The Role of EU Institutions in Common Trade Policy: An Assessment on EU-Canada Comprehensive Economic and Trade Agreement
Articolo
Data di Pubblicazione:
2019
Citazione:
The Role of EU Institutions in Common Trade Policy: An Assessment on EU-Canada Comprehensive Economic and Trade Agreement / E. Uyar Okcu, F. Franchino, İ.A. Arısoy. - In: INTERNATIONAL REVIEW OF ECONOMICS AND MANAGEMENT. - ISSN 2148-3493. - 7:2(2019), pp. 83-104. [10.18825/iremjournal.615846]
Abstract:
What are the roles of the European Union (EU)’s main institutions in common trade policy? To address this question, this study uses a political-economic approach. The positions of the European Commission, Council of the European Union and European Parliament on EU-Canada Comprehensive Economic and Trade Agreement (CETA) are examined. The study uses content analysis as a research methodology, based on a categorization of values and economic interests projected by the EU’s contemporary trade strategy “Trade for All”. Differently from previous studies which use a political-economic approach to analyze the EU’s external relations with developing countries, this article makes a contribution to EU trade policy literature by combining a political-economy perspective with an institutional one to examine a EU trade agreement signed with a highly industrialized country. Within this context, the findings reveal that the Parliament and Council are more value-oriented, than economic interest-oriented. The Commission is instead found slightly more economic interest-oriented than value-oriented. However, the priorities of three institutions do not diverge significantly in terms of political economy. Each institution manages to impose its own priorities on both the (value-related) normative and (interest-related) material parts of CETA and agrees on producing a neoliberal economic outcome.
Tipologia IRIS:
01 - Articolo su periodico
Keywords:
European Union, EU trade, EU institutions, CETA, political economy
Elenco autori:
E. Uyar Okcu, F. Franchino, İ.A. Arısoy
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