Bulletin n. 1/2012 | ||
June 2012 | ||
Attila Ágh |
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Global Governance and Integrative Balancing: EU Efforts to Respond to the Global Challenge | ||
in Global Policy , Volume 3, Issue 2, May , 2012 , 145–153 | ||
In the early 21st century globalisation has radically transformed the whole world. In the rapidly globalising world the main issue for the EU is globalisation-cum-regionalisation, namely to increase policy cooperation with its own neighbourhood to strengthen its global position and to avoid systemic failure in its partner countries by offering them a win-win game through regional organisations. Globalisation has unleashed the process of regionalisation at various levels, so restructuring the political space around the globe. New territorial units have been organised in order to be able to withstand the pressure of globalisation, and to be more effective in the global competition that has also generated the need for global governance. The basic principle in the recent regionalisation efforts by the EU is ‘integrative balancing’, empowering unequal external partners through meaningful cooperation. In this spirit the EU has recently transformed its global policy in both aspects of globalisation-cum-regionalisation. It has accelerated common institution building with neighbouring states. The EU has also established an active cooperation framework with the newly emerging global powers as ‘strategic partners’. Altogether, the European Council concluded in October 2010 that ‘wider governance reform should be delivered’ in the EU’s global policy | ||