Chapter

Europe and the world

André Sapir, Philippe Aghion, Giuseppe Bertola, Martin Hellwig, Jean Pisani-Ferry, Dariusz Rosati, José Viñals, Helen Wallace, Marco Buti, Mario Nava and Peter M. Smith

in An Agenda for a Growing Europe

Published in print March 2004 | ISBN: 9780199271481
Published online July 2005 | e-ISBN: 9780191602573 | DOI: http://dx.doi.org/10.1093/0199271488.003.0009
 Europe and the world

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The enlargement of the European Union into 25 countries will have a major impact on its neighbours in Europe and the Mediterranean Basin, as well as change its relationship with the rest of the world. The EU must promote the economic development of its neighbours to ensure economic and political stability in the Euro-Mediterranean region. The creation of a Euro-Mediterranean trading bloc could reinforce two other trading blocs: the Free Trade Area of the Americas and the Asian trading bloc. The EU must also play a role in ensuring the success of the globalisation process.

Keywords: European Union; enlargement; Europe; Mediterranean Basin; economic relations; political relations; trade; globalisation

Chapter.  1437 words. 

Subjects: Economic Systems

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