Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/299177 
Year of Publication: 
2024
Series/Report no.: 
ECIPE Occasional Paper No. 01/2024
Publisher: 
European Centre for International Political Economy (ECIPE), Brussels
Abstract: 
The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory liberalization to counteract the risks of global protectionism and regulatory spirals. A holistic approach, both internally and globally, is crucial to prevent regulatory and subsidy spirals on a global scale. This recalibration is essential to keep global markets open and enhance the EU's own economic and technological competitiveness.
Subjects: 
Globalization
International economy
Protectionism
Foreign trade
Trade barriers
EU countries
World
Document Type: 
Research Report

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