Entering EU will promote Latvia's welfare and development
The influence on the national economics in Latvia already can be felt, even before entering the EU. Since negotiation of European contract in 1995, there has been an intensive integration process going on in Latvia - readjustments of legislation, increasing trade with the EU countries and big amount of investments has been received from foreign investors. If there would not be a movement towards the EU or NATO, the economical developments in Latvia would take place in much slower manner because it would be much harder for Latvian politicians and society to find harmony and agreements about the way and type of as non-candidate countries has been slow and unmotivated enough. Even though, many advantages of joining EU are currently noticeable, all Latvia' s privileges and opportunities will become more realistic and available only after joining the European Union.
The most important changes
If Latvia will become an EU member state in May 2004, it will be faced with such positive changes:
The decrease of trade expenses with EU member countries
The elimination of tariffs barriers
The implementation of EU tariff system in accordance to countries which are not members of EU
Latvian agriculture would be included in the EU common agriculture politics
The receival of EU financial tools
The amelioration of investment restrictions
The adjustments to EU jurisdiction, standards and requirements
The gradual movement of labor force freedom
The coordination of economical politics with EU member states and involvement in EU economical politics implementation
Few years after joining EU, Latvia will join EU zone, implement euro currency and will ...
... middle of paper ...
...which has been used over twenty other European countries and no doubt Latvian euros will be some kind of national symbols.
Sources
Baldwin, R. E., Francois, J. F., Portes, R. The Costs and Benefits of Eastern Enlargement: The Impact on the EU and Central Europe, 1997.
Bucker, T. and Boeri, H. The Impact of Eastern Enlargement on Employment and Wages in the EU Member States. European Integration Consortium, 2000. Working Document No. 2 on the Financial Implications of EU Enlargement. European Parliament, March 13, 2002.
Common Financial Framework. Accession Negotiations, 2004-2006. Commission of the European Communities, January 30, 2002.
European Union Accession. Practical implications for Business in Central Europe. EIU, 2002.
Vanags, A. The economical impact of EU accession for Latvia: a computable general equilibrium approach. BICEPS, 2000.
The European Union has been helped economically ever since World War II. Right after World War II’s end, Europe was struggling to hold on. The countries of the modern-day European Union thought it would be a good idea to come together and help each others struggling economy. To this day, this decision has had a very positive outcome on the EU’s economy. As shown in Diagram 1, the European Union combined together has the world’s highest GDP at 18.3 Trillion USD as compared to the United States’ 17.4 Trillion USD GDP and China’s 10.4 Trillion USD GDP. The idea
Said in Document B, it shows a graph of Greece, Portugal, Czech Republic, and Hungary. It displays their synthetic GDP and their GDP when they joined the EU. As for all instead of Greece, their money increased, but Greece decreased. Even though joining the EU may be a good advantage for a lot of money, it may be sometimes a bad idea, because, for instance, Greece started off with about 35 trillion dollars for their GDP per capita in 2010, but after they joined, their GDP went lower to 25 trillion dollars (Document B). If you now look at Poland, it’s not a strong country.
The European Union has a common “government” called the Parliament. In the background essay it stated, “The role of the parliament is to debate and pass laws, make sure all EU institutions work democratically, and debate, and adopt the EU budget”. This means that the parliament has control over the laws, and controls the European Union budget. In Document B it mentions, “Whatever institution governs the trade of a nation or group of nations whether monarchy, dictator or parliament- essentially rules that nation”. This means that the parliament has control over the European Union. Most of the time countries
When analysts criticise the lack of democratic legitimacy in the EU they generally point to the mode of political representation and the nature of policy outputs. Only one branch of the EU is directly elected is the European Parliament. Though stronger than it once was, the EP remains is actually only one of four major actors in the EU policy-making process. The EP is a body without power or accountability, and easily dismissed just as a ‘talking shop’ (Colin Pilkington.) Only 75% of its amendments are accepted by the Commission and the Council of Ministers.
On the other hand, the UK can set its own MFN tariffs on imports. The UK could adopt to reduce its import tariffs below the levels of EU in order to lower import costs for UK consumers and companies. This will result on increasing the competition played by businesses run in the UK (Sampson, Dhingra and Sampson, 2017). In addition, the same article, states that there is a limited scope for further tariff decreases. According to the World Bank, the tariff rate of the EU (applied and weighted mean for all products) is 1.5% (Word Bank, 2017). Also, if UK goes for this it will require more harmonising polices, regulations or product standards across countries. Achieving this level of business requires international agreements with different countries. The overall effect of Brexit is still estimated to be negative (Dhingra and Sampson, 2017 4-5). These circumstances make it very difficult for the UK to reduce tariff rates, yet
Peterson, J. and Shackleton, M. 2002. The institutions of the European Union. Oxford: Oxford University Press.
Thomassen, J. 2009. The Legitimacy of the European Union after Enlargement. In: Thomassen, J. Eds. The Legitimacy of the European Union after Enlargement. New York: Oxford University Press, pp. 67-86.
Uvalic, M. (2002, July). Regional Cooperation and the Enlargement of the European Union: Lessons Learned? International Political Science Review, 23(3), 319-333.
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.
The Cold War did not directly involve Europe, but Europe and its various states were key players and key sources of tension between the two great powers, the USSR and the United States of America. The dates of the beginning and end of the Cold War are debated but 1947-1991 is generally agreed upon. In this paper, I will attempt to outline the events of the Cold War which were relevant to Europe and how this affected European integration and relations. ‘Integration’ here refers to the process of transferring powers of decision-making and implantation from national to supranational level. Europe was weakened after World War Two, especially in contrast with the USSR and the USA. Traditional European hegemony was at an end and Europe had to find a new dynamic without becoming involved in conflict with the two new superpowers.
The European Union stands on the threshold of unparalleled change over the coming years. The next waves of enlargement will be unprecedented in nature and continental in scale. This process has gained so much political momentum that it is now irreversible.
Lelieveldt, H. and Princen, S. 2011The politics of the European Union. Cambridge: Cambridge University Press.
The Capitalism versus Communism showdown that occurred during the Cold War has left profound effects on Europe today. In 2014 The fourteen poorest countries in Europe, by GDP per capita, hailed in Eastern Europe (World Economic Outlook). Nearly all of those countries subscribed to a Communist philosophy during the Cold War. Furthermore, Eastern European countries are still suffering the consequences from underdevelopment during and after the Cold War. Consequently, Eastern Europeans are still trying to catch up to their Western brethren. Furthermore, much of the political power within Europe is held by Western Europeans and several Eastern nations have not yet gained admittance into the European Union. Overall the East-West divide during the Cold War is still having systematic consequences on how Europe is shaped today and how it will be shaped moving forward. Another divide in modern Europe is the North-South divide. The recent European debt crisis highlighted the vast economic discrepancies between Northern and Southern European countries. Southern countries like Greece, Cyprus, Portugal, and Spain suffer tremendously from piling debt and Northern European nations have felt burdened by their neighbors to the South. However, if Northern countries do not come to the aid of their fiscally irresponsible brothers than the entire economic system of the Euro
Senior, Nello Susan. "Chapters:4,15." The European Union: Economics, Policies and History. London: McGraw-Hill, 2009. Print.
Mulle, E.D., Wedekind, G., Depoorter, I., Sattich, T., & Maltby, T. 2013. ‘EU Enlargement: Lessons from, and prospects for’. IES Working Paper 3. Pp 8-39.