Nobody downloaded yet

POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET - Essay Example

Comments (0) Cite this document
Summary
Two related purposes are aimed by the European Union, which allocates funds that are referred as Structural Funds and Cohesion Funds. In this regard, poorer regions of the Europe are supported by these funds, which play a vital role in developing and enhancing the European continent in various perspectives…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.3% of users find it useful
POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET
Read TextPreview

Extract of sample "POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET"

Download file to see previous pages 195 billion budget was prepared by the European Union for the purpose of Structural Funds from the period of January 01, 2000 to December 21, 2006.
This allocation of the budget was used in different sectors, especially the transport sector, and poorer regions of the continent were supported and integrated with different developing schemes of these structural funds. On the other hand, the budget for the Cohesion Fund was allocated to the amount of 18 billion, which was also used for different schemes and allocations in the European Union. (Halkier, 2004)
In this regard, the major amount of the European Union's funding is spent on the Structural Funds, and the bulk of European Union's funding is made up these structural and cohesion funds. In addition, the Common Agricultural Policy is also included in the bulk of European Union's funding along with the abovementioned funds. (Artis, 2006)
The areas and regions of the European continent, which are under the pressure of various difficulties are helped and supported by the European Union's Structural Funds. The decline of the local European industry could be the reason of these difficulties. Else, reduction of farm incomes due to the reduction in commodity prices could also be responsible for the lacking of resources to these regions. (Evans, 1999)
In the result, sponsor projects are helped and supported by these structural funds, by which, locally identified needs would be addressed directly by it. Some of the sponsor projects that are fun by the structural funds are credited to train local people with different skills, which may help them in building their careers, or help them in setting-up their new businesses.
Mainly, there are two objectives of the European Union's Structural Funds. Firstly, the regions with lack of development are enhanced and advanced by the adjustment of structural funds, which help in promoting development in these areas. Mostly, the lagging-behind areas are supported in the first objective of the European Union's Structural Funds.
Secondly, local areas that are found to be facing structural difficulties are converted socially and economically by the support of these structural funds. The social and economic conversion is done in such a way that areas are provided with different developing opportunities, which help them in developing and advancing themselves and their areas. (Evans, 1999)
Another objective was regarded in the structural funds of the European Union. In this regard, education, employment, as well as, the training systems and policies of the European regions are adapted and modernized by the support and coordination of the structural funds and their different planning and implementation of different projects in these areas. In all these three objectives, the transport sector has been specifically given a significant importance in the funding of these structural funds by the European Union.
However, outside the specific areas of the first objective of the structural funds, the fisheries sector is also being restructured by the implementation of a special scheme. In addition, the European Union is witnessing the implementatio ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET Essay”, n.d.)
POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET Essay. Retrieved from https://studentshare.org/politics/1508612-political-economy-of-the-single-european-market
(POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET Essay)
POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET Essay. https://studentshare.org/politics/1508612-political-economy-of-the-single-european-market.
“POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET Essay”, n.d. https://studentshare.org/politics/1508612-political-economy-of-the-single-european-market.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET

European Single Market

...? European Single Market Part One Were Ultra and Media en d to ban the Infran Produce? One of the important characteristics of the market of the European Union (EU) countries is the free movement of goods between economies. This movement has facilitated to develop the internal market of the EU which in turn has encouraged the European businesses to grow and flourish. The EU has formulated laws to ensure that no quantitative restrictions are placed on the import and export of goods between the member countries. There can, of course be exceptions to such cases. This paper attempts to analyze the pros and...
14 Pages(3500 words)Essay

The European single market crisis

...The European single Market Crisis Table of Contents Table of Contents Introduction 2 The crisis in the formation of single markets 3 Possible solutions to the single market crisis 6 Conclusion 16 Bibliography 17 Introduction The European economy reigned in propulsion since the 1980s until 2008-2009 when it suffered from adverse recession, and increased unemployment. It had dwindling rate of economic growth following this period globalization. However, the country intensified in propulsion of relevant aspects that would capacitate it to recover from the economic situation that also...
16 Pages(4000 words)Essay

