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The EU and the Political Economy of Transatlantic Relations


Edited By Finn Laursen

Transatlantic economic relations remain extremely important for the European Union as well as for other countries in the world. When it comes to trade and foreign direct investment, the EU and the United States remain arguably the world’s most powerful actors, despite the financial crisis which started in the United States in 2007 and subsequently spread to Europe and to the Eurozone in particular. This crisis has created great economic strain on both Europe and North America, with politicians trying to muddle through and disagreeing on which strategy to adopt. The dominance of the Atlantic countries in the global political economy is now challenged by new emerging powers, including the so-called BRICS (Brazil, Russia, India, China and South Africa). These countries have succeeded in keeping much higher growth rates than Europe and North America, although they too are now affected by the global economic crisis.
This book is focused on these issues as well as other issues in transatlantic relations, including competition and environment policy. Given the complex interdependence of transatlantic countries they need to work together to solve the issues that divide them.


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This book is published under the auspices of the EU Centre of Ex- cellence (EUCE) at Dalhousie University, Halifax, Canada. The EUCE receives financial support through a 3-year agreement with the then Directorate-General for External Relations (DG Relex) of the European Union (Grant Agreement No. SI2.541580) signed on 4 December 2009, now administered by the European External Action Service (EEAS). Without this support the conference that brought most authors together in April 2011 as well as the subsequent production of this book would not have been possible. The financial support from the EU is gratefully acknowledged. Needless to say, the EU is not responsible for any information or views in this book. The editor, who currently directs the EUCE at Dalhousie, also wants to acknowledge the contribution of Tatiana Neklioudova, the Adminis- trative Secretary of the EUCE until June 2011. She took care of the logistics in connection with the 5th annual conference in April 2011. Thanks also to Dr. Robert Summerby-Murray, Dean, Faculty of Arts and Social Sciences at Dalhousie for welcoming the participants and colleagues and students who participated at the conference, especially Professors Robert Finbow and Ruben Zaiotti who contributed with papers and chaired panels. The language check and copy-editing was done efficiently by Phyllis Singer, senior editor at GreenPoint Global, and my assistant at Dalhousie University Carolyn Ferguson has done the typesetting, the list of abbreviations as well as the index. I am grateful to both Phyllis and Carolyn for their professional and efficient help with...

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