16. Trade Policy

2020 ◽  
pp. 363-387
Author(s):  
Alasdair R. Young
Keyword(s):  
United States ◽  
Trade Policy ◽  
European Integration ◽  
The United States ◽  
Bilateral Agreements ◽  
Multilateral Negotiations ◽  
The World ◽  
Integration Project ◽  
The Eu

This chapter introduces the importance of EU trade policy both to the European integration project and to the EU’s role in the world. It explains how different aspects of trade policy are made. The chapter also charts how the emphasis of EU trade policy has shifted from prioritizing multilateral negotiations to pursuing bilateral agreements. It considers how the EU has responded to the apparent politicization of trade policy within Europe and to the United States’ more protectionist and unilateral trade policy. It also considers Brexit EU trade policy and how trade policy complicated Brexit. It argues that there has been considerable continuity in EU trade policy despite these challenges.

The United States and the European Union

2020 ◽  
Author(s):  
Roberto Dominguez ◽  
Joshua Weissman LaFrance
Keyword(s):  
United States ◽  
European Union ◽  
Cold War ◽  
European Integration ◽  
The United States ◽  
Marshall Plan ◽  
The European Union ◽  
Transatlantic Relationship ◽  
History Of ◽  
The Eu

The history of the European Union (EU) is closely associated with the development of the United States. As the process of European integration has produced institutions and gained a collective international presence, the United States has been a close observer, partner, and often critic of the policies and actions of the EU and its member states. A steady progression of events delineates this path: the Marshall Plan, origins of European integration, the Cold War, the post–Cold War, 9/11 and its effects on the international system, the Great Recession, and the deterioration of global democracy. All throughout, the EU and the United States have both cooperated and collided with one another, in line with the combination of three main factors: (a) the evolution of the EU as an independent, international actor; (b) American strategies for engagement with Europe and then with the EU; and (c) the adaptive capacity and cohesion of the overall transatlantic relationship. The EU–U.S. relationship is significant not only for the influential role of the EU in world affairs but also because, as opposed to China or Russia, the transatlantic area hosts one of the most solid relationships around the world. Crises surely have been, and will be, a frequent aspect of the intense interdependences on both sides of the Atlantic; however, the level of contestation and conflict is relatively low, particularly as compared with other areas that smoothly allow the flow of goods, services, people, and ideas. Taken altogether, then, the transatlantic relationship possesses a strong foundation: it is integral, resilient, and enduring over a history of diplomatic disagreements and conflicts. The primary question remains just how this steady stream and confluence of shared challenges ultimately will fare in face of evolving crises and systemic disruptors. In any case, the answer is determined by the enduring nature, and foreign policy choices, of the primary actors on each side of the Atlantic.

scholarly journals Assessment of Biotechnology Policies and International Trade in Key Markets for U.S. Agriculture

2005 ◽  
Vol 37 (2) ◽  
pp. 379-391 ◽  
Author(s):  
Mary A. Marchant ◽  
Baohui Song
Keyword(s):  
United States ◽  
The United States ◽  
International Markets ◽  
The European Union ◽  
Department Of Agriculture ◽  
Agricultural Exports ◽  
Biotechnology Research ◽  
Long Run ◽  
The World ◽  
The Eu

The United States leads the world in agricultural biotechnology research, adoption, commercialization, and exports. Our biotech commodities are highly dependent on international markets. Thus, any biotech policy changes by key importing countries may affect U.S. agricultural biotech product exports. This article identifies key markets for U.S. agricultural exports including biotech commodities and discusses current and proposed biotech policies in key markets for U.S. agricultural exports focusing on Canada, Mexico, Japan, the European Union (EU), and China. Among these markets, labeling of biotech products is voluntary in Canada and Mexico but is mandatory in Japan, the EU, and, most recently, in China. For the EU, U.S. corn exports were almost completely shut out, while U.S. soybean exports also declined because of the EU's biotech policies. The World Trade Organization dispute filed by the United States has yet to be finalized. China's biotech regulations raised concern by U.S. agricultural exporters. However, through U.S. Department of Agriculture education programs, U.S.–China negotiations, and China's domestic soybean shortage, China's biotech regulations do not appear to have had long-run impacts on U.S. soybean exports to China.

