Europe and the management of globalization

Wade Jacoby · Sophie Meunier

119 citations0/0 files storedJournal of European Public Policy

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European Union Policy and Governance Social Policy and Reform Studies Globalization and political ideologies

Abstract

European policy-makers often speak of their efforts to ‘manage globalization’. We argue that the advocacy of managed globalization is more than a rhetorical device and indeed has been a primary driver of major European Union (EU) policies over the past 25 years. We sketch the outlines of the concept of managed globalization, raise broad questions about its extent, and describe five major mechanisms through which it has been pursued: (1) expanding policy scope; (2) exercising regulatory influence; (3) empowering international institutions; (4) enlarging the territorial sphere of EU influence; and (5) redistributing the costs of globalization. These mechanisms are neither entirely novel, nor are they necessarily effective, but they provide the contours of an approach to globalization that is neither ad hoc deregulation nor old-style economic protectionism.

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References

2005The World Is Flat: A Brief History of the Twenty-First Century 1999The Lexus and the Olive Tree 2006The world is flat: a brief history of the twenty-first century 2003Globalization in question 2017The Lexus and the Olive Tree: Understanding Globalization 1997Globalization in question 2001Is Globalization Civilizing, Destructive or Feeble? A Critique of Five Key Debates in the Social Science Literature 1982Rival Interpretations of Market Society: Civilizing, Destructive, or Feeble?

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