This policy paper is addressed to the European Commissioner. It sets out the economic arguments for the enlargement of the European Union. It recommends the European commission to support the enlargement of the EU in favour of better health of the economy of each member state and the EU as a whole…
Download file to see previous pages...
This essay highlights the last two members to join were Bulgaria and Romania. These two are the poorest members of EU. They comprise less than 1% off its GDP while contributing 6% of the EU’s population. But these economies are growing fast, at about 5-7% per year. (BBC News) Croatia and the Former Yugoslav Republic of Macedonia have received “candidate” status as a precursor of membership. Turkey also started membership talks in October, 2005. Albania, Bosnia, Kosovo, Montenegro and Serbia are also expected to start discussions for membership. But these countries will have to face increasing opposition to enlargement of EU from some member states. The major opposition comes from five member states – Austrian, France, Germany, Luxembourg and United Kingdom.
As the report declares there was serious opposition when the idea of a European union was first broached. The main arguments offered against enlargement were: it would lead to mass immigration from poorer countries to the richer nations, with the result that poor countries would take away jobs from the richer ones and companies also would relocate to countries which offer lower labour costs and lower social protection; the poor countries would require huge subsidies from the richer member states. The main economic argument in favour of enlargement is that access to more countries would stimulate and boost long term dynamic economic growth in the relatively poor economies.
...Download file to see next pagesRead More
Cite this document
(“Why the Enlargement of EU is Beneficial for the Economy of the Member Essay”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1520580-eu-economy-issues-and-policies
(Why the Enlargement of EU Is Beneficial for the Economy of the Member Essay)
“Why the Enlargement of EU Is Beneficial for the Economy of the Member Essay”, n.d. https://studentshare.org/macro-microeconomics/1520580-eu-economy-issues-and-policies.
The conclusion from this study states that fears regarding expansion are statistically baseless. Membership to the European Union offers great benefit for newly inducted countries, with minimal to no impact on preexisting ones. Fears regarding political or economic unrest are largely unfounded, and so must be eliminated rather than acting upon them.
The EU is built with a series of treaties made with its different member states. Historically, the EU was formed to promote peace and economic prosperity especially in Europe after the occurrence of World War II. Since the beginning of the 1950s, the integration of Europe has significantly augmented to entail conducting various financial activities like developing a single market in which goods, capital and people moves freely, a common trade policy, an ordinary agriculture policy, environmental policy and common currency (Euro) which is being used by 17 member states (Archick, 2013).
The statement "There is little persuasive evidence that membership of the EU has been beneficial to Britain over the past 30 years" is 100 percent false. The main purpose of formation of the European Union is to create a single market economy. In comparison, the each European Union member state which includes the United Kingdom is likened to each state which includes California.
When EU in the 1990s also took into its fold the Northern European countries - Austria, Finland and Sweden - it was even better. The economies of these three countries were in such great shape that their EU membership influenced an increase in the union's per capita income.
Marain (2003:2) during policy analysis of EU enlargement found that the countries becoming the member states are entitled to have numerous benefits which includes removal of barriers from trade, investment and movement of labor, exchange of technological ideas, improvement in competition with foreign markets, corporate accountability, improved CEEC's as a destination of foreign investment, cheaper consumer goods, etc.1 But it had some drawbacks as well.
Besides, the 2010th may be a timeline for further enlargement as Ukraine, Turkey and former Yugoslavia republics (Serbia and Montenegro, Macedonia and Bosnia and Herzegovina) are also standing in queue (Archick, 2005).
Historically, each stage if EU enlargement used to cause the "displacement of powers" on the continent.
Almost 50 years ago, on September 1959, the Ankara government applied for associate membership in the European Economic Community or EEC. However, its invasion of Cyprus in 1974 and a 1980 military coup d'etat made relations between Europe and Turkey less than cordial.
There are some major problems with fighting organized crime within the EU and these are down to security problems due to the enlargement of the EU and the accession of post-communist nations; as well as the nation of Cyprus which causes a thorn in the side of relations with Islamic nations because of the Turkish-Greece conflict.