European Green Agenda Cover Image

Европска зелена агенда
European Green Agenda

Author(s): Duško Dimitrijević, Nenad Vasić
Subject(s): EU-Legislation
Published by: Институт за међународну политику и привреду
Keywords: EU;economic crisis;"European Green Plan";"The next generation of the European Union";"green economy"

Summary/Abstract: With the outbreak of the Covid-19 pandemic, the danger of the erosion of the international economic order has increased significantly. Numerous hybrid threats, along with the negative and multidimensional “domino effects” of the latest use of force in Ukraine, threaten to threaten the main features of existing life on Earth, including the entire world economic order. Since the crisis knows no borders, this danger is becoming an international reality that manifests itself in a series of significant economic disruptions in global supply chains, in the destabilization of the common market and in huge losses in the key sectors of industrial production, energy and service activities. A strong recessionary blow induced first by the health and then by the political crisis resulted in a drop in GDP and an increase in public debt in quite a number of countries. Negative economic effects have become more and more visible on the world capital market. The deterioration of the situation in the financial area also affected social security in the world, which indicated the necessity of an urgent and stronger multilateral response based on clear and transparent rules and principles based on solidarity, togetherness and international cooperation. The European Union (EU), as the second largest global economy, has taken a leading role in this regard by closely cooperating with key international institutions. Considering the dimensions of disruptions in the system of international economic relations, the EU is adapting to the situation by prioritizing joint cooperation and undertaking decisive actions to remedy the negative consequences of the economic crisis through the adoption of strategic documents and action plans. In this regard, the most important documents are:“ The European Green Plan” and “The Next Generation of the European Union”, which define the agenda for the transformation of the European economy into a “green economy”.

  • Issue Year: 2022
  • Issue No: 79
  • Page Range: 173-194
  • Page Count: 22
  • Language: Serbian