European Single Market

...?Running head WILDBEAR: EUROPEAN SINGLE MARKET European Single Market Insert Insert Insert January 29, A report from the Head of Legal Department, Unifilm plc Overview Our company, Unifilm plc is a registered public limited company in the United Kingdom. United Kingdom is one of the key members of European Union (EU), a union that draws its members from the independent and sovereign states found in Europe. As such, our operations as a company are under the provisions of the EU laws. The EU has had a number of treaties that outlines its operational policies. The first two treaties are the ‘Treaty on...
7 Pages(1750 words)Essay

LAW 2112 EUROPEAN SINGLE MARKET

...the EEC Treaty coming into force a “new legal order” came to exist, which caused EU law to enter into domestic law and that domestic courts are “bound to enforce” it. And (2) that “transfer from [member states’] domestic legal systems to a Community legal system” meant a loss of sovereignty and hence any subsequent act made in breach of EU law would be ineffective, since EU law would prevail. It was held by the ECJ: To allow national laws to be effective even when they conflict with EU law would frustrate the aim of creating a truly common market. It is implied that EU law is supreme over national law: otherwise it would be meaningless to say that regulations are binding and directly applicable…as national legislation...
7 Pages(1750 words)Essay

The Single European Market

...?The Single European Market Number Due Indeed it is not a matter of argument on the success of the Single European Market. The major objective of the European Union at its formation as the European Economic Community was to make the economies of the member states very interdependent and to reduce the chances of any wars between the countries. Through time, much progress has been realized in the EU given the creation of a single market and the adoption of a single currency across the region. Further, there has been a coordinated conduct of...
3 Pages(750 words)Essay

The Single European Market

...? Single European market One of the major aims of the European Union was to make the member s economies completely mutual.This led to the creation of the single market. The European single market consists of the most determined and broad in scope supply-side program to be launched in the European countries commonly termed as the White paper 1985 (Barnard, 2002, pp. 10). This was aimed at increasing and providing sustainable jobs and to enhance the economic growth within the member states, provide for one currency between the member states and free...
3 Pages(750 words)Essay

Single European Market

...the construction of the Single Market will be conducted without a breach of continuity. While one set of tasks moves forward, the other one even more complex will certainly appear. According to the official reports (EUROPEAN COMMISSION, 2004) of the beginning of the decade, positive influence of the Single Market on economy of the member-states began to fade on a number of parameters. Therefore the fifth, the most arrogant expansion of the European Union of 2004 has been called to recover dynamics of economic parameters. And indeed in the process of the Single Market expansion on the...
7 Pages(1750 words)Essay

POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET

...of U.S. and Japanese corporations, complemented at a later stage by Chinese and East Asian companies. The scary presence of neighbouring USSR fuelled the process of EU integration and after the collapse of the Soviet Union boosted EU’s enlargement process, sometimes adopting countries which were not well prepared to become members of this ’club of riches’. This controversial process is far from finished, but it is really a great achievement in terms of how deep tens of independent national economies can integrate to create a single market and to waive sovereignty in the name of the European common economical and political space. Works Cited Altomonte, C....
6 Pages(1500 words)Essay

European Political Economy

...Libson Treaty The purpose of this essay is to critically assess the effects of the Lisbon treaty on the processes of political and economicintegration in Europe. Firstly, it discusses the terms of the Lisbon treaty briefly then moves on to how the Lisbon treaty can help the 27 member states of the European Union to integrate politically and economically. It also discusses briefly the roles of the EC and EP under the new treaty with regard to the incorporation of the member states. Thesis Statement and Research Methodology In this paper I will critically assess the effects of the Lisbon treaty on the processes of political and economic integration in Europe. For the...
6 Pages(1500 words)Essay

LAW2112 European Single Market

...European Single Market A. Marie (French) A linguistic competence requirement in Welsh may not be discriminatory, and therefore not a breach of the freedom of movement of workers under EU law, as against Marie, if the school where she applied as a PE teacher uses the Welsh language as its medium of teaching. Article 45 s(2) of the Treaty on the Functioning of the EU provides that the freedom of movement of workers granted to EU citizens under the said law entails the elimination of discrimination on the basis of nationality that can render the purpose of the said freedom, which is mobility within the Union, defeated. However, under Regulation (EEC) No 1612/68 issued on October 15 1968 on...
6 Pages(1500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET for FREE!

Contact Us