• 1. Introduction
  • 2. The Principle of Subsidiarity: History; Ethical, Political and Efficiency Rationales
  • 3. Bilateralism versus Multilateralism: Applying the Principle of Subsidiarity
  • 4. The First Prong: The Advantages of Bilateralism
  • 5. The Second Prong: The Advantages of Multilateralism, or When Multilateralism is Needed
  • 6. Conclusions