Publications Elcano Royal Institute, Summer 2014

Logo ElcanoGabriel Siles-Brügge, ‘Race to the bottom’ or setting global standards? Assessing the regulatory impact of the Transatlantic Trade and Investment Partnership (TTIP). ARI 42/2014 – 19/9/2014. This study considers the likely regulatory impact of the proposed EU-US Transatlantic Trade and Investment Partnership (TTIP) in three key policy areas: investor protection, public services and food safety. More information here.

Sebastián Royo, After austerity: lessons from the Spanish experience, WP 11/2014 – 11/9/2014. This working paper seeks to provide an overview of Spain’s evolution since its transition to democracy and to explain its economic collapse after 2008. More information here.

Miguel Otero-Iglesias and Kristina Lani, Coverage of the Commission President candidates in the Spanish media shows the Spitzenkandidaten process had a wide reach across Europe, 11/9/2014. The Spitzenkandidaten campaign was as much present in Spain as it was in Germany and far more visible than in the UK. More information here.

José M. de Areilza, A tale of two cities: the next European Utopia, WP 10/2014 – 4/9/2014. The European Union must be reformed by placing emphasis on the material restriction of its powers, on politics and democracy at the European level, and on taking steps to make the Union an effective global actor. Based on these three axioms, it is possible to generate a new European ideal. More information here.

William Chislett, Erdogan, Turkey’s new sultan? Expert Comment 55/2014 – 11/8/2014. The victory of Recep Tayyip Erdogan, Turkey’s prime minister for the last 11 years and an increasingly authoritarian and polarising figure, in the first round of the country’s first presidential election by popular vote, marks a significant turning point in the political life of a nation that has been a sluggish EU candidate since October 2005. More information here.

William Chislett, Spain turns the corner, but the legacy from the crisis persists, WP 9/2014 – 5/8/2014. The programme of reforms and austerity measures has set Spain on a path of accelerating growth, but the legacy from the crisis remains profound. More information here.

Maria García and Clara Portela. How to boost Spain’s business presence in Singapore: opportunities in the wake of the Free Trade Agreement with the EU, ARI 40/2014 – 5/8/2014. This study examines the prospects for increasing Spain’s business presence in Singapore, with a particular focus on the improvements foreseen in the Free Trade Agreement that the Asian city-state has signed with the EU. More information here.

Miguel Otero-Iglesias, Germany and political union in Europe: nothing moves without France, WP 8/2014 – 4/8/2014. This working paper attempts to understand why after decades proposing the creation of a political union to make European Monetary Union (EMU) sustainable, Germany has not used the window of opportunity offered by the Eurozone crisis to pursue this goal more vigorously. More information here.

William Chislett, Net job creation finally arrives in Spain, Expert Comment 52/2014 – 25/7/2014. Spain’s accelerating economic recovery is finally feeding through to job creation. In the 12 months between June 2013 and 2014, 192,400 jobs were created – the first year-on-year rise since 2008 when the economic crisis ended a 13-year period of strong growth and the country went into five years of decline after the bursting of a debt-fuelled property bubble. More information here.

Park Hee-kwon, Chinese president’s visit to South Korea: an extraordinary milestone in bilateral ties, Expert Comment 50/2014 – 25/7/2014. The geopolitical plate of the Northeast Asian region is going through important shifts. At the heart of tensions is a trust deficit. However, it is worth to pay attention to Chinese President Xi Jinping’s state visit to the Republic of Korea (ROK) from July 3 to 4 this year, which shows sincere willingness to improve the bilateral relationship between ROK and China. More information here.

Ambassador R. Viswanathan. India and Latin America: a new perception and a new partnership, ARI 37/2014 – 22/7/2014. A new paradigm of both perception and of growth in the relations between India and Latin America is emerging, that should lead towards a longer-term partnership. More information here.

Miguel Otero-Iglesias, The BRICS New Development Bank: a historic game-changer? Expert Comment 48/2014 – 17/7/2014. Following two years of intense negotiations, the BRICS leaders agreed on 15 July 2014 in Fortaleza (Brazil) to launch the New Development Bank (NDB). This is a significant (and therefore not to be underestimated) step in their efforts to build a less crisis-prone international financial system. More information here.

William Chislett, Turkey: Erdogan to run in first direct presidential election, Expert Comment 45/2014 – 2/7/2014. Recep Tayyip Erdogan, Turkey’s prime minister for the last 11 years and an increasingly authoritarian and polarising figure, will, as expected, run in the country’s first direct election for the presidency on 10 August. More information here.