science? This article draws on diffusion scholarship to gain insight into cross-subfield communication. Diffusion scholarship represents a case where such communication might be expected, given that similar diffusion processes are analyzed in American politics, comparative politics, and international relations. We identify nearly 800 journal articles published on diffusion within political science between 1958 and 2008. Using network analysis we investigate the degree to which three “common culprits”—terminology, methodological approach, and journal type—influence levels of integration. We find the highest levels of integration among scholars using similar terms to describe diffusion processes, sharing a methodological approach (especially in quantitative scholarship), and publishing in a common set of subfield journals. These findings shed light on when cross-subfield communication is likely to occur with ease and when barriers may prove prohibitive.


Author(s):  
Al. A. Gromyko

The research is focused on several key problems in the system of international relations influenced by the COVID-19 pandemic. It is shown that the events caused by it and broadly identified as a coronacrisis have a direct impact on the world economic contradictions (pandenomica) and political ones, including the sphere of security. These particular aspects are chosen as the main objects of the research. The author contends that the factor of the pandemic has sharpened the competition between regional and global players and has increased the role of a nation- state. In the conditions of transregional deglobalisation, regionalism and “protectionism 2.0” get stronger under the banners of “strategic vulnerability” and “economic sovereignty”. A further weakening of multilateral international institutions continues. The EU endeavours to secure competitive advantages on the basis of relocalisation, industrial and digital policies and the Green Deal. The article highlights the deterioration in the relations among Russia, the US, the EU and China, the unfolding decoupling between Washington and its European allies, which stimulates the idea of the EU strategic autonomy. An urgent need for the deconfliction in Russia – NATO interaction is stated.


Author(s):  
R. Daniel Kelemen

Theories of federalism can provide a set of assumptions, concepts, and arguments that shed light on many aspects of European integration. Applying the federalism perspective opens up EU scholars to a range of relevant comparative cases that provide analytic leverage and insight on the EU. This perspective also enables EU scholars to draw on and contribute to a well-established literature in comparative politics, thus connecting their findings about the EU to broader academic debates. EU scholars have applied theories of federalism to help explain a wide range of questions about European integration, from general questions about why and how the EU came together as a political system to narrow questions about very specific policy areas, to the causes and consequences of the EU’s recent crises. This chapter discusses the main assumptions, concepts, and methodologies in federalism theories of the EU, and explores how this perspective can shed light on the eurozone crisis and the crisis of democratic backsliding among EU member states.


2017 ◽  
Author(s):  
Klaus Friesenbichler ◽  
Christian Glocker ◽  
Werner Hölzl ◽  
Serguei Kaniovski ◽  
Agnes Kuegler ◽  
...  
Keyword(s):  

2021 ◽  
Vol 21 (2/2021) ◽  
pp. 29-44
Author(s):  
Milan Igrutinovic

Over the last decade the EU has faced challenges on numerous fronts: economic crisis and slow recovery, refugee crisis, terrorism, Brexit, lack of effectiveness of its foreign and security policy. In recent years, the EU has put new effort to define its purpose and standing in international relations, and it seeks to become strategically autonomous actor. That means an actor with the ability to set priorities and make decisions. As the role of the United States is still pre-eminent in the security of Europe, the EU-US relations have a special bearing on that EU’s ambition. In this paper we provide an overview of the relations between these two actors with the focus on the first year of Joseph Biden presidency, and we argue that through a complex interaction the EU will seek to define its policies independently of the United States, wishing to expand its space for maneuver and action.


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