Tough times, shifting roles
Examining the EU’s commercial diplomacy in foreign energy markets
Bibliographic Data
| ID | 7314920 |
|---|---|
| Authors | Edward Stoddard (0000-0001-5106-6315, Centre for European and International Studies Research, University of Portsmouth, United Kingdom; and Otto Suhr Institute of Political Science, Freie Universität Berlin, Germany, corresponding author) |
| Year | 2016 |
| Volume | 24 |
| Issue | 7 |
| Pages | 1048-1068 |
| Publication date | 2016-06-08 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of European Public Policy (JOURNAL) |
| Journal identifiers | ISSN: 1350-1763 • E-ISSN: 1466-4429 |
| Publisher | Routledge (PUBLISHER • GB) |
| DOI | 10.1080/13501763.2016.1170190 |
| OpenAlex | W2413382137 |
| Language | EN |
| Citations received | 3 |
| References cited | 24 |
Focusing on the strategically important Caspian region, this article demonstrates how commercial energy diplomacy – political support for foreign-investing businesses – is increasingly conducted at the European Union (EU) level. It explains why member states have delegated this role, despite a general hesitancy to co-operate in foreign energy policy and perceptions of a strong division between diplomacy-based and (EU-favoured) governance-based approaches to external energy policy. To explain this new role (and its limits), this article employs a functional–rationalist framework focusing on the structural demands of a more challenging international energy environment and EU-level supply factors (economies of scale, increased leverage and more neutral/less politicized position of the EU) that help respond to it. Overall, the article examines an important area of increasing EU foreign energy co-operation and demonstrates how energy governance and diplomacy are not necessarily competing approaches, but rather different tools for achieving a more secure investment climate for European companies
Business · Corporate governance · Diplomacy · Economic system · Economics · Energy (signal processing · Energy supply · European union · Foreign direct investment · Foreign policy · International economics · International trade · Leverage (statistics · Management · Political economy · Political science · Politics · Position (finance · European Union Policy and Governance · Global Energy Security and Policy · Law · State Capitalism and Financial Governance
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| Unique citing works | 3 |
|---|---|
| Citations per year | 0.5 |
| Citation span | 2020 - 2024 (5) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |