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Trade Policy Issues in the Wider Europe – That Led to War and Not Yet to Peace
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Trade Policy Issues in the Wider Europe – That Led to War and Not Yet to Peace

Michael Emerson
CEPS, 2014
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Editorial Rating

8

Qualities

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  • Innovative
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Recommendation

Trade alliances in the European region and around the world are a complex latticework of often-conflicting relationships. As wider Europe and the Eurasian region attempt to foster collaborative trade arrangements, Russia has opted out, choosing isolation over inclusion, conflict over comity. Political economy expert Michael Emerson of the Centre for European Policy Studies offers a succinct but rich analysis of free trade’s proliferation and its economic and political implications, particularly as they relate to Ukraine. getAbstract recommends his report to global business executives, policy makers and students of international commerce.

Summary

The failure of the Doha Round of global-level trade talks has led to an abundance of bilateral, multilateral and regional trade negotiations and agreements around the world. The Deep and Comprehensive Free Trade Agreements (DCFTAs) that the European Union signed on June 27, 2014, with Georgia, Moldova and Ukraine are part of the EU’s efforts to create a meaningful trading bloc in an increasingly competitive global economy. These DCFTAs contain “a mass of obligations” aligned with EU standards, which Georgia, Moldova and Ukraine will gradually adopt...

About the Author

Michael Emerson is an associate senior research fellow at the Center for European Policy Studies.

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