Brussels Effect

"This book challenges the prevalent view that the European Union is a declining power. It argues that notwithstanding all its challenges, the EU remains an influential superpower that shapes the world in its image through a phenomenon called "the Brussels Effect." The Brussels Effect refers to the EU's unilateral power to regulate global markets. This allows the EU to often set the standards according to which products are built and business is conducted, in Europe and beyond. Without the need to resort to international institutions or seek other nations' cooperation, the EU has the ability…