Is the Brussels Effect Beneficial?
Chapter 8 discusses whether the Brussels Effect is beneficial in terms of advancing people’s welfare, both in the EU and abroad. In examining this question, the chapter engages with economic and political criticism leveled against the Brussels Effect. It asks if the global reach of EU regulations is costly and capable of hindering innovation, or driven by protectionist motives. It also queries if the Brussels Effect should be viewed as a manifestation of regulatory imperialism, undercutting the power of foreign sovereigns to make critical decisions regarding their economies and serve their citizens in accordance with their democratically established preferences.