![]() ![]() In the early 2010s, a crisis-hit EU turned to many, often subtle, forms of protectionism. In more recent times, the EU has sought to keep the WTO functioning as various of its procedures have atrophied. The union supported multilateral trade accords, the creation of the World Trade Organization (WTO), and the gradual widening of the trade agenda. Over many decades, the EU was a powerful force in extending international trade. A difficult and unresolved question is whether the EU’s strategy amounts to a qualitative rewiring of globalization or simply a preference for less globalism. If anything, the EU has moved in the other direction of a more competitive globalism, trying to craft a globalization more tightly attuned to its own concerns. Despite much European rhetoric about more equitable globalization, the EU’s rejiggered priorities do not constitute a form of globalization aimed at mutually beneficial problem solving or the kind of rebalancing sought by most other states around the world. However, it is also an approach tailored more closely to the union’s immediate interests. ![]() To some extent, this EU approach echoes analysts’ calls for more measured forms of globalization. European leaders and policymakers insist this is not a repudiation of globalism as such but an effort to take more strategic control over its contours. A dominant narrative of European sovereignty and autonomy has started to imbue EU approaches to globalization with a different tone. The central thread is an aim to combine global dynamics with a reassertion of sovereign control over key areas of international policy. Yet, the broad outlines of a recalibrated strategy have begun to appear. The EU’s emerging approach to rewired globalization is not yet fully defined the bloc is in the midst of rethinking many of its global policies, and its internal debates are still lively and unresolved. However, in recent years, the EU’s efforts to steer globalization in particular political directions have intensified. This is the area in which the EU sees itself as making the biggest contribution internationally and reflects a conceptual preference for regulated globalism. The union has had a major influence over the regulations that provide global governance frameworks. Indeed, European integration was partly about harnessing globalization and partly about containing it. A narrative of taming globalization has long been at the forefront of the EU agenda. ![]() The EU has never seen itself as supporting unchecked, laissez-faire globalism. The EU has increasingly questioned many elements of globalization for which it was partly responsible in earlier decades. This is significant because many European governments and the EU collectively played important roles in shaping globalization their policies over many years help explain why the phenomenon took on the characteristics it assumes today. The bloc’s focus on reforming key elements of globalization is not new, but it has intensified in the last decade. The European Union (EU) has demonstrated a growing concern in recent years with rewiring globalization. ![]()
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