A Stronger Role for the European Parliament in the Design of the EU’s Investment Policy as a Legitimacy Safeguard

Abstract

Since the Treaty of Lisbon, the European Commission has designed an innovative investment policy, leaving in the shadows another powerful actor. And yet, in the post-Lisbon era, the European Parliament enjoys extensive powers in the formulation of the EU’s investment policy.

Note: “Catharine Titi, ‘A stronger role for the European Parliament in the design of the EU’s investment policy as a legitimacy safeguard,’ Columbia FDI Perspectives, No. 209, September 25, 2017. Reprinted with permission from the Columbia Center on Sustainable Investment (www.ccsi.columbia.edu).”

Keywords: European Commission, investment policy, Treaty of Lisbon, international investment law, common commercial policy, European Parliament, EU investment agreements, EU investment negotiations, IIAs

JEL Classification: F02, F13, F21, F53, K41, K39, K40, K10, K33, K49, K12, K19, K20, K29, H70, E22, H87, F50, F52