Emphasis is placed on the primary European institutions and their role in the new European marketplace. The course focuses on the impact of EU legislation on states, firms, and individuals, the administrative and legal framework of the EU and its connections to national and regional systems, as well as European policies regarding competition and the environment.
Prerequisites:
Previous course in micro- or macroeconomics
Attendance policy:
Since IES courses are designed to take advantage of the unique contribution of the instructor and the lecture/discussion format is regarded as the primary mode of instruction, regular class attendance is mandatory. Each student may have no more than one absence in each course for whatever reasons. Your final grade in the course will be reduced by one fraction of a grade (i.e. A becomes A -) after that.
Learning outcomes:
By the end of the course, students are able to:
To acquire a thorough understanding of the Economic integration process in the EU as a global process, from WWII to the present day;
To explore the different dynamics at play within the EU-building and the increasing role of EU law
on Europe’s economy;
To explore the different dimensions of EU economic policies, among which competition, trade and cohesion;
To understand the relation between national markets, EU institutions and global economic regulation;
To deepen the student’s knowledge on the enlargement process and the consequences attached to it in terms of market growth, industrial strategies and trade strategies of the EU to the horizon
2010.
Method of presentation:
Lectures illustrated by examples, case Studies and PPT presentations
Required work and form of assessment:
Oral Presentation(s) (30%); article presentation (10%); midterm evaluation (20%), final exam (25%); Class Participation and preparation + collective assignments (15%).
Students are expected to be aware of current economic events within the EU through newspapers, economic magazines and journals. Oral presentations are short exposés of 10-15 minutes by groups of two. The article presentation is a critical reading of one of the articles/chapters of the session to be then discussed collectively in class. The policy-memo is a short introduction to one specific subject connected to the session main’s theme.
content:
Session 1: The Political Economy of the EU: understanding the interplay between markets, institutions and societies
This session will serve as an introduction to the Political Economy of the EU. Being both an economic power and a political actor, external observers are frequently confused about Europe today, partly
because of its permanent transformation and entrenched game of power between firms, societies, national constituencies and an emergent European polity. Basic methods and tools of the political
economy literature will be presented in order to facilitate a global understanding these interactions.
Readings: Wallace, “Institutions, Process, and Analytical Approaches” In Wallace, Part I; Alesina, Alberto and Roberto Perotti. A, “The European Union: A Politically Incorrect View” Journal of Economic
Perspectives, 18(4;Fall 2004):27-48.
Session 2: Workshop and introductory methods
Session 3 February 10th : From a free-trade zone to the single market: Europe’s integration by the market
From a free-trade area to a fully fledged common market, the EU has transited a long path. What does this transformation mean in concrete terms? This session will explore some theoretical concepts such as optimal economic areas and comparative advantages in factors endowments to explain the dynamics
behind this evolution and the preconditions necessary to the emergence of economic regionalism . It will also draw on a large body of literature that distinguish the different types of regionalism (Schiff and Winters:1998) and explain the interaction between markets and political institutions. This session will equally confront some IPE insights in order to explain the structural determinants behind market integration. The EU case will be put into perspective with other market-liberalizing associations in the world (NAFTA, APEC, MERCOSUR) in order to provide a thorough understanding of the European case. Assuming that trade between neighbors reduces the likelihood of conflict.
Readings: Caporaso, James and Alec Stone Sweet. 1998. “From Free Trade to Supranational Polity: The European Court and Integration.” In Sandholtz, Stone-Sweet. 1998. European Integration and Supranational Governance; Tsebelis, George and Geoffrey Garrett, “The Institutional Foundations of Intergovernmentalism and Supranationalism in the European Union,” International Organization, Volume
55, Number 2, Spring 2001, pp.357-390.
Session 4: Workshop
Exposé 1: Building the Market: initial stages of market integration after the Treaty of Rome
Exposé 2: Regionalism in the EU compared
Session 5: The Monetary Union: from SME to the Euro.
This session will provide a general historical overview of the evolution of the EU both in terms of positive and negative integration and the concrete impact it had on the emergence of a common monetary policy. It will explore the instruments devoted by European authorities to favor the convergence monetary policies, in terms of law harmonization, creation of incentives to achieve an optimal monetary zone. Special attention will be paid to the coexistence of different monetary regimes in Europe after 1992 with the TEU and its implication on economic growth.
Readings: Tsoukalis, Loukas. "Economic and Monetary Union." In Wallace, Ch. 6; Alesina, Alberto & Summers, Lawrence H. (1993). Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence. Journal of Money, Credit and Banking 25(2): 151-162
Session 6: Workshop
Exposé 1: The SME and the impact on the British Economy
Exposé 2: The road to the EURO: hardships, struggles and efficient integration stages for the Italian economy
Session 7: The European Union and industrial development after WWII: from promotion to regulation
The European Realm exerts a major influence on national industrial decisions since the creation of the EEC in 1948. Significant changes have intervened since the ECSC was launched in 1948 and joint common industrial projects represent an important share of national industrial activities. The EEC and then the EU contributed to this evolution for 50 years combining positive and negative dimensions of both economic and legal integration. This session will explore the instruments devoted by European authorities to enforce the cohesion of markets and to harmonize endowments between countries (cohesion policies, joint-investment industrial ventures, etc.). Part of this evolution has resulted in the
EU developing an extensive regulatory umbrella under which European firms operate today.
Readings: Wallace W. and Mark A. Pollack (eds.) (2005), Policy-making in the European Union, Oxford, Oxford University Press; Levi-Faur, D. (2004) On the 'Net Impact' of Europeanization. The EU's telecoms and electricity regimes between the global and the national in Comparative Political Studies, 37:1 p 3-29
Session 8: The European Union and industrial development after WWII: from promotion to regulation - Workshop
Exposé 1: How pertinent is the notion of a European Industry? Exposé 2: The EADS consortium past and present
Session 9: Economic Policy in the making: between governance and lobbying.
European Interest Representation has gained momentum with the Kallas initiative, aimed at regulating lobbying activities at a European level. European Business Associations have flourished along the way of European institution building, and are today an important everyday partner of important decisions of the economic realm. This session will explore the impact of associations such as Business Europe and the Eurochambers on specific moments of the EU-building process, to illustrate how an infant European polity interact with a multi-level governance system.
Readings: Woll, C. (2006) 'National Business Associations under Stress: Lessons from the French Case', West European Politics 29(3): 489-512; Greenwood, J. and Halpin, D. “The European Commission and the Public Governance of Interest Groups in the European Union: seeking a niche between accreditation and laissez-faire” in Perspectives on European Politics and Society, Vol 8, n°2, 2007,pp190-211
Session 10: Workshop
Exposé 1: Have European Business Associations delivered? Lobby and economic policy making in the industrial sector.
Exposé 2: Going national or European? The case of the German automobile industry
Session 11: Mid-Terms
Session 12: National factor endowments and European Trade Policy
Trade is one of the most well-succeeded policies of the EU both in terms of reach and consensus obtained among national states. Part of the explanation lies in the success of the common market to
generate common market preferences among each national state. However other economic
determinants, such as factor endowments (Rogowski) and increasing scale returns help us understand the reasons behind the capacity of the EU to lead successful negotiations at an international level, resulting into a myriad of bilateral and multi-lateral trade agreements. Part of the session will be devoted to explain the interaction between the EU and its major partners under the premises of WTO negotiations.
Readings: James Alt and Michael Gilligan, “The Political Economy of Trading States: Factor Specificity, Collective Action Problems, and Domestic Political Institutions,” Journal of Political Philosophy 2 (2),
1994, 165-192; Rieger, Elmar. "The Common Agricultural Policy." In Wallace, Ch. 6; Ronald Rogowski, “Political Cleavages and Changing Exposure to Trade,” American Political Science Review 81 (4),
December 1987, 1121-1137.
