The Diminishing Returns to Trade Policy in the European Union

S.M. McGuire, Johan Lindeque

Research output: Contribution to journalArticle

21 Citations (Scopus)

Abstract

The notion that the EU is a trade power is central to studies of the Union’s international presence. Credible threats to withhold access to Europe’s markets are said to provide the Union with leverage in respect of other trade partners. This paper queries the continuing ability of the European Union to act effectively this way. The current Doha malaise is a symptom of deeper changes in the international trade system. As emerging markets become more affluent and participate in foreign direct investment, their interest in market access per se become less important relative to other areas of regulation.
Original languageEnglish
Pages (from-to)1327-1347
Number of pages21
JournalJCMS Journal of Common Market Studies
Volume48(5)
Issue number5
Publication statusPublished - Nov 2010

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics
  • Political Science and International Relations
  • Business, Management and Accounting(all)

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