Commentary: Economic Crisis
What does the crisis mean for Europe - its member states,
institutions and policies? How can the EU protect, and expand, its
project during the crisis? How can Europe use the economic crisis to
push for common solutions to global problems?
The economic crisis has hit Europe hard. ECFR's experts have been
analysising what the crisis means for the future of the EU's foreign
policy and global outlook.
ECFR's work on the crisis
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- ECFR's Berlin office held a high level meeting on 7 May,
dealing with many of the issues posed by the economic crisis. For more
information on this event, please click here.
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Mark Leonard presented his paper, EU-Russia relations: Is the global economic crisis another false opportunity? at an experts seminar on EU policy on Russia on 23 April 2009.
- ECFR and Asia Centre published the March edition of China Analysis: China and the global crisis: Will Beijing be part of the solution?.
See more examples of ECFR's work on the economic crisis in the below commentary pieces.
Why the euro will continue to weaken
We have always known a monetary union cannot exist without political union in the long run.
Has the EU escaped a Chinese rescue?
There is one worrying element to Greece’s financial tragedy that people seem to have forgotten: Greece first turned to Beijing for help.
Europe needs to show it has a crisis endgame
The eurozone must end its fiscal ambiguity.
What did we really learn from the economic crisis?
All we have really done is change the decision-making body, while the causes and symptoms of the financial crisis remain unchecked.
Open letter: the state of the Latvian economy
An open letter on the Latvian economic crisis, signed by ECFR members, including Martti Ahtisaari, Mark Leonard and George Soros.
Asia-Pacific security in the context of global economic crisis
The world crisis and its impact on Asian regional integration and economic security: An article for the Asia-Pacific Security Forum 2009.
Iceland in the EU? Yes, but….
The Icelandic application for EU membership is a little bit special: propelled by the economic crisis, the EU’s eagerness will annoy other potential accession states.
Short-termism in the long run
Europe should be a model for liberals the world over. But today, Europe is increasingly characterised by fear.
Co-ordination is key to G8 success
Enlarged G8 summits are proving to be inefficient and the EU bears much of the blame.
Rescue plans
The economic crisis has highlighted the lack of respect member states have for the European Commission.
An open letter to EU leaders
Ahead of the G20 summit, ECFR calls on EU leaders to show the vision and leadership to develop a coordinated position on the financial crisis.
The hour of Europe
A clear message must be sent to those who are doubtful about the EU’s worth: we are in this together.
Peripheral care should be the central concern
Unless the G20 summit comes up with practical measures to support the less developed countries, markets are going to suffer another sinking spell.
More trouble ahead
Endless political infighting and the economy in the doldrums - as if the gas dispute weren’t bad enough, Ukraine is lurching from one crisis to another.
What does the financial crisis mean for EU foreign policy?
The financial crisis has implications far outside the finance and economic sectors. What does it mean for the EU’s foreign policy?
Latest Publications
China shapes its post-crisis economic agenda
The latest issue of China Analysis looks at Beijing’s willingness to strengthen international economic governance, and its authors argue that much thinking in China seems to focus on the short term
China and India: rivals always, partners sometimes
The authors of the latest issue of China Analysis argue that Western concerns over “Chindia” - the emergence of a Sino-Indian economic power bloc or strategic alliance - may be unwarranted.
Towards a post-American Europe: A Power Audit of EU-US Relations by Nick Witney & Jeremy Shapiro
Europe has the US president it wished for, but does Barack Obama have the strong transatlantic partner he wants?
Can the EU rebuild failing states? A review of Europe’s civilian capacities.
Have broken promises and treating Afghanistan, DR Congo and Iraq like Bosnia left the EU without the capacity to prevent fragile states from becoming failing states?
What does Russia think?
ECFR publishes a collection of views from key Russian intellectuals.
The EU and human rights at the UN: 2009 annual review
The EU’s ongoing loss of influence at the UN is putting lives at risk, argues the author of ECFR’s latest paper.
China’s response to the G2
Fears in Europe that China works to lock the US into a “G2” embrace so as to dominate the global agenda do not reflect Chinese experts’ current strategic thinking.
European and Russian power in the troubled neighbourhood
Is a complacent strategy that focuses on gradual change rather than crises losing the EU its battle with Russia for influence in the eastern neighbourhood?
Beyond the “War on Terror”
The EU has an opportunity to influence President Obama’s efforts to reform US counterterrorism policy
A Power Audit of EU-China Relations
China is exploiting the EU’s divisions and treating the 27-state bloc with “diplomatic contempt” on issues ranging from trade to the Dalai Lama.
Shaping Europe's Afghan Surge
Will the military surge in Afghanistan fail without a civilian surge?
Re-wiring the US-EU relationship
With the pivotal change of leadership in Washington, the US and the EU may have an ideal moment to strengthen the US-EU institutional bond.
Beyond dependence: How to deal with Russian gas
Could building a single European market in natural gas be the most effective strategy for the European Union in countering Russia’s divisive energy diplomacy?
Promoting democracy abroad - the EU's record
In a joint research project with FRIDE, ECFR looks at the EU’s record in Azerbaijan, Belarus, Ukraine, Jordan, Lebanon and Morocco.
Is the EU a global force for human rights?
The EU’s leverage to promote human rights through the UN has dramatically declined over the last decade, our exclusive report reveals.
Can the EU win the peace in Georgia?
This authors analyse the background and developments in the Russia-Georgia conflict and outline recommendations on how to prevent wider political fallout.
Re-energising Europe's Security and Defence Policy
European governments cannot afford to move at the speed of the slowest, argues Nick Witney, and should push for a ‘multi-speed’ Europe on ESDP
In the Press
The Kyiv Post - 11 Mar 10
A piece on the EU and Ukraine, quoting Wilson and Popescu’s recent report.
The Prague Post - 10 Mar 10
Korski: “The Anglo-American strategy in Afghanistan has hit an absolute low mark.”
Reuters - 08 Mar 10
Daniel Korski on what lies ahead for Baroness Ashton.
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