Session 13: National factor endowments and European Trade Policy-Workshop
Exposé 1: The CAP: constraint or useful negotiation tool on the international trade arena? Exposé 2: The 2001 Steel controversy: US Steel vs EU Steel at the WTO
Session 14: The EU competition policy - From Maastricht to the Lisbon initiative
Competition is one of the major areas of today’s capitalist societies. The EU has generated a very important body of regulations aimed at ensuring competition on national and international operations on the European soil. This session will explore the strategies behind internal market development (strategic goals) and the internal market firms operations, and will examine how the EU competition policy ensures that provisions on mergers and acquisitions, cartels, firms with dominant position are effectively enforced. Finally, this session will show how the Lisbon Strategy has reinforced this trend while paving the way for a "better regulation".
Readings: McGowan, Francis. "Competition Policy." In Wallace and Wallace, Ch. 5; Young, Alasdair R. "The Single Market." In Wallace and Wallace, Ch. 4; Hölscher, Jens and Johannes Stephan. “Competition Policy in Central and Eastern Europe in the Light of EU Accession.” JCMS 42(2; June 2004):321-45.
Session 15: The EU Competition Policy-Workshop
Exposé 1: A critical review of Europe's Competition Policy after Maastricht
Session 16: The Economics of enlargement and the Stability Growth Pact
Even though the EU has successfully become a Single market, member states pursue nonetheless alternative forms of capitalist development. The mid-range theory of Varieties of Capitalism, accounts for those factors intervening in The EU expansion towards EEC countries represented an opportunity for EU countries in terms of investments and the emergence of a larger European market . This session will examine one major instrument of EU positive integration (the Stability Pact in 1993) from the perspective of the enlargement towards Eastern European Countries in 2004. A special attention will be paid to the different structural funds: ( European Regional Development Fund, the European Social Fund, the Cohesion Fund) )and operational Programs decided for the period 2007-2013.
Readings: Baldwin, R.E., François, J.F, Portes R. "The costs and benefits of eastern enlargement: the impact on the EU and central Europe", Economic Policy, 24/April 1997, pp. 127-176; Sedelmeier, Ulrich and Helen Wallace. “Eastern Enlargement.” In Wallace and Wallace, Ch.16; Winkler, Adalbert and Beck, Roland, "Macroeconomic and Financial Stability Challenges for Acceding and Candidate Countries" (July
2005). ECB Occasional Paper No. 48 Available at SSRN: http://ssrn.com/abstract=807425
Session 17: The Economics of enlargement and the Stability Growth Pact-Workshop
Exposé 1 : The enlargement of 2004 : constraints and opportunities Exposé 2: The enlargement of 2007: reaching the limits of the EU? Exposé 3: The accession of Portugal to the EU: a success story?
Session 18: The Role of Regions in the EU.
Session number 21 will examine the extent to which the EU has managed to become an Optimum Currency Area, as developed in the works of Robert Mundell. Criteria such as labor mobility across EU countries, openness associated to prices and wages, and fiscal transfers will be examined in regard to that which has been accomplished so far by the regional policy of the EU. Both the success of the EU to become a fully integrated market and its capacity to maintain its economic status in a time of rapid change at the international arena depends on its capacity to harmonize the European Space.
Readings: Mundell, Robert A. (1961).”A Theory of Optimum Currency Areas”. The American Economic Review 51(4): 657-665; Woolcock, S. (2000), 'European Trade Policy: Global Pressures and Domestic Constraints', in Wallace and Wallace (eds.), Policy-Making in the European Union, 4th edn. (Oxford: Oxford University Press), 373-99; Cappelen, Aadne et al. “The Impact of EU Regional Support on Growth and Convergence in the European Union.” JCMS 41(4; September 2003):621-44.
Session 19: The role of regions in the EU
Exposé 1 : Structural funds in the EU: uses and abuses.
Exposé 2: Does the cohesion policy suffice to develop EU territories?
Session 20 : The Kyoto Protocol: is Europe becoming a Green Economic Giant?
Environment issues has become paramount in the EU economic development strategy. Even though not all industrial sectors are equally affected, due to the specificity of their production processes, new environmental regulation and the extension of Kyoto agreements on greenhouse effects are already transforming production processes and global strategies of all corporate actors within the EU. The very ambitious plan of emissions reductions of the EU at the 2050 horizon represents in this respect a constraint to firms and national member-states, but it also provides a unique chance for the EU to become the avant-garde of the next industrial “green” revolution.
