Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
The pros and cons of the european union
The pros and cons of the european union
The pros and cons of the european union
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: The pros and cons of the european union
Do you think it is useful for a country to join into a union, especially the European Union, to strengthen their economic position? The question could be simple to answer but an individual must look much deeper into the situation. For instance, what are the pros and cons of joining a union? The European Union has many pros but also many cons.
The European Union was formed in February 1992 with the signing of the Maastricht Treaty. It consist of originally twelve members – Belgium, Denmark, France, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, United Kingdom, and Germany. Those twelve members originally formed the European Union until 1995 when three other countries joined the Union – Austria, Finland, and Sweden. The European Union currently is formed of twenty-five members with the ten new members – Cyprus, Malta, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia being added in 2004. In 2007 two other countries (Romania and Bulgaria) could join the European Union. European Union covers a mass majority of the Europe and the current Union membership covers a population base of nearly half a billion people. In 1992 the European Union decided to go for economic and monetary union, involving the introduction of a single European currency managed by a European Central Bank. The single currency, the euro, became a reality in January of 2002, when euro notes and coins replaced national currencies in twelve of the 15 countries of the European Union (Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland). (Europa)
The information below will consist of the pros of the European Union. With the development of the European Union the countries are able to have the benefit of the principles of European integration, such as free competition or free movement of goods and capital, which will encourage the movement from a post-socialist economy to a free market economy in East-central Europe. The principle of free movement is saying that you can work and study anywhere in the Union if you are a citizen of the Union. By spending part of their education or training in another European Union country, the citizens can acquire an insight into other work environments and gain skills that are very useful in later life. By having a closer joint effort and sharin...
... middle of paper ...
... the European Union. It has several characteristics about it that I do not like. For example, I do not like how the Union only has a single interest rate. I think that each economic cycle needs different interest rates for certain situations that occur in the Union. For instance, if you are in the European Union and let’s say you are going through a depression you are going to need to lower the interest rate but in the European Union you have no choice.
The information above in the paper about the European Union has many pros and cons. The only reason the countries are entering the European Union or any other union is they feel it makes their country stronger and better economically. Yes, when you enter into a Union you are gaining some things but what some countries do not see are is that you are giving up just as many or more things.
Works Cited
Niebor, Jeremy. The pros and cons of Economic and Monetary Union. 1998
http://www.bullen.demon.co.uk/niebor.htm
Venckute, Jurgita. European Union: New Members. 2003,
http://www.debatabase.org/details.asp?topicID=233
Europa. The History of the European Union. 2004
http://europa.eu.int/abc/history/index_en.htm
The benefits of the European Union outweigh the costs. Ever since the end of World War II, countries in the EU have been helped economically, politically, and culturally.
Furthermore, Norway didn’t join because they do not want to give up their independence. Small countries such as Portugal, Greece, Italy joined so they could be more powerful and wants more money. Still, does do the advantages of being in the EU excel the sacrifices? Honestly, I would say yes; essentially for economic competition, peace and security, and cultural diversity.
Do you believe that the European Union has united Europe? A supranational cooperation is a when countries give up some control of their affairs as they work together to achieve shared goals. The European countries have used supranational cooperation to create the European Union because they want to prevent future wars, and rebuild the weak economy that had formed after the two wars. The European Union has united Europe because it has made Europe have a common currency called the Euro, has a common “government” for the European Union, and has all of the countries influenced when one country that is part of the European Union be in “trouble”.
The North American Free Trade Agreement—NAFTA—was an important agreement signed between three countries—the U.S., Mexico and Canada. NAFTA played an important role between each of these countries’ relations with one another through imports and exports. Throughout the presidential elections throughout the years, NAFTA has been highly debated on whether or not it has helped benefit the economy of these countries or if it has caused a lot detrimental issues. NAFTA promised many benefits for these countries, but not all of their promises were carried through; many views across the political spectrum also have their indifferences about NAFTA.
On January 1st, 1994, a treaty that created the largest free trade area were signed into place by the trilateral of United States, Canada, and Mexico. NAFTA is a promise made by world’s most significant corporations claiming to create many high paying jobs and raise the standard of living in the US, Canada and Mexico. As we approach its 21st birthday, NAFTA now links 450 million people producing trillion dollars’ worth of goods and services each year. However, behind this seemingly good deal, it also created many underlying issues. Beginning with NAFTA giving corporation opportunities to move factories aboard to the lower-cost Mexico. Manufacturing aboard did not only outsourced American jobs, it also caused manufacturers that remained to lower
Some reason some countries might want to join the EU are for trade acts, since that can easily increase the economy of the country and other things such as peace treaties so the country doesn't have to live in fear of being taken over easily by its enemies.
On may 25 , 1787 the constitutional convention begain at independence Hall in Philadelphia inorder to amend the Articles of Confederation . It was apparent to the framers of the Constitution that the Articles of Condeferations lacked central authority over foreign and comestic commerece threw many conflicts over time after the Revolutionary War . this wouldn’t be a harmonious amendment either . Between the federalists and the Anti – Federalist the spent the entire summer creating a new government unlike any before . Leaving no one happy proving their creation was fair . One of the biggest conflicts was the balancing of powers between the national and state powers in our feredal sytem (KTP 74).
