Friends or foes?: the EU–US economic relationship

2014 ◽  
pp. 130-154
Keyword(s):  

Significance They are intended to set the framework for the future economic relationship between the United Kingdom and the EU. However, they have become a source of deep political division and mistrust, exacerbating concerns about the future of their political and economic relationship. Impacts A further deterioration in UK-EU trade relations would threaten to undermine peace and stability in Northern Ireland. Negative trade news is unlikely to shift opinions significantly on Brexit or support for Prime Minister Boris Johnson. UK hostility towards defence and security cooperation underpinned by EU institutional arrangements will remain strong.


2019 ◽  

The linguistic diversity of this volume's contributions, combined with the elaboration of positive examples regarding concerted actions – in spite of all crises! – between the member states, pays a unique tribute to the fact that the goal of concerted acting was already aimed at in the preamble to the EEC treaty. Relevant and contemporary examples prove that such a path may be the proper answer, if not a counter-programme to the various EU crises. These examples concern a number of political and legal fields; in particular, they relate to elements of international private law, criminal law, civil procedure law, passenger rights and data protection. Such concerted action is also dealt with in relation to the Union's external presence, in particular its economic relationship with the AU. With contributions by Dimitrios Parashu, Rita Abood, Luisa Volkhausen, Daniel Sliwiok-Born, Brou Séraphin Yoboué, David Erhardt and Jonathan Stoklas.


Significance For Germany and France, an important component of this is the treatment of foreign direct investment (FDI). However, prospects for an EU-wide response appear to divide the bloc, with many countries rejecting the principle of regulation by the European Commission. Impacts A Commission proposal on investment scrutiny will test the limits of Chinese influence and EU unity. If any move on investment scrutiny is seen as singling out China, it could undermine the country’s economic relationship with the EU. This could stall progress on a bilateral investment treaty and any free trade agreement that might follow. Successful resolution of EU-Chinese tensions could open up a more coherent and reciprocal approach to FDI scrutiny and control.


2019 ◽  
Vol 16 (1) ◽  
Author(s):  
Iain Begg

Abstract The Faustian bargain at the heart of Brexit can be portrayed as a trade-off between enhanced control and economic benefits. Most commentators expect the UK economy to take some sort of hit from leaving the UK, but in the words of one prominent ‘leave’ supporter, it would be a ‘price worth paying’, to regain control over decision-making. https://www.politicshome.com/news/europe/eu-institutions/news/73963/arron-banks-%C2%A34300-loss-price-worth-paying-brexit. For convinced Brexiteers, a UK unshackled from the EU will rapidly transform itself to be able to take advantage of opportunities in emerging markets and other dynamic parts of the global economy, while ‘remainers’ see distancing the UK from its largest market as an egregious act of self-harm. Both sides have been culpable of misleading statements. Similar dissembling occurred in relation to the public finances. The article explores how competing, poorly understood and often incoherent interpretations of economic propositions fed into Brexit, leading to misguided policy decisions and confusion in the debates around how to reset the UK’s economic relationship with the EU.


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