Parochial Global Europe: 21st century trade politics

The book Parochial Global Europe: 21st century trade politics, by A. R. Young and J. Peterson was launched at CEPS on July 3rd. The authors argued that despite Europe’s recent economic troubles, it is still in a powerful position to shape the way in which globalisation is governed. Surprisingly little is known about how Europe’s trade policy is actually made, but the authors made the point that trade policy comprises multiple, distinct policies that are an expression of societal preferences, patterns of political institutions, and a range of government preferences. Together, these factors help explain both the EU's objectives and whether it realises them. Chaired by J. Pelkmans, who is very active in the analysis of the TTIP, the meeting also benefited from comments by D. Radonnet, DG Trade, who has wide experience in trade negotiations, and comments by Erik van der Marel, Senior Economist at ECIPE (the European Centre For International Political Economy).