Readings: Economist Intelligence Unit report on the Kyoto Agreements
Maia David et Bernard Sinclair-Desgagné (2005), “Environmental regulation and the eco- Industry”, Journal of Regulatory Economics, Journal of Regulatory Economics; 28:2 141–155,
Wallace W. and Mark A. Pollack (eds.) Policy-making in the European Union. Oxford: Oxford University
Press.2005 p.305-327
Blanchard, Olivier. “The Economic Future of Europe.” Journal of Economic Perspectives, 18(4; Fall
2004):3-26.
Session 21: The Kyoto Protocol: is Europe becoming a Green Economic Giant? Workshop
Sessions 22: The EU and the world economic crisis: financial regulation, environment and growth
This session will explore the consequences that the economic crisis exerted on growth strategies by
European states and the EU as a whole. Are financial regulation and tighter budgetary controls compatible with the “new economy”? Environmental strategies at a global scale demand massive investments in R&D as well as in infrastructure that are not easily met by present conditions: what are the keys to these changes? Can the international financial system fuel such a systemic transformation?
Readings: Dennis Quinn and Carla Inclan, “The Origins of Financial Openness: A Study of Current and Capital Account Liberalization,”: Jeffry Frieden, “Invested Interests: The Politics of National Economic Policies in a World of Global Finance,” International Organization 45 (4), Autumn 1991, 425-451
Session 23: Field Study
Session 24: Final Exams
Required readings:
Baldwin, Richard and Charles Wyplosz: The Economics of European Integration NY: MHP, 2006. Sandholtz, Stone-Sweet. European Integration and Supranational Governance. Oxford University Press,
Oxford, 1998.
Wallace, Helen and William(eds) Policy-Making in the European Union. NY: Oxford UP, 2005. Fifth
Edition.
Brief Biography of Instructor:
Alvaro Artigas is a PhD Candidate in Comparative Politics at Sciences Po Paris. He has been a research coordinator (department EU and the World) for the Foundation Notre Europe and was a research assistant for the European Political Science Network on mapping and funding by the EU. His research interest focuses on economic interest groups and trade liberalization, as well as the EU and EU accession.
Emphasis is placed on the primary European institutions and their role in the new European marketplace. The course focuses on the impact of EU legislation on states, firms, and individuals, the administrative and legal framework of the EU and its connections to national and regional systems, as well as European policies regarding competition and the environment.
Previous course in micro- or macroeconomics
Since IES courses are designed to take advantage of the unique contribution of the instructor and the lecture/discussion format is regarded as the primary mode of instruction, regular class attendance is mandatory. Each student may have no more than one absence in each course for whatever reasons. Your final grade in the course will be reduced by one fraction of a grade (i.e. A becomes A -) after that.
By the end of the course, students are able to:
Lectures illustrated by examples, case Studies and PPT presentations
Oral Presentation(s) (30%); article presentation (10%); midterm evaluation (20%), final exam (25%); Class Participation and preparation + collective assignments (15%).
Students are expected to be aware of current economic events within the EU through newspapers, economic magazines and journals. Oral presentations are short exposés of 10-15 minutes by groups of two. The article presentation is a critical reading of one of the articles/chapters of the session to be then discussed collectively in class. The policy-memo is a short introduction to one specific subject connected to the session main’s theme.
Session 1: The Political Economy of the EU: understanding the interplay between markets, institutions and societies
This session will serve as an introduction to the Political Economy of the EU. Being both an economic power and a political actor, external observers are frequently confused about Europe today, partly
because of its permanent transformation and entrenched game of power between firms, societies, national constituencies and an emergent European polity. Basic methods and tools of the political
economy literature will be presented in order to facilitate a global understanding these interactions.
Readings: Wallace, “Institutions, Process, and Analytical Approaches” In Wallace, Part I; Alesina, Alberto and Roberto Perotti. A, “The European Union: A Politically Incorrect View” Journal of Economic
Perspectives, 18(4;Fall 2004):27-48.
