The EU Constitutional Treaty and International Trade
THE RISE AND FALL OF THE EU'S CONSTITUTIONAL TREATY, F. Laursen, pp. 25-50, Brill/Nijhoff, Leiden, 2008
26 Pages Posted: 23 Apr 2008
Date Written: 2008
The European Community (EC) has faced serious criticism for not being democratic enough in its trade policy-making. Major adaptations were made to EC legislation after the conclusion of the World Trade Organization (WTO) Agreements in 1994 to cope with the changes made to the world trade agenda. Yet dealing with an efficient policy-making and, at the same time, being democratic in its approach has proven to be quite a task for the EC. This chapter explains in a comprehensive manner the latest developments of European Union (EU) law, which have proposed a more efficient and democratic approach to EC trade policy-making with the creation of the EU Constitutional and Lisbon Treaties. In addition, the chapter will analyze whether these changes will suffice for an optimum trade policy-making in the EU.
Keywords: EU Constitution, international trade, efficiency, accountability, democratic deficit
JEL Classification: K33
Suggested Citation: Suggested Citation