United Against the United States? The EU's Role in Global Trade and Finance

C. Randall Henning; Sophie Meunier

doi:10.1093/0199283958.003.0004

United Against the United States? The EU's Role in Global Trade and Finance

C. Randall Henning, Sophie Meunier

Princeton School of Public and International Affairs

Research output: Chapter in Book/Report/Conference proceeding › Chapter

4 Scopus citations

Abstract

In economic relations, the EU has the capacity to exercise a global role on par with the United States. Yet the EU is not always able to effectively defend its interests. While the EU has firmly established its role as a global player in trade, it has faced difficulties in acquiring such a role in money and finance. Institutional legacies best explain this uneven progress. EU trade policy-making is centralized, whereas centralization is incomplete in the area of money and finance. Power struggles among the various EU bodies and memberstates hamper effectiveness.

Original language	English (US)
Title of host publication	The State of the European Union Vol. 7
Subtitle of host publication	With US or Against US? European Trends in American Perspective
Publisher	Oxford University Press
ISBN (Electronic)	9780191603297
ISBN (Print)	9780199283958
DOIs	https://doi.org/10.1093/0199283958.003.0004
State	Published - Feb 1 2006

All Science Journal Classification (ASJC) codes

General Social Sciences

Keywords

European Central Bank
European Commission
Finance
International Monetary Fund
Trade
World Trade Organization

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10.1093/0199283958.003.0004

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KW - Finance

KW - International Monetary Fund

KW - Trade

KW - World Trade Organization

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United Against the United States? The EU's Role in Global Trade and Finance

Abstract

All Science Journal Classification (ASJC) codes

Keywords

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