Session 2: Workshop and introductory methods
Session 3 February 10th : From a free-trade zone to the single market: Europe’s integration by the market
From a free-trade area to a fully fledged common market, the EU has transited a long path. What does this transformation mean in concrete terms? This session will explore some theoretical concepts such as optimal economic areas and comparative advantages in factors endowments to explain the dynamics
behind this evolution and the preconditions necessary to the emergence of economic regionalism . It will also draw on a large body of literature that distinguish the different types of regionalism (Schiff and Winters:1998) and explain the interaction between markets and political institutions. This session will equally confront some IPE insights in order to explain the structural determinants behind market integration. The EU case will be put into perspective with other market-liberalizing associations in the world (NAFTA, APEC, MERCOSUR) in order to provide a thorough understanding of the European case. Assuming that trade between neighbors reduces the likelihood of conflict.
Readings: Caporaso, James and Alec Stone Sweet. 1998. “From Free Trade to Supranational Polity: The European Court and Integration.” In Sandholtz, Stone-Sweet. 1998. European Integration and Supranational Governance; Tsebelis, George and Geoffrey Garrett, “The Institutional Foundations of Intergovernmentalism and Supranationalism in the European Union,” International Organization, Volume
55, Number 2, Spring 2001, pp.357-390.
Session 4: Workshop
Exposé 1: Building the Market: initial stages of market integration after the Treaty of Rome
Exposé 2: Regionalism in the EU compared
Session 5: The Monetary Union: from SME to the Euro.
This session will provide a general historical overview of the evolution of the EU both in terms of positive and negative integration and the concrete impact it had on the emergence of a common monetary policy. It will explore the instruments devoted by European authorities to favor the convergence monetary policies, in terms of law harmonization, creation of incentives to achieve an optimal monetary zone. Special attention will be paid to the coexistence of different monetary regimes in Europe after 1992 with the TEU and its implication on economic growth.
Readings: Tsoukalis, Loukas. "Economic and Monetary Union." In Wallace, Ch. 6; Alesina, Alberto & Summers, Lawrence H. (1993). Central Bank Independence and Macroeconomic Performance: Some Comparative Evidence. Journal of Money, Credit and Banking 25(2): 151-162
Session 6: Workshop
Exposé 1: The SME and the impact on the British Economy
Exposé 2: The road to the EURO: hardships, struggles and efficient integration stages for the Italian economy
Session 7: The European Union and industrial development after WWII: from promotion to regulation
The European Realm exerts a major influence on national industrial decisions since the creation of the EEC in 1948. Significant changes have intervened since the ECSC was launched in 1948 and joint common industrial projects represent an important share of national industrial activities. The EEC and then the EU contributed to this evolution for 50 years combining positive and negative dimensions of both economic and legal integration. This session will explore the instruments devoted by European authorities to enforce the cohesion of markets and to harmonize endowments between countries (cohesion policies, joint-investment industrial ventures, etc.). Part of this evolution has resulted in the
EU developing an extensive regulatory umbrella under which European firms operate today.
Readings: Wallace W. and Mark A. Pollack (eds.) (2005), Policy-making in the European Union, Oxford, Oxford University Press; Levi-Faur, D. (2004) On the 'Net Impact' of Europeanization. The EU's telecoms and electricity regimes between the global and the national in Comparative Political Studies, 37:1 p 3-29
Session 8: The European Union and industrial development after WWII: from promotion to regulation - Workshop
Exposé 1: How pertinent is the notion of a European Industry? Exposé 2: The EADS consortium past and present
Session 9: Economic Policy in the making: between governance and lobbying.
European Interest Representation has gained momentum with the Kallas initiative, aimed at regulating lobbying activities at a European level. European Business Associations have flourished along the way of European institution building, and are today an important everyday partner of important decisions of the economic realm. This session will explore the impact of associations such as Business Europe and the Eurochambers on specific moments of the EU-building process, to illustrate how an infant European polity interact with a multi-level governance system.
