Europe’s Global Gateway: A New Instrument of Geopolitics
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | https://doi.org/10.17645/pag.v11i4.7098 |
Resumo: | In December 2021, the EU member states agreed on the Global Gateway strategy to mobilize public and private funds of up to €300 billion between 2021 and 2027, to invest in digital, climate and energy, transport, health, education, and research fields. With a geographical focus on Africa, Global Gateway links infrastructure investment projects with condition principles—including democratic values, good governance, and transparency—and catalyzes private investment into EU development financing. Against this backdrop, this study explores why EU member states agreed on this new geopolitical instrument. This piece posits that the confluence of three factors enabled the creation of Global Gateway. First, the EU established this new instrument to counter China’s role as a global infrastructure lender in Africa. Second, Global Gateway was possible through the shift to private investment in multilateral development financing. Equally important for the establishment of Global Gateway was the European Commission’s transformational leadership as an entrepreneurial agent in designing this geopolitical strategy of the EU’s power projection. The conclusion outlines future research avenues and enables readers to consider the wider prospects and caveats of the Global Gateway strategy. |
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Europe’s Global Gateway: A New Instrument of GeopoliticsAfrica; China; entrepreneurial agent; European Commission; geopolitics; Global Gateway; global infrastructure development; private investmentIn December 2021, the EU member states agreed on the Global Gateway strategy to mobilize public and private funds of up to €300 billion between 2021 and 2027, to invest in digital, climate and energy, transport, health, education, and research fields. With a geographical focus on Africa, Global Gateway links infrastructure investment projects with condition principles—including democratic values, good governance, and transparency—and catalyzes private investment into EU development financing. Against this backdrop, this study explores why EU member states agreed on this new geopolitical instrument. This piece posits that the confluence of three factors enabled the creation of Global Gateway. First, the EU established this new instrument to counter China’s role as a global infrastructure lender in Africa. Second, Global Gateway was possible through the shift to private investment in multilateral development financing. Equally important for the establishment of Global Gateway was the European Commission’s transformational leadership as an entrepreneurial agent in designing this geopolitical strategy of the EU’s power projection. The conclusion outlines future research avenues and enables readers to consider the wider prospects and caveats of the Global Gateway strategy.Cogitatio Press2023-11-29info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://doi.org/10.17645/pag.v11i4.7098https://doi.org/10.17645/pag.v11i4.7098Politics and Governance; Vol 11, No 4 (2023): Economic Security and the Politics of Trade and Investment Policy in Europe; 223-2342183-246310.17645/pag.i372reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttps://www.cogitatiopress.com/politicsandgovernance/article/view/7098https://www.cogitatiopress.com/politicsandgovernance/article/view/7098/3525https://www.cogitatiopress.com/politicsandgovernance/article/downloadSuppFile/7098/3278Copyright (c) 2023 Eugenia C. Heldtinfo:eu-repo/semantics/openAccessHeldt, Eugénia C.2023-12-21T16:10:28Zoai:ojs.cogitatiopress.com:article/7098Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T00:40:22.099790Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Europe’s Global Gateway: A New Instrument of Geopolitics |
title |
Europe’s Global Gateway: A New Instrument of Geopolitics |
spellingShingle |
Europe’s Global Gateway: A New Instrument of Geopolitics Heldt, Eugénia C. Africa; China; entrepreneurial agent; European Commission; geopolitics; Global Gateway; global infrastructure development; private investment |
title_short |
Europe’s Global Gateway: A New Instrument of Geopolitics |
title_full |
Europe’s Global Gateway: A New Instrument of Geopolitics |
title_fullStr |
Europe’s Global Gateway: A New Instrument of Geopolitics |
title_full_unstemmed |
Europe’s Global Gateway: A New Instrument of Geopolitics |
title_sort |
Europe’s Global Gateway: A New Instrument of Geopolitics |
author |
Heldt, Eugénia C. |
author_facet |
Heldt, Eugénia C. |
author_role |
author |
dc.contributor.author.fl_str_mv |
Heldt, Eugénia C. |
dc.subject.por.fl_str_mv |
Africa; China; entrepreneurial agent; European Commission; geopolitics; Global Gateway; global infrastructure development; private investment |
topic |
Africa; China; entrepreneurial agent; European Commission; geopolitics; Global Gateway; global infrastructure development; private investment |
description |
In December 2021, the EU member states agreed on the Global Gateway strategy to mobilize public and private funds of up to €300 billion between 2021 and 2027, to invest in digital, climate and energy, transport, health, education, and research fields. With a geographical focus on Africa, Global Gateway links infrastructure investment projects with condition principles—including democratic values, good governance, and transparency—and catalyzes private investment into EU development financing. Against this backdrop, this study explores why EU member states agreed on this new geopolitical instrument. This piece posits that the confluence of three factors enabled the creation of Global Gateway. First, the EU established this new instrument to counter China’s role as a global infrastructure lender in Africa. Second, Global Gateway was possible through the shift to private investment in multilateral development financing. Equally important for the establishment of Global Gateway was the European Commission’s transformational leadership as an entrepreneurial agent in designing this geopolitical strategy of the EU’s power projection. The conclusion outlines future research avenues and enables readers to consider the wider prospects and caveats of the Global Gateway strategy. |
publishDate |
2023 |
dc.date.none.fl_str_mv |
2023-11-29 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://doi.org/10.17645/pag.v11i4.7098 https://doi.org/10.17645/pag.v11i4.7098 |
url |
https://doi.org/10.17645/pag.v11i4.7098 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
https://www.cogitatiopress.com/politicsandgovernance/article/view/7098 https://www.cogitatiopress.com/politicsandgovernance/article/view/7098/3525 https://www.cogitatiopress.com/politicsandgovernance/article/downloadSuppFile/7098/3278 |
dc.rights.driver.fl_str_mv |
Copyright (c) 2023 Eugenia C. Heldt info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
Copyright (c) 2023 Eugenia C. Heldt |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Cogitatio Press |
publisher.none.fl_str_mv |
Cogitatio Press |
dc.source.none.fl_str_mv |
Politics and Governance; Vol 11, No 4 (2023): Economic Security and the Politics of Trade and Investment Policy in Europe; 223-234 2183-2463 10.17645/pag.i372 reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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