MiFID II will recast Europe’s financial landscape

2017 ◽  
Keyword(s):  
United States ◽  
United Kingdom ◽  
Financial Stability ◽  
The United States ◽  
Financial Instruments ◽  
Content Type ◽  
The United Kingdom ◽  
The World ◽  
October 17 ◽  
The Eu

Subject MiFID II implementation and compliance Significance The EU’s flagship investor protection reform -- the Markets in Financial Instruments Directive II (MiFID II) -- will come into force on January 3, 2018, Valdis Dombrovskis, the EU Commissioner responsible for financial stability, confirmed on October 17, saying that there would not be a further delay. Despite already having been given an extra year's extension, banks are struggling to comply in time because of the directive's complexity. Regulators, too, are behind in expanding their capacity to enforce it. Impacts Firms across the world that do any of their business within the EU will have to comply, not just those registered in the EU. All firms trading in financial instruments must comply but those where this is a small part of their business may be caught unawares. MiFID II will come into effect before the United Kingdom leaves the EU and is likely to be written into UK law post-Brexit. The United States is keen to deregulate, but US firms whose EU activity is not compliant will be punished, possibly harming US-EU relations.

scholarly journals Arising of Trade Disputes among the G20: Evaluation of US-China Trade Relations in the Context of World Trading System

2019 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
Yagoub Elryah ◽  
Keyword(s):  
United States ◽  
Trade Policy ◽  
Global Financial Crisis ◽  
Large Body ◽  
The United States ◽  
Trading System ◽  
Trade Disputes ◽  
China Trade ◽  
The World ◽  
World Trading System

Trade policy among the G20 has emerged as one of the challenges the group faces during the last decade after the 2008 global financial crisis. This paper aims at analyzing the current trade disputes between China and the United States and the efforts the G20 has taken to settle these disputes. The fundamental questions this study attempts to answer are as follows: (1) what the US–China trade dispute means for the world trading system? (2) what the G20 can do to prevent destructive trade wars? We confront this view by critically examining a large body of evidence on the effects of trade policy on economically important outcomes. We begin with a discussion of the role of G20 in stabilizing world economy. We show the G20’s recent economic and trade development challenges and measurements of trade policy and identification of its causal effects. We present the trade balance between the United States and China. We also illustrate the efforts made by the G20 in promoting the development of China–US trade cooperation. Data were collected from different sources. Data are collected from the World Bank, the World Trade Organization (WTO) publications, and the G20 summits’ reports. The results show that the United States has a trade deficit with China, and the global growth would be notably curtailed as investment and consumer spending fall back. The G20 should focus on supporting the WTO, being upfront about the mixed effects of trade and investment, and improving G20 measures to tackle protectionism.

scholarly journals The World in the XXI Century: the Dilemmas of Polarity

2021 ◽  
Vol 105 (5) ◽  
pp. 5-18
Author(s):  
Mikhail Nosov ◽  
Keyword(s):  
United States ◽  
The United States ◽  
Global Politics ◽  
Economic Competition ◽  
Interstate Relations ◽  
The World ◽  
The Future ◽  
Spanish Flu ◽  
The Eu

COVID-19 pandemic started one century after Spanish flu epidemic that killed about 40 million people. It ended as unexpectedly as it began, and was followed by the Paris Conference of 1919, which gave start to the Versailles system, planned as a new system of eternal peace, but collapsed 20 years later. The same happened with the Yalta system at the end of XX centure. Today, the configuration of the world is in the process of changes. The USSR disappeared from the political map of the world, and new world centers appeared with different views on global politics. The interests of the United States, Russia, China, and EU-27 do not coincide, and often contradict each other. Today, with a certain degree of probability, one can speak of the formation of a "new bipolarity", where the United States? NATO and the EU enter into an economic, political and potentially a military confrontation with China and Russia. The future of this system will largely depend on both the outcome of economic competition between the West and China and the level of development of relations between China and Russia. The current pandemic, let's hope, will also end someday, and humanity will be able to create a system of bipolar or multipolar interstate relations that will reliably protect the world from epidemics and wars. This article examines the prospects for the formation of a multipolar world and the future role of Russia

LEGAL PROTECTION OF “KNOW-HOW” IN certain FOREIGN COUNTRIES

2021 ◽  
Author(s):  
Vladislav Kipriyanov ◽  
Elnur Baharov
Keyword(s):  
United States ◽  
Legal Protection ◽  
The United States ◽  
World Intellectual Property Organization ◽  
Trade Secrets ◽  
Legal Norms ◽  
Know How ◽  
Foreign Countries ◽  
The World ◽  
The Eu

The article considers approaches to understanding “know-how” in certain foreign countries. The provisions of international documents regulating production secrets are described. The author describes several theories of understanding trade secrets, considers some features of the protection of production secrets in the United States, France, and Switzerland. It is concluded that the legal protection of “know-how” in the EU countries is very effective, and the legislation of these countries regulating this issue is quite developed. The legal norms meet all the criteria established by the World Intellectual Property Organization.

scholarly journals Presidency of Germany in the European Union as factor of development of European integration process (the second half 2020)

2021 ◽  
pp. 25-37
Author(s):  
Andrii Martynov
Keyword(s):  
United States ◽  
European Union ◽  
European Integration ◽  
Presidential Election ◽  
The United States ◽  
Modern World ◽  
The European Union ◽  
Integration Process ◽  
The Us ◽  
The Eu

