EU European Union Model for Future Global Standards and Regulation
The EU European Union has attracted much criticism and pessimism on its future, mostly by outsiders and e.g. the Anglosphere with Brexit, being encouraged by ideologues and selected corporate entities plus donors, in the US, with libertarian economic interests trying to avoid constraints of trade blocs like the EU.
In fact, according to the following essay by Ullrich Fichtner with excerpts and overview from Der Spiegel magazine, and keeping in mind the local, regional, national and global positives, often via the ‘Brussels Effect’, the EU should have a both an economically and socially productive future; this essay should be compulsory reading for decision makers in the Anglo world.
‘From Brussels to the Rest of the World – How Europe Became a Model for the 21st Century
An Essay by Ullrich Fichtner
Despite its long list of crises in recent years – including the most recent vaccine snafu – the European Union has become a global pacesetter. Its laws and regulations have established global norms. This has made the bloc a 21st century model.
I. Dog Whistling the EU, Europe and the Continent
………The Continent has been portrayed as a barren mountain range of EU summits, as a garbage dump of files, as a befouled land of plenty with lakes of milk and wine. Europe in caricature is a house of cards, a ramshackle home, a burning hut, a crumbling temple. It is always in ruins……
……the EU often looks as broken as its worst enemies describe it. Cyprus single-handedly blocking European sanctions against the Belarusian dictatorship. The governments of Hungary and Poland ruthlessly undermining the rule of law. Agonizing negotiations on a common refugee policy for the Continent repeatedly concluding in shabby nothingness. A common agricultural policy – one that has been wrong for decades – cemented once again. The procurement of coronavirus vaccines descending into acrimonious, backbiting chaos, fueled by the national interests of 27 member states. In our imaginations, that is truly not what a global power looks like.
II. The EU Continues
There have been several times in the past 10 or 12 years that the EU has been so close to the abyss that the fall seemed inevitable. The great financial crisis of 2007 and 2008 became the Greek crisis and a European sovereign debt crisis. Significant doubts were raised about the basic structures of the federation of nations – and they weren’t just coming from the right-wing populists emerging across the Continent. Financial crises became identity crises and refugee crises spiraled into existential crises. In 2016, the decision by the British to leave the EU seemed like the final nail in the coffin of a historic experiment that the peoples of Europe never learned to love.
That the situation has since become less fraught is not least due to the fact that Brexit, by not destroying it, has actually saved the EU for the time being…..
III. Top Three Global Market
……. In terms of the EU and its 27 members, it doesn’t really matter which metric you apply: It always ranks among the top three in the world by all criteria. It is even ahead of the United States in many fields and will be able to outperform China in many respects for decades to come.
The EU is the most important export market for the U.S., India, South Africa and Russia. It is the second-largest market for China and Brazil and the third largest for Japan and South Korea.
IV. Brussels Effect on Global Standards
Every day, miraculous things are happening around the globe of which most Europeans take no notice. Technology companies in California build their devices according to EU regulations….. ……. Regional blocs of countries in South America are organizing themselves along the lines of the EU. Laws drafted in Europe are adopted almost verbatim into national law in countries around the world…..
…..Europe’s view of data protection, as laid out in the General Data Protection Regulation (GDPR), has quickly become a global standard that no company and no country can ignore….. America’s 500 largest companies are continually spending billions of dollars to implement EU rules, and the situation is no different for the largest Asian, African and South American companies. The smartest among them are already working to reduce their carbon emissions, with an eye on the “carbon tax,” that the EU has been working on for years.
These examples lead to the equally unbelievable and correct conclusion that globalization today is actually a “Europeanization”………
V. Good EU and Global Standards and Regulations
A global player like today’s Europe has never existed in this form in the history of the world. By regulating the affairs of its internal market step by step, the EU is formulating globally effective standards along the way. Whether it’s chemicals, hazardous waste, hormone-treated meat, electronic waste, emissions standards, animal testing, antitrust, privacy, crop protection, competition or air pollution control – the EU is always somehow already there.
It sets standards and criteria worldwide based on scientific findings and equipped with recognized scientific, legal and also moral competence – even in areas where, by law, it would actually have no say. It’s not a stretch to say that the European Union makes the world a little bit better every day, a little bit cleaner, a little bit healthier, safer and more sustainable…..
VI. Smart Power
The distinction between a “soft” and “hard” power originates from Joseph Nye, the Harvard professor ……… hard power is an absolute necessity, but adds that military power is a blunt instrument. For today’s powers, he wrote, the point is to combine soft and hard power to create “smart” power.
Nye argues that missiles and warships don’t help fight global warming, protect privacy or regulate banking……
VII. Foreign Policies
The current EU high representative for foreign affairs, Josep Borrell of Spain, has compared today’s EU foreign policy with the introduction of the euro, when – for a time – the old national currencies existed side-by-side with the new European currency. For the moment, Borrell told the Frankfurter Allgemeine Zeitung newspaper shortly before taking office a little over a year ago, EU foreign policy must coexist with national foreign policies. The point, though, is that the intersections will grow over time….
VIII. Future of the EU
Around 20 years ago, professors from Germany and elsewhere issued incessant criticism of the euro and the appalling consequences it would have for the prosperity of everyone in Europe. Now that the euro has established itself as the world’s second-most reliable hard currency, it is a position that has been essentially abandoned today.
Nor has the eternal fear of a Brussels kraken sucking all the democracy out of the member states borne out. And despite myriad predictions of the EU’s demise, that hasn’t happened either….
…..But the European Union – and in this sense it is a lot like the United Nations – is often only scrutinized for its shortcomings. The EU is frequently judged solely on its ability to act quickly and too rarely on its ability to pursue a goal step by step, with calm and perseverance. And people also often forget that the EU is a federation of 27 countries. When they are united, Europe is strong. When they disagree, even the best EU is of little help.
In the long term – meaning years and decades – the EU will be judged by whether it achieves its objectives, and it only ever sets grand goals for itself. Preserving peace, saving the world’s climate, ending the destruction of nature, protecting people, increasing prosperity, improving lives, seeking happiness.….’
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