Readings: Woll, C. (2006) 'National Business Associations under Stress: Lessons from the French Case', West European Politics 29(3): 489-512; Greenwood, J. and Halpin, D. “The European Commission and the Public Governance of Interest Groups in the European Union: seeking a niche between accreditation and laissez-faire” in Perspectives on European Politics and Society, Vol 8, n°2, 2007,pp190-211
Session 10: Workshop
Exposé 1: Have European Business Associations delivered? Lobby and economic policy making in the industrial sector.
Exposé 2: Going national or European? The case of the German automobile industry
Session 11: Mid-Terms
Session 12: National factor endowments and European Trade Policy
Trade is one of the most well-succeeded policies of the EU both in terms of reach and consensus obtained among national states. Part of the explanation lies in the success of the common market to
generate common market preferences among each national state. However other economic
determinants, such as factor endowments (Rogowski) and increasing scale returns help us understand the reasons behind the capacity of the EU to lead successful negotiations at an international level, resulting into a myriad of bilateral and multi-lateral trade agreements. Part of the session will be devoted to explain the interaction between the EU and its major partners under the premises of WTO negotiations.
Readings: James Alt and Michael Gilligan, “The Political Economy of Trading States: Factor Specificity, Collective Action Problems, and Domestic Political Institutions,” Journal of Political Philosophy 2 (2),
1994, 165-192; Rieger, Elmar. "The Common Agricultural Policy." In Wallace, Ch. 6; Ronald Rogowski, “Political Cleavages and Changing Exposure to Trade,” American Political Science Review 81 (4),
December 1987, 1121-1137.
Session 13: National factor endowments and European Trade Policy-Workshop
Exposé 1: The CAP: constraint or useful negotiation tool on the international trade arena? Exposé 2: The 2001 Steel controversy: US Steel vs EU Steel at the WTO
Session 14: The EU competition policy - From Maastricht to the Lisbon initiative
Competition is one of the major areas of today’s capitalist societies. The EU has generated a very important body of regulations aimed at ensuring competition on national and international operations on the European soil. This session will explore the strategies behind internal market development (strategic goals) and the internal market firms operations, and will examine how the EU competition policy ensures that provisions on mergers and acquisitions, cartels, firms with dominant position are effectively enforced. Finally, this session will show how the Lisbon Strategy has reinforced this trend while paving the way for a "better regulation".
Readings: McGowan, Francis. "Competition Policy." In Wallace and Wallace, Ch. 5; Young, Alasdair R. "The Single Market." In Wallace and Wallace, Ch. 4; Hölscher, Jens and Johannes Stephan. “Competition Policy in Central and Eastern Europe in the Light of EU Accession.” JCMS 42(2; June 2004):321-45.
Session 15: The EU Competition Policy-Workshop
Exposé 1: A critical review of Europe's Competition Policy after Maastricht
Session 16: The Economics of enlargement and the Stability Growth Pact
Even though the EU has successfully become a Single market, member states pursue nonetheless alternative forms of capitalist development. The mid-range theory of Varieties of Capitalism, accounts for those factors intervening in The EU expansion towards EEC countries represented an opportunity for EU countries in terms of investments and the emergence of a larger European market . This session will examine one major instrument of EU positive integration (the Stability Pact in 1993) from the perspective of the enlargement towards Eastern European Countries in 2004. A special attention will be paid to the different structural funds: ( European Regional Development Fund, the European Social Fund, the Cohesion Fund) )and operational Programs decided for the period 2007-2013.
Readings: Baldwin, R.E., François, J.F, Portes R. "The costs and benefits of eastern enlargement: the impact on the EU and central Europe", Economic Policy, 24/April 1997, pp. 127-176; Sedelmeier, Ulrich and Helen Wallace. “Eastern Enlargement.” In Wallace and Wallace, Ch.16; Winkler, Adalbert and Beck, Roland, "Macroeconomic and Financial Stability Challenges for Acceding and Candidate Countries" (July
2005). ECB Occasional Paper No. 48 Available at SSRN: http://ssrn.com/abstract=807425
Session 17: The Economics of enlargement and the Stability Growth Pact-Workshop
Exposé 1 : The enlargement of 2004 : constraints and opportunities Exposé 2: The enlargement of 2007: reaching the limits of the EU? Exposé 3: The accession of Portugal to the EU: a success story?
