Comprehensive trade agreements: conditioning globalisation or eroding the European model?

Annette Bongardt*, Francisco Torres

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

3 Citations (Scopus)

Abstract

Trade dynamics within the EU are presently pushing it towards deepening globalisation through bilateral comprehensive trade agreements which establish far-reaching rules that govern the bilateral trade relationship. The European Commission has defended these agreements as a vehicle through which to promote world trade in accordance with European values and norms. However, the theory of fiscal federalism and the principle of subsidiarity tell us that one should not centralise decisions at the supranational level which are better taken at the national or regional level when there are different preferences among countries or regions. Consequently, member state and regional competences ought not to be perceived as a mere obstacle to swift trade deals. Rather, they can provide an important checks and balances function with regard to whether EU trade policy is truly working to condition globalisation according to European values and preferences.
Original languageEnglish
Pages (from-to)165-170
Number of pages6
JournalIntereconomics
Volume52
Issue number3
DOIs
Publication statusPublished - 1 May 2017
Externally publishedYes

Fingerprint

Dive into the research topics of 'Comprehensive trade agreements: conditioning globalisation or eroding the European model?'. Together they form a unique fingerprint.

Cite this