Publication

This paper discusses changes in the US-EU economic relations. It states that from being mostly a trade relationship, it has transitioned into one that incorporates mutual investments, new technologies and presence of new group actors. The differences that exist between the respective regulatory and tax systems have sometime become a source of discussion and conflict between the two, with often worldwide repercussions. The authors believe that the US-EU bilateral relationship can benefit from developing effective means of dispute resolution and can be truly successful only if it contributes to building international prosperity in a globalized world.