Democratization of good global governance: the EU's role in the parliamentarization of trade policy

Wolfgang Weiss

Chapter 13 in Understanding the EU as a Good Global Actor, 2022, pp 227-244 from Edward Elgar Publishing

Abstract: The quest for good governance in trade relations occurs against the backdrop of an increasing politicization of trade policy. In the new reality of global value chains and servitisation, regulating trade goes far beyond technical issues of reducing entrance barriers, border measures and tariffs, but becomes a comprehensive endeavour of scrutinizing and policing behind-the-border political issues. Therefore, a call for raising the legitimacy of trade policy formulation and implementation rises. Hence, parliamentarisation of trade policy is ever more necessary. The EU´s constitutional development and its practice in trade policy is a good example for more parliamentary involvement, which strengthens trade policy´s legitimacy, transparency, and public awareness. Thus, the EU indeed is, despite all weaknesses, a pacemaker and hence good global actor to the benefit of democratisation of global trade governance, being an essential factor of good governance.

Keywords: Economics and Finance; Environment; Law - Academic; Politics and Public Policy Sustainable Development Goals (search for similar items in EconPapers)
Date: 2022
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