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Transatlantic Relations and the future of Global Governance

Managing Disorder.
A Stronger Transatlantic Bond for More Sustainable Governance
In 2011, the European Commission awarded a grant to the Transworld consortium, a
group of 13 research and university centres from the EU, the US, and Turkey, to
study the evolution of the transatlantic relationship and its role in global and
regional governance. Over the course of 3.5 years, Transworld has produced over
45 papers, a
survey of US and EU political, social and economic
elites
, and a Delphi exercise involving up to 100 experts. Drawing from these
various lines of research, Transworld coordinator Riccardo Alcaro has drafted an
agenda for transatlantic cooperation to strengthen global and regional
governance. The agenda provided the basis for a discussion between Transworld
research teams and US and EU policymakers in two separate events in Brussels and
Washington DC.
July 2015 Issue 10
Publications

Managing Disorder. A Stronger
Transatlantic Bond for More Sustainable Governance. Executive Summary
Governance of global and regional challenges has become an increasingly
difficult task. The emergence of new protagonists on the world stage has
complicated efforts to achieve the international consensus needed to address
global imbalances, fight climate change, and tackle new threats. Tensions
between great powers have risen, regional crises have deteriorated, and
non-state actors such as jihadist groups and criminal organisations have
proliferated. Reflecting these systemic changes, the ability of the United
States and its allies in Europe to shape governance structures has dwindled.
Nevertheless, the US-European partnership remains indispensable to effectively
address some of the most pressing regional and global challenges. The US and
Europe should leverage stronger transatlantic ties to engage other countries,
including those who behave like rivals, from a position of strength. This
approach should guide transatlantic cooperation in critical regional contexts as
well as on the global stage. Specifically, the United States and European
countries should:

  • Maintain a multi-tier approach towards Russia that combines
    the bolstering of defence and deterrence assets as well as diplomatic and
    economic sanctions, with engagement in high-level talks on ways to prevent
    uncontrolled escalation and re-create a more stable security environment in
    Europe.
  • Coordinate efforts to address the multiple crises in North Africa, the
    Middle East, and the Gulf. In particular, the United States and its European
    allies should promote inclusive politics, isolate jihadist groups, and
    coordinate with rival powers. In the long term, they should pursue the creation
    of an inclusive security governance architecture involving Iran and the Sunni
    Arab states.
  • Bring negotiations over the Transatlantic Trade and Investment
    Partnership to a successful conclusion. The agreement should be the basis for an
    open regionalism in which trade and investment practices enshrined in the treaty
    can be extended to other partners.
  • Reduce the imbalance in voting rights in
    the international financial institutions and undertake a renewed effort to
    ensure that new financial bodies, such as the Chinese-led Asia Infrastructure
    Investment Bank, follow high-quality transparency and accountability standards.
  • Intensify networks, including fortifying contacts between individual US states
    and EU countries, to exchange best practices on fighting climate change, as well
    as reaching out to countries such as China to gain the international consensus
    needed to push forward ambitious and verifiable targets in the aim of reducing
    polluting emissions.

Full text

News
13 July 2015,
Washington
The West and the Global Shift of Power: Transworld final conference
On Monday, July 13, 2015, the German Marshall Fund of the United States (GMF)
and the Istituto Affari Internazionali (IAI) hosted a conference on the future
of transatlantic relations and global governance, which constituted the
culminating event of the Transworld project. The morning session featured an
exchange with Transworld researchers and experts.  …More
2 July 2015,
Brussels
The Role of the Transatlantic Partnership in the Future of Global Governance: A
Transworld conference
On 2 July 2015, the German Marshall Fund of the United States (GMF), in
cooperation with the Istituto Affari Internazionali (IAI), hosted a
dissemination conference of the Transworld Project in Brussels. The
dissemination was divided in two sequences: 1) a public event composed of a
morning and lunch session; 2) closed door briefings at  …More

Transworld is a project led by the Istituto Affari Internazionali
and funded from the European Union’s Seventh Framework Programme
Contacts:Istituto Affari Internazionali (IAI) Rome, Italy, iai(at)iai.it


www.transworld-fp7.eu

 Posted by on July 21, 2015