7PQ site

Transatlantic economy

Transatlantic economic relations
This group focuses on long-term trends in the world economy and policy adjustments made by the US and the EU. The aim is to assess whether in the field of international economics the transatlantic relationship is a) drifting apart b) a functional partnership or c) an enduring partnership.

Oct 062014

Transworld Paper No. 40

by Chad Damro

This paper investigates how the transatlantic relationship affects global and regional economic governance. The analysis is guided by the concept of “competitive interdependence,” which helps to identify the fundamental dynamics shaping the bilateral relationship between the European Union and United States of America as well as the implications of their relationship for others. Largely in response to the multilateral stalemate in the World Trade Organisation’s Doha Round negotiations, the European Union and United States now prioritise and compete in the pursuit of bilateral agreements with largely economic objectives. But the relationship also has a firm basis for cooperation, especially when considering the bilateral characteristics of market size and institutional features. Against this background, the paper also assesses the ways in which competition and interdependence drive the negotiations for a Transatlantic Trade and Investment Partnership and investigates the likely implications of such an agreement for transatlantic relations and global and regional economic governance more generally.


Jun 302014

Transworld Paper No. 35 by Davide Tentori and Myriam Zandonini The evolution of the transatlantic economic relationship has to be considered within the framework of a changing global environment. The bilateral partnership between the United States and the European Union is still dominant both in terms of trade and investment, although it is becoming less [...]

Jun 302014

Transworld Paper No. 32 by Danilo Di Mauro This paper focuses on American and European attitudes towards the economy before and during the financial and economic crisis. The analysis concerns six main topics: the importance of the economy, perceptions of the economic situation, support for free-market, attitudes towards globalization, and support for both governmental and [...]

Mar 202013

Transworld Paper No. 11 by  Kati Suominen The United States responded to the Great Recession with an arsenal of fiscal and monetary expansions and export promotion policies to stimulate growth, but only for temporary respite. US policies have been reactive and risked counterproductive effects. Four years after the collapse of the investment bank Lehman Brothers, [...]