European Union’s foreign economic policy in the face of the new challenges: models, goals and interests

The article presents the outcomes of the research concerned the issue of the European Union’s foreign economic policy, as well as its models and instruments. The EU applies various approaches in relations with third countries, that is determined by differences in aims it intends to achieve in every...

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Bibliographic Details
Main Author: Aleksy Mołdowan
Format: Article
Language:deu
Published: Wydawnictwa Uniwersytetu Warszawskiego 2019-11-01
Series:Przegląd Europejski
Subjects:
Online Access:http://przegladeuropejski.com.pl/gicid/01.3001.0013.5820
Description
Summary:The article presents the outcomes of the research concerned the issue of the European Union’s foreign economic policy, as well as its models and instruments. The EU applies various approaches in relations with third countries, that is determined by differences in aims it intends to achieve in every specific case. The EU acquis constitutes only general framework of the European Union’s foreign economic policy, that results in disorderliness and incoherence of European Union in relations with third countries. The Author identified key determinants, that actually shape current models of the European Union’s foreign economic policy towards various groups of states. Significant problems and failures have been found. Analysis carried out in the article leads to the conclusion that current models and instruments of foreign economic policy, used by the EU, are not sufficiently efficient and often do not allow to meet new challenges effectively. New approaches and solutions have been proposed by the Author can help to improve the foreign economic policy of the EU and to adjust it to the contemporary global challenges.
ISSN:1641-2478
2657-6023