@article{article_615846, title={THE ROLE OF EU INSTITUTIONS IN COMMON TRADE POLICY: AN ASSESSMENT ON EU-CANADA COMPREHENSIVE ECONOMIC AND TRADE AGREEMENT}, journal={International Review of Economics and Management}, volume={7}, pages={83–104}, year={2020}, DOI={10.18825/iremjournal.615846}, author={Uyar Okcu, Esra and Franchino, Fabio and Arısoy, İbrahim Alper}, keywords={European Union,EU trade,EU institutions,CETA,political economy}, abstract={<span style="font-size:12pt;line-height:115%;font-family:’Times New Roman’, serif;">What are the roles of the European Union (EU)’s
main institutions in common trade policy? To address this question, this study
uses a political-economic approach. The positions of the European Commission,
Council of the European Union and European Parliament on EU-Canada
Comprehensive Economic and Trade Agreement (CETA) are examined. The study uses
content analysis as a research methodology, based on a categorization of values
and economic interests projected by the EU’s contemporary trade strategy “Trade
for All”. Differently from previous studies which use a political-economic
approach to analyze the EU’s external relations with developing countries, this
article makes a contribution to EU trade policy literature by combining a
political-economy perspective with an institutional one to examine a EU trade
agreement signed with a highly industrialized country. Within this context, the
findings reveal that the Parliament and Council are more value-oriented, than
economic interest-oriented. The Commission is instead found slightly more
economic interest-oriented than value-oriented. However, the priorities of
three institutions do not diverge significantly in terms of political economy.
Each institution manages to impose its own priorities on both the
(value-related) normative and (interest-related) material parts of CETA and
agrees on producing a neoliberal economic outcome. </span>}, number={2}, publisher={Gökhan ÖZER}