The second edition of European Union Foreign Policy in a Changing World provides a clear introduction to the complexities of contemporary European foreign policy and offers a fresh and distinctive perspective on the nature of the EU’s international identity. Thoroughly revised and expanded, the book explores how and why the EU tries to achieve five core foreign policy objectives: the encouragement of regional cooperation; the advancement of human rights; the promotion of democracy and good governance; the prevention of violent conflicts; and the fight against international crime, including terrorism. In pursuing these goals, the book illustrates how the EU is faced with acute policy dilemmas because the five objectives not only clash with each other, but also with additional policy priorities – such as securing energy supplies or establishing strategic partnerships with key powers. The uniqueness of the EU as a global actor is carefully assessed, and its key policies and the related dilemmas it faces compared with those of other international actors. This well-written and thoroughly researched book will be a valuable resource for undergraduate and postgraduate students of European politics, foreign policy analysis, international relations and related disciplines.

This is the first comprehensive analysis of the Union for the Mediterranean (UfM), launched in 2008 amid great controversy within the European Union. Affected from the start by negative fallout from the failure of Middle East peace initiatives, its inadequacies have been underlined by the popular movement for regime change in the Arab world. Leading experts provide here the first integrated analysis of the significance and shortcomings of the UfM. Beginning with critical questioning of the motives and institutional logics informing this venture, the collection proceeds to analyse its key actors, as well as major policy dossiers such as energy and development. The book explains how and why an initiative aiming to depoliticize Euro-Mediterranean relations in fact proved wide open to political discord, bringing huge disruption to UfM activity. While some aspects are found to have merit, the volume is critical of the way in which EU Mediterranean policy became driven by a narrow range of national interests, lost sight of the political objectives of the preceding Barcelona Process and became overwhelmingly bilateral in approach, at the expense of more ambitious region-building efforts. It concludes by highlighting the need to reform the EU Mediterranean policy framework in the light of the Arab uprisings of 2011. This book was published as a special issue of Mediterranean Politics.

This book offers the first comprehensive assessment of the various internal and external measures undertaken by the European Union to guarantee security of oil and gas supply. It sets out and analyses in a coherent and thorough manner those aspects of EU external policy that are relevant in establishing a framework for guaranteeing energy security for the Union. What makes the book unique is that it is the first of its kind to bridge the gap between EU energy and EU external policy. The book discusses EU policy towards the major oil and gas producing countries of Russia, the Mediterranean and the Persian Gulf at the bilateral as well as regional and multilateral level. It brings together not only the dimensions of trade and investment but also other important aspects of external policy, namely development and foreign policy. The author argues that the EU's energy security cannot be achieved through adopting a purely internal approach to energy issues, but that it is necessary to adopt a holistic approach to external policy, covering efficient economic relations as well as development co-operation and foreign policies towards energy producing countries. The book will be a valuable resource for students of EU law, WTO law or international energy law, as well as scholars and practitioners dealing with energy issues.

This book provides an analysis of the European policy approach to combined heat and power (CHP), a highly efficient technology used by all EU Member States for the needs of generating electricity and heat. European Law on Combined Heat and Power carries out an assessment of the European legal and policy measures on CHP, evaluating how it has changed over the years through progress and decline in specific member states. Over the course of the book, Sokołowski explores all aspects of CHP, examining the types of measures used to steer the growth of cogeneration in the EU and the policies and regulatory tools that have influenced its development. He also assesses the specific role of CHP in the liberalisation of the internal energy market and EU action on climate and sustainability. Finally, by delivering his notions of "cogenatives", "cogenmunities", or "Micro-Collective-Flexible-Smart-High-Efficiency cogeneration", Sokołowski considers how the new EU energy package – "Clean energy for all Europeans" – will shape future developments. This book will be of great interest to students and scholars of energy law and regulation, combined heat and power and energy efficiency, as well as policy makers and energy experts working in the CHP sector.

Based on an innovative theoretical framework combining theories of EU policy making, negotiation and implementation, this comprehensive book examines EU climate and energy policies from the early 1990s until the adoption of new policies for 2030. The authors investigate how the linking of climate and energy concerns in policy packages has facilitated agreement among EU leaders with very different policy ambitions. Employing in-depth studies from a diverse range of energy-economic countries, the book also explores the impact of the implementation of policies on the climate and energy policy framework and the Energy Union initiative. Social scientists and researchers in EU climate and energy policies will find the new empirical data and theoretical approach useful to their work. Students of the social sciences and politics will also benefit from the accessible overview of EU climate and energy policy development. This book will also be of interest to private and public decision-makers looking for explanations for the causes and consequences of EU climate and energy policy development.

Banking Regulation and World Trade Law concerns the legal aspects of the interaction between banking regulation and international trade in financial services. The author studies the internal banking market of the European Union, the liberalisation of financial services trade in the World Trade Organization, the accords of the Basel Committee on Banking Supervision and the European Central Bank. The book focuses on the balancing between banking regulation and international trade law. It discusses discrimination and proportionality in national banking regulation, the allocation of prudential regulation and supervision between home and host country, and international financial law-making. The author questions decentralised/nation-based banking regulation and supervision as a foundation for a sustainable liberalisation of international trade in financial services. The book considers various reforms of the international financial architecture, such as the incorporation of the Basel processes and accords into the WTO system, and the setting up of new international institutions by building on the Basel Committees or the IMF structures. The role of central banking in designing the international financial architecture is also explored: the book reviews the ECB's competence over foreign exchange policy and its function as lender of last resort, and treats price stability, banking soundness and representation as critical concepts. The analysis also reveals that the concept of 'prudential', despite its extensive use in banking regulation, has not been defined with adequate precision. In seeking to delineate the interface between international economic law and banking regulation, Dr Panourgias builds on the rich European scholarship on institutional financial issues and the US interdisciplinary approach to world trade law. He also entertains the notion of international financial law as a distinct field. The book will be of particular interest to those concerned with financial law and international banking.