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Formation of the European Union
Formation of the European Union
Formation of the eu
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Recommended: Formation of the European Union
Introduction
During the 1990s, discussion about trade policies and economics has typically centered around one word -- globalization. Another word that seems to play a huge role in these discussions is regionalism -- the idea that separate countries can join together in one group in order to create a formidable force in terms of global politics, economics and trade.
One such example of this a regionalism has been the European Union (EU). Although most people are familiar with Europe as separate countries -- England, France, Germany, Italy and the like -- when it comes to global trade and politics, the more common usage is that of the EU to refer to all member countries in Europe.
According to the media, the EU has become a powerhouse in its own right. Its member countries have combined to create a formidable force, particularly in terms of global trading. Furthermore, as a federation, the EU is proving to be a major player in terms of global politics. But does this mean that all is well in peaceful within the European Union? Does the fact that the member states have banded together meaning that everyone has benefited from the concept of the EU?
This paper will attempt to answer these questions by outlining the background and reason for formation of the EU and explain what the original intent was. We will then discuss the EU in terms of economics and trade (as these two topics are definitely interrelated); and we will discuss some theories behind the success or failure of the EU.
We will then consider it formation of the EU has actually been beneficial for its member states both separately and in its entirety.
Background And History
In order to better understand the theories and principles that drive the European Union, it w...
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...lmost 16 percent -- which is also larger that exports coming from the United States (at 12.6 percent) or Japan (at 7.7 percent) (Letiche, 2002). this has, needless to say, in the envy of many other nations.
Works Cited
Boas, Morten (2000). The trade-environment nexus and the potential of regional trade institutions. New Political Economy 5(3), 415-432.
De Grauwe, P. (1997) The Economics of Monetary Integration, 3d Edition. Oxford and New York: Oxford University Press.
Letiche, John M. (2002). Lessons from the Euro Zone for the East Asian Economics. Journal of Asian Business 11(3), 275-301.
Pattichis, Charalambos (2001). Trade, growth, and monetary union. Journal of Post Keynesian Economics 24(1), 125-147.
The Columbia Encyclopedia (2000). European Union. Sixth Edition.
Whitehead, Alan (1998). Spheres, Tiers and City States. New Statesman 127(4391), S18-S20.
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.
Prutha Patel Mr. Lougheed Social Studies 09 February, 2016 Has Europe United? Do you believe that the European Union has united Europe? A supranational cooperation is 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 is in “trouble”.
”Examine the extent to which the benefits of UK membership in the European Union outweigh the costs”
Bentley, J., & Ziegler, H. (2008). Trade and encounters a global perspective on the past. (4th ed., Vol. 1, pp. 182-401). New York: McGraw-Hill.
The European Union today is a political and economic entity that controls in a single market located mostly in Europe exploiting Euro as a single currency uniting the vast majority of its members. The market that all European Union members share provides free trade of goods and services as well as a common external tariff. One might argue that the European Union would not perceptible its current influence had it not been for the introduction of the Euro. Speaking of the benefits of the Euro, one can name the elimination of exchange rate problems, creation of a single financial market, providing price stability, low interest rates as well as being a political symbol of unity and commitment to the Union. Today, Euro is the second reserve currency in the entire world - a fact that clearly speaks for itself of its value in the global market.
Over the course of sixty years, the European Union (EU) has evolved to become one of the most economically and politically integrated regions in the world. Compare and contrast the EU with one other major global trading bloc, such as NAFTA or ASEAN, with which you are familiar.
Peterson, J. and Shackleton, M. 2002. The institutions of the European Union. Oxford: Oxford University Press.
The European Union (EU), since the initial foundation in 1952 as the European Coal and Steel Community (ECSC) and throughout periods of development, has been considered one of the most advanced forms of regional integration. It, based on numerous treaties and resolutions, has strived to promote values such as peace, cooperation or democracy, and in 2012 was awarded the Nobel Peace Prize for having “contributed to the advancement of peace and reconciliation, democracy and human rights in Europe” (Nobel Media AB, 2012). Despite its struggle for promoting democracy, the EU itself has long experienced scholarly criticisms that it suffers the democratic deficit, from which its democratic legitimacy is undermined by observable problems in political accountability and participation. As the importance of legitimacy in a democratically representative institution is hardly debatable, the criticism of whether and why the EU lacks democracy has been given a considerable gravity in academia.
The EU is a union of sovereign European states who share sovereignty based on treaty. The union also possesses competences in policy sectors with exclusive jurisdiction in the area of Economic and Monetary Union while others are shared with Member States (MS), the other powers belong to MS as derived from the conferral of powers art 5(2) TEU, 2(1) TFEU art.3 & 4 TFEU additionally other powers have been offered by the decisions of the European Court for direct effect on citizens
Europe will not run the 21st century because of a combination of economic, institutional, and cultural factors. However, for the purpose of this paper, I will focus on the economic aspects of European society that will impede EU ascendency. I do not believe that the EU will cease to exist in the coming century, but I do believe it will become obsolete because it will be unable to make the necessary changes to their demographic problems, defense policies, and economic culture in response to the increasing American ascendency. Europe has long been known as the continent home to the great powers of the world. From Caesar to Napoleon to the British Empire, the European empires have continuously been at the helm of the ship of progress. The wars of the 20th century however, left Europe in a wake of destruction and chaos period before. The continent was devastated and had little hope to recover. In this new era of European descent, the great American Era came into existence. The US, one of the remaining superpowers, became the helping hand that Europe needed. With the aid allocated by the Marshall Plan and the creation of programs and institutions, Europe had a future. The creation of the European Union (EU) united the European countries over the common goal of preventing war another war. The United States intended for these programs to be a stepping-stone to build the economic and institutional powers of Europe, because a stronger Europe was good for the US. However, instead of using these as a springboard to create self-reliant union, the EU remains reliant on US military and hard power to support them their social efforts.
Thody, P. M. W. 1997.An historical introduction to the European Union. [e-book] London: Routledge. p. 1. Available through: Ebrary http://site.ebrary.com/lib/aberdeenuniv/docDetail.action?docID=10057275 [Accessed: 26 Mar 2014].
Senior, Nello Susan. "Chapters:4,15." The European Union: Economics, Policies and History. London: McGraw-Hill, 2009. Print.
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...
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...