The European Union (EU) is an economic and political union of 27 member states which was developed a single market through a standardized system of laws which apply in all member states, guaranteeing the freedom of movement of people, goods, services and capital" (Wikimedia Foundation, Inc.)…
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The European Council have agreed to extend the EU scope to countries in the South and East Europe including Croatia, Albania, Bosnia and Herzegovina, Serbia, Kosovo and Turkey (European Commission). These candidates are then given financial assistance "so they can introduce the necessary political, economic and institutional reforms in line with the EU standard" (European Commission). It provides for economic reform leading to economic growth and better employment prospects (European Commission).
One of the necessary tracks for the regional enlargement is the Economic and Monetary Union (EMU). This is particularly done by having one currency which is the Euro. The adoption of the Euro is the culmination of the three stages of economic policy (Wikimedia Foundation, Inc.). But prior to adopting the Euro, "a member state has to have its currency in the European Exchange Rate Mechanism (ERM II) for two years" (Wikimedia Foundation, Inc.). So far, sixteen of the members have adopted the Euro. Only the United Kingdom, Denmark and Sweden have not accepted the third stage and they still use their own currency.
To pursue a sustainable growth in agriculture, the EU adopted a fundamental reform of the Common Agricultural Policy (CAP). "The new CAP will be geared towards consumers and taxpayers, while giving EU farmers the freedom to produce what the market wants" (European Commission). This will create a 'single farm payments' "which will be linked to the respect of environmental, food safety and animal welfare standards" (European Commission). To give much authority to the Member state to oversee production, they "may choose to maintain a limited link between subsidy and production under well defined conditions and within clear limits" (European Commission).
The Europan union has high dreams of economic prosperity among its members, being the largest regional economy in the world. The question however is what would happen to the diaparity betweena nd among the Member States. There are two opposing theories to look at: the convergence theory which predicts that countries will even out in the future and the cumulative causation which will exacerbate divergence and economic differences. With the way the EU supports its members, we see that convergence is more likely to happen, especially that the poorer countries are given the chance to strengthen their economy before finally doing direct trade and contact with other Member States. This necessary preparation for all EU members is what differentiates the European Union from other regional economic group.
The European Union believes that "the environment is essential for the quality of life of current and future generations" (SCADPlus). "The EU's priorities are combating climate change, protecting biodiversity, reducing the impact of pollution on health and better use of natural resources" (SCADPlus).
Since climate change poses great danger to the entire region, the EU has formulated policies in combating them. Starting from the European Climate Change Program, "the European Union has come up with realistic climate change strategies advocating practical action to prevent temperatures from increasing to
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(European Union (different Policies) Essay Example | Topics and Well Written Essays - 1500 Words)
“European Union (different Policies) Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/miscellaneous/1519840-european-union-different-policies.
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.
For instance, countries have budgets to, which require expansive engagement with other countries to achieve reasonable growth and prosperity. Countries also have security demands, which they can only address when cooperating with others. In addition, countries have populations that always demand jobs to generate income for sustenance over particular period.
However, this region has recently lost significant market share to emerging economies such as Brazil, Russia, China and India (Amiti & Freund 2010, 1). China, in particular, has gained significant influence and has emerged as the greatest challenge to EU’s economic competitiveness in the global arena.
This is different from the concept of indirect effect which refers to the reliance on EU sources of law in the interpretation of national laws.2 Direct effect is also different from direct applicability as the latter refers to sources of international law that are directly applicable without the necessity of implementation into national law.3 Horizontal direct effect, or the “incidental effect” occurs when EU law has direct effect between private parties within the EU.4 The direct effect of EU primary law such as non-discrimination within the original treaty will have direct effect between private parties.5 Direct effect is referred to as the principle of effete utile and is designed to
Sionaidh Douglas-Scott also said that "the ... concept of federalism does not feel quite right as an explanation of the EU which. ... is too sui generis, too complex, too multidimensional to fit into any such categorization".
In the following essay, we will try to discuss and analyze these statements with reference to Treaties, case law of the European Court of Justice and contemporary political and academic opinion, in order to understand how the European Union is organized.
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”.
The European Union policies and the workplace legislations ensure the provision of equal access to employment, fair and equal treatment of workers at the workplace such as during giving of training offers and
7 Pages(1750 words)Essay
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