The EU is the largest economic block by any measure. It has the greatest voting power in all multilateral institutions. It is, therefore, in a better position to shape the global macro-economic and political framework for national development policies. Nevertheless, the power of the EU has not been translated into real political influence.
Consultant Mirjam van Reisen examines the reasons for this lack of influence of the EU in shaping conditions conducive to development. It is argued that the EU could, and should, take greater responsibility for poverty eradication by creating a macro-economic and political framework for sustainable social development. Based on thorough analysis of the development policies and practices of the EU, and related policies, such as trade and investment, she offers concrete proposals as to how EU North-South policies can be made more effective.
By placing the objective of a coherent European North-South policy higher on the political agenda, and through a radical reform of the Common Agricultural Policy, more consistent policies can be achieved which determine the overall economic framework for developing countries.