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A liberal actor in a realist world : the European Union regulatory state and the global political economy of energy

Author: Andreas Goldthau; Nick Sitter
Publisher: Oxford : Oxford University Press, 2015.
Edition/Format:   eBook : Document : English : First editionView all editions and formats
Summary:
This work assesses the changing nature of the global political economy of energy and the European Union's response, as well as the external dimension of the regulatory state. It concludes that the EU's soft power has a hard edge, which is derived primarily from its regulatory power. This works best when it targets companies rather than governments, and it is more effective in the 'near abroad' than at the global  Read more...
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Details

Genre/Form: Electronic book
Additional Physical Format: Print version
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Andreas Goldthau; Nick Sitter
ISBN: 9780191788673 0191788678
OCLC Number: 919190715
Description: 1 online resource : illustrations (black and white)
Contents: Introduction : the European Union and the changing international political economy of energy --
The changing international political economy of energy --
The EU regulatory sate and energy security --
Oil markets : dealing with global market failures --
Gas markets : dealing with market failures and asymmetric power in the near abroad --
The carbon challenge : dealing with the externalities of energy markets --
The long reach of the regulatory state : "regulatory power Europe" --
Conclusion : a liberal actor in a realist world.
Responsibility: Andreas Goldthau and Nick Sitter.

Abstract:

This work assesses the changing nature of the global political economy of energy and the European Union's response, as well as the external dimension of the regulatory state. It concludes that the EU's soft power has a hard edge, which is derived primarily from its regulatory power. This works best when it targets companies rather than governments, and it is more effective in the 'near abroad' than at the global level. This makes the EU emerge as an actor in its own right in the global political economy of energy - a 'regulatory power Europe'.

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