Publications Archive
Guardians of the Global System: What the Transatlantic Economic Partnership Should Give the World, and Why it Might Not Deliver March 01, 2008 / Richard Salt
This paper is an effort to illustrate a number of factors shaping the global political economy, in the hope of generating a long-term foundation for transatlantic cooperation. The first part describes the scale of the challenge by reminding us why globalization generates particular challenges that require international solutions, and why it is so difficult to secure the necessary international cooperation. The second part argues that transatlantic cooperation is likely to be essential, and that the European Union and the United States have a particular responsibility conferred on them by their size and power; noting, however, that significant political obstacles seem, at present, likely to block progress.



