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Content archived on 2024-06-18

Politics, Economics and Global Governance: The European Dimensions

Objective

The long-standing US-EU partnership and dominance of a range of international institutions (IMF, World Bank, Security Council, etc.) is rapidly breaking down under the impact of shifting interdependencies and power relationships. In this sense, global economic governance is at a crucial crossroads. If a more complex and multi-polar world is now emerging, interwoven with bilateral agreements and a proliferation of regional efforts of uncertain outcome and dimensions, it is unclear how co-operation will be organised in the future and by whom. Global economic governance is riddled with worrisome uncertainties, yet this offers clear opportunities for an alliance between scholars pushing the bounds in terms of analysis, and EU policy entrepreneurs in terms of action. Europe must play a major part in the reform and reinforcement of global governance mechanisms, but in order to do so the EU requires a clear definition of its self-interest, a correspondingly clear sense of purpose and objectives, and the internal coherence and institutional capacity to exercise leadership. Now is the time for Europe to project a vision of how the global system should evolve, and to act. The project begins with five research domains: i) macroeconomic adjustment and governance; ii) the integration of markets for finance and investment; iii) the integration of markets for trade in goods and services; iv) migration and the mobility of labour; v) environmental governance. hese are questions where a combined analysis by political scientists and economists is necessary if workable and real-world policy solutions are to be developed and prevail. Ultimately, the legitimacy of global governance depends on input and representation in the decision-making process of global governance, and on the output or policy outcome in terms of growth, distribution, and compensation for the losers.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP7-SSH-2007-1
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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

CP-IP - Large-scale integrating project

Coordinator

INSTITUT DE HAUTES ETUDES INTERNATIONALES ET DU DEVELOPPEMENT
EU contribution
€ 280 002,00
Address
RUE DE LAUSANNE 132
1211 GENEVE
Switzerland

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Activity type
Higher or Secondary Education Establishments
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data

Participants (6)

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