Ülo Ennuste Economics

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A Review

Short Review

András Inotai: Impact of the Global Crisis on EU–China Relations: Facts, Opportunities and Potential Risks – “Baltic Journal of European StudiesVol. 1, No. 2 (10) September 2011 pp 7-33 (http://www.ies.ee/iesp/No10/bjes_no10.pdf)

  In September 2011 András Inotai (d.h.c of the IUA 2007) delivered the d.h.c. Speech at the Tallinn University of Technology – in one section of the Speech he covered also the core conceptions of the referenced essay paper:

While focusing on the financial sector’s sustainability, drawing up the EU 2020 project and, as a result of the finally ratified Lisbon Agenda, working on future responsibilities within the EU bureaucracy, little attention and energy were paid to the necessity of elaborating a global strategy for the EU, with particular regard to the unfolding G-20 cooperation in general, and the very special G-2 contacts between the USA and China, in particular. As a result, and despite the continuous emphasis on „multilateralism”, the EU is threatened to be (self-)excluded from the emerging basic fora that are expected to shape the future of the international system. The underlying reason is by far not only the lack of intra-EU coordination and a common position in various areas of the international arena but, more importantly, the still surviving „supremacy” and self-complacency feeling and attitude of selected (mainly ex-colonialist) EU member states. As a consequence, we do not know about any EU-level project or proposal concerning the long-term role of the IMF or the EU’s active role in and genuine contribution to the post-crisis new world order. Although the traditional „teachers’ role” to some emerging countries (mainly China) started to change as a result of recognizing rapidly shifting geopolitical and economic realities, old reflexes are hard to die (such as „hidden protectionism” widely practised during the crisis not in form of trade barriers but in the context of state subsidies, stronger rules to control immigration, increasing nationalism, etc.).”

This conceptual basis brings András Inotai to his detailed policy prescriptions, risks and dilemmas on EU-China relations that he forcefully and lucidly explains and his rigorous and yet non-technical stile should assure a readership of this narrative spanning from academics to politicians.


September 16, 2011 - Posted by | Uncategorized

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