Session 18: The Role of Regions in the EU.
Session number 21 will examine the extent to which the EU has managed to become an Optimum Currency Area, as developed in the works of Robert Mundell. Criteria such as labor mobility across EU countries, openness associated to prices and wages, and fiscal transfers will be examined in regard to that which has been accomplished so far by the regional policy of the EU. Both the success of the EU to become a fully integrated market and its capacity to maintain its economic status in a time of rapid change at the international arena depends on its capacity to harmonize the European Space.
Readings: Mundell, Robert A. (1961).”A Theory of Optimum Currency Areas”. The American Economic Review 51(4): 657-665; Woolcock, S. (2000), 'European Trade Policy: Global Pressures and Domestic Constraints', in Wallace and Wallace (eds.), Policy-Making in the European Union, 4th edn. (Oxford: Oxford University Press), 373-99; Cappelen, Aadne et al. “The Impact of EU Regional Support on Growth and Convergence in the European Union.” JCMS 41(4; September 2003):621-44.
Session 19: The role of regions in the EU
Exposé 1 : Structural funds in the EU: uses and abuses.
Exposé 2: Does the cohesion policy suffice to develop EU territories?
Session 20 : The Kyoto Protocol: is Europe becoming a Green Economic Giant?
Environment issues has become paramount in the EU economic development strategy. Even though not all industrial sectors are equally affected, due to the specificity of their production processes, new environmental regulation and the extension of Kyoto agreements on greenhouse effects are already transforming production processes and global strategies of all corporate actors within the EU. The very ambitious plan of emissions reductions of the EU at the 2050 horizon represents in this respect a constraint to firms and national member-states, but it also provides a unique chance for the EU to become the avant-garde of the next industrial “green” revolution.
Readings: Economist Intelligence Unit report on the Kyoto Agreements
Maia David et Bernard Sinclair-Desgagné (2005), “Environmental regulation and the eco- Industry”, Journal of Regulatory Economics, Journal of Regulatory Economics; 28:2 141–155,
Wallace W. and Mark A. Pollack (eds.) Policy-making in the European Union. Oxford: Oxford University
Press.2005 p.305-327
Blanchard, Olivier. “The Economic Future of Europe.” Journal of Economic Perspectives, 18(4; Fall
2004):3-26.
Session 21: The Kyoto Protocol: is Europe becoming a Green Economic Giant? Workshop
Sessions 22: The EU and the world economic crisis: financial regulation, environment and growth
This session will explore the consequences that the economic crisis exerted on growth strategies by
European states and the EU as a whole. Are financial regulation and tighter budgetary controls compatible with the “new economy”? Environmental strategies at a global scale demand massive investments in R&D as well as in infrastructure that are not easily met by present conditions: what are the keys to these changes? Can the international financial system fuel such a systemic transformation?
Readings: Dennis Quinn and Carla Inclan, “The Origins of Financial Openness: A Study of Current and Capital Account Liberalization,”: Jeffry Frieden, “Invested Interests: The Politics of National Economic Policies in a World of Global Finance,” International Organization 45 (4), Autumn 1991, 425-451
Session 23: Field Study
Session 24: Final Exams
Baldwin, Richard and Charles Wyplosz: The Economics of European Integration NY: MHP, 2006. Sandholtz, Stone-Sweet. European Integration and Supranational Governance. Oxford University Press,
Oxford, 1998.
Wallace, Helen and William(eds) Policy-Making in the European Union. NY: Oxford UP, 2005. Fifth
Edition.
Alvaro Artigas is a PhD Candidate in Comparative Politics at Sciences Po Paris. He has been a research coordinator (department EU and the World) for the Foundation Notre Europe and was a research assistant for the European Political Science Network on mapping and funding by the EU. His research interest focuses on economic interest groups and trade liberalization, as well as the EU and EU accession.