United we stand, divided we fall.After being bombed in various parts, ruined economically, politically, and culturally, and shocked after World War 2, Europe decided to make a union/ supranational organization named the EEC (later known as EU(European Union)) consisting of 28 nations.If you are a citizen in one of these territories, then you have some exclusive rights: you can work, travel, retire, study, etc. in any of these 28 nations, plus all of these countries have the same currency, the euro, so you do not have to switch currencies every time you travel.However, some countries such as Norway did not join, because of the fear of losing their sovereignty or control of own affairs and not give up their unique cultures of cuisine ,
The rise of capitalism as the dominant economic system in the United States made the rise of unions inevitable; given the natural division between those with capital that control the means of production, and labor, who is treated simply as another factor of production (Hodson & Sullivan, 2008). While labor unions have made significant improvements to the working environment, with the regulation of safety, environment, labor and wage; labor unions have also contributed to the decline of U.S. dominance in industries like steel, automotive, education and airlines. In today’s global economy, can labor unions continue to be a force for good in the United States, or have they become harmful institutions?
To start with, what is the meaning of the Single Market? According to European Commission website, Single Market indicates the EU as one territory that has no internal borders or any other controlling complications that lead to the free movement of booth services and goods (The European Single Market - European Commission, 2017). According to the same source, single market has great benefits. It encourages competition and trade, increases efficiency, promotes quality, as well as helps in cutting the prices. In addition, the same source considers the European Single Market as one of the EU’s ultimate accomplishments that powered the economic growth and made the everyday life of European businesses and consumers easier (The European Single Market - European Commission, 2017).
These are very exciting times for our country, we are now part of the largest economic community the world has ever seen, opening the doors of opportunity for us, the Irish citizens, everywhere we look. Ireland's membership of the EU is seen by most to be of great benefit to the country as it will solidify the foundations of our economy as well as increase the awareness of Ireland as an investment opportunity for multi national companies; however, some will argue that the change would be detrimental to our nation in the long run.
Europe has a history of war and conflict that predates living memory and the idea of a united Europe is something that appears repeatedly in that history. Hitler, Napoleon, and the many Roman Emperors all sought a united Europe. Their quests although in many ways motivated by a horrifying desire for power sparked the minds of philosophers and other political thinkers to imagine Europe united in harmony and peace despite national differences. Today we have the European Union which is quite unique. After the horrors, bloodshed, and economic disaster of the twentieth century, in a desire for peace and harmony and economic and political prosperity twenty-seven states have limited their national sovereignty.2 With national interests and ambition still in mind these countries see the European Union and supranational governance and the benefits of peace and prosperity therein as something worthwhile. However, in the history of European integration there has been much conflict and Euroskepticism. Some see unity in diversity and diversity in unity as impossible, and the existence of differentiation in the EU as highly problematic. However, differentiation in the European Union’s integration process is not the hindrance it is often defined as, rather it creates further cooperation in Europe bringing the European Union closer to its objectives of peace, and economic and political growth, resulting in a more effective and efficient bureaucracy. Differentiation in the EU’s integration process has created more successful integration as it allows the nations who wish t...
International relations can be viewed under realism or liberalism. Since Brexit relates to international relations among European countries, it can be analyzed using either realism or liberalism. To clarify, Brexit is a short name for “British exit,” which was a reference to the public vote of Britain’s citizens to exit the European Union. In short, European Union is an international organization forming an environment for the European member states solve internal or external political or environmental issues, increase job availability, and create other economic opportunities.
The enlargement of the European Union (EU) in 2004 and 2007 has been termed as the largest single expansion of the EU with a total of 12 new member states – bringing the number of members to 27 – and more than 77 million citizens joining the Commission (Murphy 2006, Neueder 2003, Ross 2011). A majority of the new member states in this enlargement are from the eastern part of the continent and were countries that had just emerged from communist economies (EC 2009, Ross 2011), although overall, the enlargement also saw new member states from very different economic, social and political compared to that of the old member states (EC 2009, Ross 2011). This enlargement was also a historical significance in European history, for it saw the reunification of Europe since the Cold War in a world of increasing globalization (EC 2009, Mulle et al. 2013, Ross 2011). For that, overall, this enlargement is considered by many to have been a great success for the EU and its citizens but it is not without its problems and challenges (EC 2009, Mulle et al. 2013, Ross 2011). This essay will thus examine the impact of the 2004/2007 enlargements from two perspectives: firstly, the impact of the enlargements on the EU as a whole, and thereafter, how the enlargements have affected the new member states that were acceded during the 2004/2007 periods. Included in the essay will be the extent of their integration into the EU and how being a part of the Commission has contributed to their development as nation states. Following that, this essay will then evaluate the overall success of the enlargement process and whether the EU or the new member states have both benefited from the accessions or whether the enlargement has only proven advantageous to one th...
The story of Europe is a story that is worth telling for the simple fact that without the background of Europe, people will not understand the complexities in the creation of the Europe of yesterday and creation of the Europe today. This rich history cannot be ignored because of the close ties to the creation of the nations and the supranational institutions that have become the European Union and its trade partners. Without the background on the history of Europe the creation of this larger organization or supranational organization would be nearly impossible to understand the complexities of the current political, social and economic qualities within the EU. The history of a country, state or organization also helps us to understand the some aspects of the future of the EU.