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In the year 2002, it was recommended that an additional 20 countries should join by the year 2004. This recommendation was made under the assumption that the Eastern Europe will take the European Union to new levels. The logic behind this is the fact that it will give access to new and larger markets, which will provide a means for the EU to cope in the present global economy. The question on many people’s minds is what the EU should be like in the future. Europe itself will have undergone a series of multi-dimensional changes in the future, with regard to social environment, economic strength, political priorities in addition to geopolitics. This essay will discuss the future of the EU and how it will influence solidarity, democracy, and liberty in the years to come. The term liberty is taken to carry two meanings according to the European act. The refers to the facilitating of the free flow of goods, the removal of barriers, flow of income and the flow of people, who are part of the member countries (Smith, 2005). Analysts put forth the fact that there are very low chances of the international market turning into the prime focus of economic interests and engagement in the near future, since the EC has earned a longer life cycle. For instance, the anticipated gains in welfare among a number of the ECU 216 billion have been estimated to add up to 5.3 percent of the total GDP (Vendal, 2010). There is anticipation that virtually a cycle of benefits will be reaped, particularly in the long run. This is with regard to industrial reorganization, improved innovation, and economies of scale (Smith, 2005). Regardless of a bright future, there are chances that the community may run into internal speed bumps. The reason for this is the fact that it is presently made up of the a lesser grouping when it comes to the functionality of its members. An example may be inclusive of the fact that there is doubt as to whether there will be enough finances from the southern economies, which are regarded to be weak to enable them to participate in the EMU. It appears that a looser method of interaction is advised for the future community, especially for the enlargement of the community (Sampedro, 2004). Another aspect that is required for liberty to grow is openness accompanied with sudsier. Citizens ought to be informed of the remedies at their disposal of their rights are not taken into consideration. These remedies constitute ombudsmen, courts, and committees through which they can use to make petitions. A future Union should be a part of the people and the people should be a part of it. This means that the process of decision making should be open and the decisions should be made as often as possible to citizens (Natew, 2010). The citizens of all the members’ state expect a European Union whose administrations is candid, and regard accountability (Jacobi, 2001). There is no definite picture as what the enlarged EU it likely to be like, this is however is not to suggest that the power of the convention should be underestimated. A significant share of the duties that are performed by the Union are legalistic and technical. Presently, efforts are directed towards increasing coherence, simplification and enhancement of transparency in the political and institutions bodies of the EU. There is a streamlining process that focuses on the rules of decision making and availing a number of alternatives when it comes to the creation of laws. (Jackson, 2007) Analysis however highlights the fact that simplification may be a political matter. For instance if a large share of
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The fundamental rights represented in the charter are visible easy to understand. The charter contains the rights found in numerous legislative instruments such as the European Union Laws, the National laws and the international labour organizations. According to the European Union, the Charters main purpose is to create certainty within the European Union.
This tax is meant to have an impact on financial transactions amongst institutions of finance that charge against the bonds and shares exchange across contract derivatives (Alworth and Arachi 2012). This initiative however does not affect businesses and citizens.
In this regard, the discussion of this policy paper will be focused on critically analysing the policy position and its rationale towards the fiercely competitive economic performance of both EU and China. Finally, the policy paper will emphasise upon relevant recommendations which can mitigate the potential threats of Chinese economic emergence for the EU.
A strong federal government is centralized with concerns for human rights and democracy and the European Union has been considered as a federal type of government with a centralized control although this discussion will examine how far the EU can be considered as a federal system of government and what are the related empirical or conceptual issues.
In the case of Turkey, the prime focus has been to initiate reform efforts in a number of areas so as to achieve the required eligibility status for the membership. On the other hand, the European Union has been constantly monitoring the progress made by Turkey and has been affecting legislations and concessions that would help encourage Turkey hasten the process of reforms that would help speed up its pace of induction into the club.
This has been an evolutionary process. Finally, in 1992 the Treaty of Maastricht (Beginnings) was signed which gave birth to a new form of shared governance and a cooperative spirit amongst the European community. The European Union (EU) was born. Since the moment of its inception it has never looked back and is now struggling to further define its role through introduction of a union wide constitution which would shift its perceived power from that of a treatise entity to that as an autonomous sovereign body.
Chabot stated that this revolution involves the solidification of a European market of goods and services, major structural changes in countries plagued by fiscal negligence, and the reorganization of monetary policy in some of the world’s most advanced industrialized economies. The “European Single Market” is “the world’s largest domestic market”.
As Herbert Biggs explains, the Treaty of Paris was proposed and passed at a time when Europe, politically and economically weakened by World War II, realized that it would not be able to restore its previous political and economic influence were it not to enter into closer regional economic cooperation and plan for political and economic integration.
In addition, it had been obvious that economic objectives come first prior to welfare issues, although much effort has been undertaken by the European Commission to encompass competence.
Wilensky et al (1987) defined family policy as an umbrella of different policies and programmes that aim to provide for a variety of individuals from the young, old and even transition singles such as those divorced, separated or widowed, as well as women separated from financial sources but family policy has also been argued as a disguise for a series of population programmes, labour market and health policies (Kamerman and Kahn, 1978).
According to states Hebous (2006), the use of a single monetary system can lead to benefits such as low transaction costs, efficient trade, and low trade risks among the member. He points out the successes of the US and Euro-zone monetary unions as case for
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