It is far from certain that joining the Eurasian Customs Union would offer Ukraine the kind of benefits being predicted by Russia

Last month, Ukraine opted against signing an Association Agreement with the EU at the Eastern Partnership summit in Vilnius. As Rilka Dragneva and Kataryna Wolczuk write, Ukraine’s decision has raised the possibility of the country joining the Customs Union between Russia, Kazakhstan and Belarus as an alternative to closer ties with the EU. Assessing the potential benefits the Customs Union […]

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Europe must adapt to the reality that we are living in a world increasingly dominated by Asia

Economic development in China and other Asian countries has an impact on the role of European states in global affairs. Craig J. Willy argues that with the rise of Asian economies, the world is increasingly moving away from the model of free trade championed by Europe and other states in the West. Unless Europe becomes a more cohesive actor which […]

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Book Review: The European Union in the G8: Promoting Consensus and Concerted Actions for Global Public Goods

The early 21st century can be defined by the depth of globalization and connections across continents. This level of integration also brings with it global problems, such as terrorism and the international financial crisis. The European Union in the G8: Promoting Consensus and Concerted Actions for Global Public Goods examines the relationship between two of the most important players in […]

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A Eurozone-wide IMF programme could save both

In past decades, the International Monetary Fund has had a potent reputation, especially in the developing world. In its programmes in Europe, however, the IMF has had to take a back seat to the desires of the European Commission and the European Central Bank, whose policies have thus far been less than successful. In light of this, Sony Kapoor makes […]

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‘Brexit’ talk is already hurting the UK economy

David Cameron has promised to hold a referendum on Britain’s EU membership in 2017. Costas Milas argues that talk of an exit from the EU has been a hugely unnecessary distraction that has led to economic uncertainty and higher borrowing costs. He shows this by plotting the 10-year UK yield together with the Google trends search queries index for “Brexit”. Policymakers […]

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Greece’s increasingly polarised and fragmented party system is at odds with the country’s international position.

Last month, the Democratic Left party left Greece’s coalition government, leaving PASOK and New Democracy with a razor-thin majority and the expectation of fresh elections for the country. Nikitas Konstantinidis argues that Greece’s political system has become much more fragmented in the wake of the crisis, with voters also now paying more attention to populist promises than parties’ ability to […]

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