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Europe's Economic and Political Integration: Where is the Experiment Headed?
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WEDNESDAY, NOVEMBER 12, 2008

CHICAGO AND THE WORLD FORUM

EUROPE AND THE UNITED STATES: NAVIGATING THE FUTURE

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Europe's Economic and Political Integration: Where is the Experiment Headed?

Senator Jean François-Poncet, member of the Senate and former Minister of Foreign Affairs, France

Senator Jean François-PoncetThe European Union is a daring undertaking: a political and economic union of dozens of independent states that have fought each other more than cooperated in the past. As the EU works to absorb new members, manage the aspirations of applicant states, and simultaneously make its institutions more effective, its future is clouded by recent “no” votes in Ireland, France, and the Netherlands. American interests are also at stake, as the incoming Obama administration charts a fresh course for U.S. relations with Europe amidst calls for a new defense and security pact and as the global economic crisis wreaks havoc on European and American financial institutions. How should the new U.S. president interpret the EU’s policies and its financial role in global markets? Will the EU overcome its current political stalemate, can integration continue, and will the EU form a new political model appropriate for other world regions? Senator Jean François-Poncet explores the obstacles confronting Europe and its partners, suggesting that while the chosen path forward is fraught with difficulty, it leads to a future well worth pursuing.

Jean François-Poncet served as French minister of foreign affairs from 1978-1981. He is currently a member of the French Senate and president of the Senatorial Committee on Regional Planning. He has also served as president of the Senate Economic Committee. From 1958-1961, he was secretary general of the French delegation negotiating the Common Market and Euratom treaties. François-Poncet earned his B.A. from Wesleyan University, his M.A. from the Fletcher School of Law and Diplomacy, and his Ph.D. in economics from the Paris Law School. He is a graduate of the Ecole Nationale d’Administration.

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