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The EU's Choice of Regulatory Venues for Trade Negotiations: A Tale of Agency Power? *
Author(s) -
ELSIG MANFRED
Publication year - 2007
Publication title -
jcms: journal of common market studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.54
H-Index - 90
eISSN - 1468-5965
pISSN - 0021-9886
DOI - 10.1111/j.1468-5965.2007.00754.x
Subject(s) - negotiation , agency (philosophy) , commission , hierarchy , principal (computer security) , autonomy , divergence (linguistics) , preference , european commission , power (physics) , political science , business , international trade , law and economics , european union , public administration , economics , law , sociology , microeconomics , computer security , computer science , social science , linguistics , philosophy , physics , quantum mechanics
This article focuses on the EU's strategy for choosing regulatory venues to negotiate trade agreements. It analyses the existence of a clear venue hierarchy since the late 1990s and the recent change leading to a blurring of any clear preference for using bilateral, inter‐regional or multilateral settings. The article challenges domestic explanations of the EU's choice of venue, stressing the autonomy of the Commission as a major factor. Using a principal‐agent framework, it shows that the Commission's agenda‐setting powers, the existence of interest divergence among principals (e.g. Member States, business groups) and the multi‐level system facilitate agency.
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