The article is devoted to Germany’s presidency in the European Union in the second half of 2020. This was a critical period in the modern history of the process of European integration. Conflicting tendencies emerged during the negotiations on the terms of the Brexit. The budget policy of the European Union required approval. The key tasks of the German presidency were the internal problems of the European Union. But it was not possible to focus exclusively on immanent issues. The pandemic has exacerbated international problems. German diplomacy joined in the settlement of the Greek-Turkish controversy. Germany and France have reached a common position on an agreement on the terms of Britain’s withdrawal from the Brexit. Germany has reached a compromise on the adoption of the European Union budget for the period up to 2027. A large fund was created to support the European economy during the pandemic. Germany has set trends for the development of the European Union’s relations with key partners: the United States, Russia, and China. Germany welcomed Joseph Biden’s victory in the US presidential election. The European Union is considering resuming negotiations on a transatlantic free trade area with the United States. The EU and the US are ready to renew the Euro-Atlantic partnership. The interaction between the EU and the US is designed to protect liberal democracy in the modern world. With the assistance of Germany, the European Union has signed an investment agreement with China. Beijing has pledged to introduce social security guarantees and limit human rights abuses. Russia’s authoritarian threats remain a challenge to the European integration process. During Germany’s presidency of the European Union, the results of the presidential election in Belarus and the poisoning of Russian opposition politician Alexei Navalny became conflicting issues. The German presidency was successful. In the internal policy of the European Union it was possible to form a strategy of ecological renewal of the European economy. The success of the environmental modernization of the EU economy systematically depends on the internal capacity of elites and European societies to implement this course and on the favorable balance of power in a globalized world.

scholarly journals A research on EU trade policy system

2017 ◽  
Vol 8 (2) ◽  
pp. 91-96
Author(s):  
Sitong Qi
Keyword(s):  
Trade Policy ◽  
The United States ◽  
Point Of View ◽  
Trade In Services ◽  
Policy System ◽  
Goods And Services ◽  
Intellectual Property Policy ◽  
The World ◽  
Important Position ◽  
The Eu

AbstractThe EU is the world’s largest trade group, occupying an important position in the world trade in goods and services, especially in the field of service trade. The EU trade in services exports and imports are higher than the United States and Japan, and the EU is the world’s largest capital output and input group, and the world’s largest foreign aid providers. With the deepening of the European integration process, Europe’s position in the world economy and trade is on the rise. Therefore, the EU’s trade policy has increasingly become the focus of attention. From the vertical point of view, research directions can be divided into trade in goods policy, trade in services policy, international direct investment policy, trade-related intellectual property policy four field. In this paper, the four vertical areas are illustrated as the focus of the study.

scholarly journals SOCIAL INNOVATIONS IN THE EDUCATIONAL SPACE AS A DRIVER OF ECONOMIC DEVELOPMENT OF MODERN SOCIETY

2021 ◽  
Vol 3 (38) ◽  
pp. 538-548
Author(s):  
I. Sysoieva ◽  
O. Miklukha ◽  
N. Pozniakovska ◽  
О. Balaziuk ◽  
O. Miklukha ◽  
...  
Keyword(s):  
Higher Education ◽  
United States ◽  
Economic Development ◽  
Higher Education Institutions ◽  
Public Procurement ◽  
Modern Society ◽  
The United States ◽  
Social Innovations ◽  
The World ◽  
The Eu

Abstract. The main provisions of the conceptualization of the introduction of social innovations in education and science, which constitute the internal content and is one of the main essential forms of economic development of modern society, are substantiated. It has been studied that the leading countries in terms of the number of the most innovative companies in the world are industrialized countries, high-income countries, as the United Kingdom (not a member of the EU since 2020), Ireland, Cyprus. However, Bulgaria, Italy, Malta, Germany, Portugal, Slovakia, Hungary, Croatia and the Czech Republic remain the least educated countries in recent years. There is a need for in-depth reforms of the education system and focusing on additional research missions. and business activities. It has been proven that one of the most important and widespread elements of the architecture of innovation infrastructure in the world, which is a supply component, is higher education institutions (HEIs), and the largest number of leading universities is in the United States and the United States. Kingdom. The role of social initiatives in increasing the competitiveness of Ukrainian higher education institutions is highlighted. budget funds in the future. The normative basis for such implementation may be the EU Public Procurement Directive. Based on a study of foreign experience in innovation, it was found that to stimulate innovation of domestic enterprises is important to improve the legislation governing issues related to innovation; improvement of innovation structure: creation of innovation centers, consulting centers, innovation banks; development of development programs and active state support of innovatively active enterprises and financial stimulation of competitiveness of Ukrainian universities and increase of motivational incentives for teachers of educational institutions. Keywords: social sphere, innovations, innovation project, rating of world innovations, investments, sustainable development, innovations in education.  JEL Classification M41, H20, Н44, А1 Formulas: 0; fig.: 1; tabl.: 7; bibl.: 13.

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