The European Union The European Union (EU) is a unique economic and political partnership between 28 different countries. It consists of about half a billion citizens, and its combined economy represents about 20 percent of the world’s total economy (Briney, 2015). Today The European Union works as a single market, with free movement of people, goods and services from one country to another. There is a standard system of laws to be followed, and since 1999 many countries share a single currency called the Euro (Europa.eu, 2015). This essay will explore the background history of the European Union and the benefits and drawbacks of the European Union.
Introduction Part of the exceptional nature of the EU stems from the notion that nothing like it has ever been attempted successfully before. The European Union is an international institution with a single market and shared currency. It strives to maintain singular goals and make its way towards being an “ever
There is an erroneous assumption in the world that the concept of the European Union, the notion of having a shared currency, and borderless pan-European continent is a relatively new idea. However, the idea of a pan-European identity as it is known today through the European Union was established after the end of the Second World War, as the need for a united Western Europe was needed to combat the possible threat of war with the Soviet Union. The policies of the European Union went through a long review through the establishment of multiple pan-European organizations, primarily the European Coal and Steel Community (ECSC) and the European Economic Community (EEC), which provided the backbone of the modern European Union, through a number of treaties that encouraged European cooperation. It is through the combined efforts of the ECSC and the ECC that Churchill’s dream of a united Europe in 1949 eventually culminated in the creation of the European Union (E.U), an organization whose role is to protect the economic interests of aligned nations as outlined by the mandates of the ECSC and ECC.
Introduction The European Union (EU) poses one of the most unique challenges to understanding sovereignty and international relations. This is because of the extent of integration between EU institutions and member States. This integration has been to the point where the EU is not only considered an international body whose laws States can choose to adopt, but that it can actually play a significant role in the law making of member States. The extent of this integration has made it questionable whether member States have effectively given up their sovereignty to the EU. To an extent, sovereignty has passed from member States to the
European Union was formed with many expectations. Despite closeness and similarities, the various nations of the European continent fought bitter wars for thousands of years within themselves. After the devastating World War II, finally everyone saw the light and decided to give a chance to peaceful coexistence. However, EU’s path
European Union was formed with a lot of expectations. Despite closeness and similarities, the various nations of the European continent fought bitter wars for thousands of years within themselves. After the devastating World War II, finally everyone saw the light and decided to give a chance to peaceful coexistence. However,
Introduction Formed from 28 Member States, the EU has developed an internal single market which enabled it to control what happens in the Member States. The context in which the EU has developed has caused it to be unique in comparison to all the others and through this essay I will demonstrate how the characteristics and functions of the EU are found to be those only associated with the EU.
The European Union (EU) legislation has gone through evolution through many treaties in order to establish a better democratic legitimacy of its legislative procedure. It has been discussed that the core elements of democratic legitimacy can be found in two dimensions, the input-dimension and the output-dimension. The input-dimensions focuses more
Introduction Considered to be one of the most advanced forms of regional economic integration, the European Union (EU) is an assemblage of 27 countries that share a common goal of mutual prosperity, cooperation and peace. There is no other such union in the world, although it in many ways serves as a model of integration that has so far has not been successfully replicated. Being part of the EU has many advantages and disadvantages for countries. The advantages include access to SEM; funds that aid in infrastructure building; and world representation by a larger entity that has more power than a small country alone. Among the disadvantages however, is having to give up a degree of sovereignty that sometimes impedes a country from
Introduction The European Union was formed with many expectations. Despite closeness and similarities, the various nations of the European continent fought bitter wars for thousands of years within themselves. After the devastating World War II, finally everyone saw the light and decided to give a chance to a peaceful coexistence. However, the EU’s path has not been smooth. Many critical economic as well as political problems have emerged throughout the last decade, raising questions about its credibility.
Introduction: Since the enlightenment, Europeans have called for a stable and united Europe. Even though there have been many setbacks to a united Europe, including WWI, WWII, and the Cold War, the realization of a united Europe became a reality with the signing of the Maastricht Treaty in 1992 creating the European Union (EU). Furthermore, the progression towards a fully united Europe took another step with the introduction of the Economic and Monetary Union of the European Union (EMU), which introduced a common currency, the euro (Bordo). Both of these institutions have had an immensely positive impact on Europe, both socially and economically. Today, the European Union is considered the world’s largest economy, or second largest,
2.0 European Union integration and deliberative democracy The European Union (EU) was established back in (REFERENCE) with the aim of (REFERENCE peace and economic prosperity). Since then, much has happened, and the EU is now considered more than just an economic collaboration. This brings along both new challenges and new opportunities when considering the future EU. Recent developments has shown an increasingly worry about the economic situation in the EU (REFERENCE GREECE AND SPAIN), which challenges the legitimacy of the EU as solely an economic union – if the internal economy is falling apart, how can we then justify the upholding of the union? This has become a major concern to several EU countries. One example is the United Kingdom,
The essay will draw heavily on the interpretation of the original documents of the EU, particularly the European Commission. In addition, quantitative interpretation of the Europe 2020 target levels and the current progress will be reviewed. Moreover, peer-reviewed articles and policy reviews by commentators will also be deliberated to provide for a critical evaluation of the adequacy of the Europe 2020 strategy. The essay will begin with an overview of the Lisbon Strategy, the predecessor of the Europe 2020 strategy. This section will particularly focus on the Open Method of Coordination (OMC) and the weaknesses of the Lisbon Strategy, highlighting the appropriateness for a new response in the light of the global financial crisis. The second part of the essay will explore the thematic nature of the Europe 2020 strategy, especially the individual targets set by the European Commission. Although the Strategy is more streamlined, the level of targets set is nevertheless too ambitious especially with the current situation in the global economic and financial market. The next section of the essay will consider the new governance structure envisaged in the Europe 2020 strategy, particularly the European Semester, which promotes greater policy-coordination and surveillance between member states in achieving the Europe 2020 goal (The European Semester). In addition, the essay will also briefly inspect the changes in the ownership of the strategy with
One of the main objectives of the European Union (EU) is the establishment of the internal market, which shall consist of “area without internal frontiers in which the free movement of goods, persons, services and capital is ensured. The internal market is based upon a customs union achieved through the abolition of the imposition of customs duties and charges having an equivalent effect and the prohibition of discriminatory taxes on intra-EU imports. The internal market is enhanced by the provisions on free movement of workers, freedom of establishment, free movement of services, and free movement of capital. Whereas Articles 28 to 30 of the Treaty on the Functioning of the European Union (TFEU) provide for the establishment of an EU common external tariff and the elimination of customs duties, Articles 34 and 35 of the TFEU (with exceptions under Article 36) go further, and prohibit quantitative restrictions and measures having equivalent effect. Taken together, Articles 28 to 32 and 34 to 36 serve to ensure the free movement of goods within the EU and to facilitate the operation of the internal market.
The European Union (EU) is an intergovernmental organization of states that includes 28 countries that are spread over Western Europe and more recently includes some Eastern European countries as well. Shortly after World War II various countries and governments in Europe started to grow closer together to help strengthen themselves economically as well as make it much less likely that another world war would be much less likely to happen. Over time, these Western European countries grew closer together and the European Union was born. The member countries of the European Union are Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom. In the future the European Union will have to make some hard decisions on whether or not to join closer together militarily and also on how to react to emerging threats such as those posed by an antagonistic Russia which is becoming more powerful in the region. There is also much speculation on which, if any countries will join in the future or if the European Union will even be relevant in the future. With so many economies tied together it certainly makes a union on such a massive scale seem ripe for failure. In order to reduce the chance of war and increase the economic strength of European countries, the