Admission requirements
Admission to the Master EUS.
Course objectives
The aim of the course is to introduce the students to the international economic environment and the international economic policy of the EU.
To that end, after a discussion of the phenomenon of globalisation and some basic features of the world economy of today, the rules governing the world economy, and especially the multilateral trade system of the WTO, are presented. Additionally, the recent proliferation of regional and bilateral trade agreements is studied. Subsequently, the external economic competences of the EU and the main features of the common EU trade policy are dealt with, as well as the relation between the EU and the WTO.
The course further elaborates on the developments in the WTO since its creation in 1995, and more especially the results of the various Ministerial Conferences, and the position of the EU in these negotiations. In this framework, attention is also given to the role of lobbying in trade policy.
After the course, the students will have aquired a good understanding of the basic concepts of the EU external economic policy and of the international economic and policy environment in which it is embedded. Furthermore, they will have gained experience of studying one specific trade policy issue more in depth in the framework of their essay. This knowledge should help qualify them for a job e.g in internationally oriented business, the national administration or an international organisation.
Timetable
Mode of instruction
Tutorial.
Assessment method
Essay and presentation.
Blackboard
Yes, see the site.
Reading list
On globalisation:
- Stiglitz, Joseph (2006), Making globalization work, Norton, New York.
On rules for the world economy
Molle, Willem (2003), Global Economic Institutions, Routledge, London
Qureshi, Asif and Ziegler, Andreas (2007), International Economic Law.
On the WTO:
Barton, John and others (2006), The evolution of the trade regime, Princeton University Press.
Hoekman, Bernard and Kostecki, Michel (2009): The political economy of the world trading system; Oxford University Press, Oxford.
Bernard Hoekman/Aaditya Mattoo/Philip English e.o.: Development, trade, and the WTO; a handbook; World Bank, 2002
Narlikar, Amrita (2005), The world trade organisation; a very short introduction, Oxford University Press.
On regionalism:
- Glania, G. and Matthes, J. (2005), Multilateralism of regionalism, Trade policy options for the European Union, CEPS, Brussels.
On EU Trade policy:
Eeckhout, Piet (2004), External relations of the EU; legal and constitutional foundations, Oxford EC Law Library. (Good for a general understanding of the legal aspects, but outdated since Treaty of Lisbon)
Sapir, André: Fragmented power; Europe and the global economy, Brueghel, Brussels.
On trade policy lobbying:
- Shaffer, Gregory (2003), Defending interests; public private partnerships in WTO litigation, Brookings Institution Press, Washington DC.
Useful websites
www.bilaterals.org (NGO-site on bilateral trade negotiations)
www.brookings.edu (Brookings Institution)
www.bruegel.org (Brussels economic think tank)
www.cepii.fr (centre d’etudes prospectives et d’informations internationales)
www.dni.gov/nic US National Intelligence Council
www.ecipe.org
www.ecfr.eu European Council on Foreign Relations
www.europa.eu.int (European Commission)
www.ft.com (Financial Times)
www.gem.sciences-po.fr
www.globaltradealert.org Global Trade Alert
www.cid.harvard.edu/cidtrade
www.iie.com Peterson Institute of International Economics
http://ictsd.net International Centre for Trade and Sustainable Development
www.kluwerlawonline.com (Journal of World Trade)
www.oecd.org
www.shell.com (‘search’ and then type ‘scenarios’)
www.smartsanctions.ch
www.transatlantic.sais-jhu.edu Johns Hopkins University, Centre Transatlantic Relations
www.voxeu.org
www.weforum.org (World Economic Forum)
www.worldbank.org
www.worldbank.org/trade
www.worldtradelaw.net
www.wto.org (see also wto bookshop)
Registration
Via uSis.
See also Registration and admission requirements for the Master EUS.