New Stakeholders Changing Europe

Abstract

The article provides a comprehensive analysis of the stakeholders’ impact on the development of the European Union and identifies prospects for the stakeholders’ development and building out appropriate institutions for Ukraine. Globalization, transition of a number of Western countries to the initial stage of an information society, formation of the world economic system, formation of a "risk society" - all these and other factors have led to the transformation of stakeholders in the European Union. The new stakeholders, namely, the global civil society, the transnational capitalist class, the blurred middle class and the precariat, the knowledge-class, the under-class are changing the foundations of the modern world order. Against the background of globalization, the global economic crisis of 2008-2013, many countries are trying to avoid considerable shocks by deepening cooperation, participation in certain integration processes, coordination with other countries or international organizations to address issues of stabilizing their own socio-economic situation. Ukraine has also chosen this strategy by signing and ratifying the Association Agreement with the EU in 2014. For Ukraine, the example of the enlargement of the European Union in 2004 is a heuristic, because the mechanism of admission of new participants is still relevant today. The key components of the country's preparation algorithm were economic transformations, democratization of the country's governance, increase of energy efficiency, and synchronization of legal norms with the EU.