regionalism and the eu Flashcards
define regionalism
creation and implementation of institutions that express a particular identity and shape collective actions within a geographical region
features of economic regionalism
- financial and trade aspects of regional cooperwetkom
- trade blocs
- interdependent economies and interests
- outward looking- reaching trade deals as a bloc
- USMCA
features of security regionalism
- organisations trying to achieve peace and security
- stability by enhancing interconnectedness and interdependence
- common interests in protecting territorial borders
- NATO
features of political regionalism
- longer term strategic aims
- share same values and seek to protect them
- inward looking and act in their own best interests
- resolving challenges and maximising opportunities
- also enhance their status and voice globally
- human rights, the environment
- african union
strengths of regionalism and globalisation
- regional organisations defend against globalisation by pooling their sovereignty and providing greater leverage on international stage
- greater access to different markets- e.g german and japan cars
- can drive political agenda- environment
- more countries are joining regional organisations
weaknesses of regionalism and globalisation
- democracy can also be undermined by intergovernmental bodies as they lid accountability- EU law prevailed over UK
- only benefit TNCs and US- often exploit weaker states
- Uk voted to leave EU
- most regional organisations like ASEAN lack any real changes
- diminished influence of national governments
how has regionalism protected against globalisation
- regional bodies use tariffs to protect their own economies and limit impact of the global market
- “fortress” model against global competition- EU with common agricultural policy
- counterweight to economic superpowers and TNCs
- prevent “race to the bottom” from safety and environmental laws like EU
- smaller nations can be protected from exploitation like by IMF and World bank
how has regionalism enhanced globalisation
- regionalism increased size and access to markets
- increased structural power to bodies like WTO- EU accounts for 23% of world GDP
- prepare smaller states for cooperation on wider global stage
- growth in RTAs coincides with increased global trade
- organises states into those with similar goals
features of USMCA
- canada, mexico and USA
- economic agreement based on free trade
evaluation of USMCA strengths
+ trade between members have quadrupled
+ FDI has tripled
+ NAAEC aims to work cooperatively to improve protection of their environment
evaluation of USMCA weaknesses
- blue collar jobs lost in UK like automotive sector
- many mexican farmers went out of business as they couldn’t compete
- enviro,metal impacts- exploit mexican environment
- trump threatening to leave again, after already rebranding and calling it the “worst trade in the history of the country”
how is USMCA improved from NAFTA
- increased to 75% regional content of cars
- open up dairy markets in the region, so the US has more access to canadian markets
- to be reviewed every 6 years to avoid it being outdated
features of ASEAN
- 10 members in south east asia
- economic
- promote trade in the region, particularly against chinese domination
- combat border social issues like health
- operates intergovernmental
evaluation of ASEAN strengths
+ developed three pillars on political security, economy and socio-cultural
+ 6th largest economic power- indonesia represents 40% of regions economic output
+ 3rd largest workforce (600mil), even over the EU
+ developed treaties that also involve non-member states- ASEAN regional forum to resolve conflicts peacefully with inclusion of india and china
+ trade with china could be the worlds biggest free trade zone
evaluation of ASEAN weaknesses
- remains intergovernmental so lacks power
- difference in political stability, values and religion within the region
- conflict with china one claims of the south china sea
formation of the EU
1951- formation of european coal and steel community (ECSC) which was supranational institution deciding how much coal or steel each country produces
1957- treaty of rome created common market to facilitate trade
1986- UK, denmark and ireland join
1993- maastricht treaty created the 4 freedoms
2002- euro introduced in 12 states
2009- treaty of lisbon modernise EU institutions
2016- UK left
define intergovernmentalism
decision making where the veto of the nation state is preserved
- requires unanimity in foreign policy and admission of new states
define subsidiary
idea that decision making should be decided at the lowest possible leave where it is still effective
define supranationalism
decision making where countries no longer have the veto and an entity is created above the nation state
- acknowledgement that their decision are binding on all states
examples of supranationalism in EU
- ECJ ruled that germany banning cassis de dijon was unlawful as it was a protectionist move to preserve market for their own drink markets but as it was safe in france it should be safe in all of EU
- qualified majority voting in council of minister requires 55% if member states and 65% if population of EU to support a decision used on 80% of decisions
evaluation of supranationalism
- states have to give up their sovereignty
- may erode nation state distinctiveness
- democratic deficit as european parliament is only directly elected institution
- rise in populist movements resist greater european integration
examples of supranational bodies in EU
- ECJ- pass legislation and override laws of national governments
- ECB- oversees monetary regulation on behalf of EMU countries
- european commission- acts as executive
- european parliament- scrutinise legislation on behalf of EU
- council of ministers- use of QMV
examples of intergovernmental bodies in EU
- european council- each member state is represented and act on their behalf
- council of ministers- ministers represent their own countries
features of african union
- all african countries (55 members)
- political
- give nations in africa a bigger voice
- backlash against colonial and neocolonial interference
- promote peace, security and democracy
- invite international people of african diaspora to encourage their cooperation