Part 1: Navigating a New World Order
27 November 2017
The rules no longer apply. The biggest challenge facing the new EU27 (the EU without the UK) is the growing threat to the international economic order. From banking to free movement of people and goods to international law and trade, bilateral alliances and unilateral moves have undermined many of the structures and bodies put in place to promote global co-operation after WWII.
To succeed within this challenging new world order, the new EU will have to deal with many grave problems, both the upcoming ones and those already full-blown. Some of these are ongoing; the repercussions of the banking and government debt crisis, slow economic growth, the refugee and migration crisis, an increasingly aggressive Russia, and a democratic deficit. So, what are the trade and investment prospects for the new EU27?
Read the full article in Angle Journal here
Part 2: New Ways of Working Together
5 March 2018
The EU has seen a decline in its share of world trade and foreign direct investment. New crises loom on the horizon in the form of Brexit, an unpredictable US President, and a disintegration of the old economic order.
The new EU27 must look beyond itself and focus on relevant global challenges, which are greater than internal difficulties. To engage the European population and energise the union, large-scale initiatives are needed, and the business sector both in Europe and elsewhere has to be engaged. EU activity is currently too inward-looking and too diffuse. The EU needs to take bold steps for international economic cooperation in the pursuit of trade and investment growth, steps that will build bridges with the rest of the world, including strategic alignments with the US and Africa on one hand, and Russia and China on the other.
Read the full article in Angle Journal here