The Global Gateway to Latin America Strengths and bottlenecks of the European strategy: a mid-term review

• Gabriele Casano ^[1] ; Olimpia Fontana ^[2] ; Federico Nastasi ^[3]
  1. [1] University of Genoa

     University of Genoa

     Genoa, Italia

     
  2. [2] Catholic University of the Sacred Heart

     Catholic University of the Sacred Heart

     Milán, Italia

     
  3. [3] Centre for International Policy Studies, Rome

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• Localización: Perspectives on Federalism, ISSN-e 2036-5438, Vol. 16, Nº. 2, 2024
• Idioma: inglés
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• Resumen

  • The Global Gateway (GG) has been presented as the EU flagship foreign policy initiative to fill the global investment gap, with a regional focus on LAC. The GG serves as an economic investment tool, also offering geopolitical value. Although GG is still in the implementation phase, it has been criticized for promising too much and delivering too little. We run a mid-term review of the GG during its implementation phase through a qualitative and quantitative. We find that the private sector is experiencing difficulties or showing not as much interest in GG projects as hoped. To succeed, the GG toward LAC needs more political will, financial resources and attention to key sectors (in particular, the digital). The EU Delegations are not functioning as they should