Impact of European Union on the Small States in the EU - Research Paper Example

This paper adopts the thesis statement that European developments have brought out many alterations in small states. However, these alterations occur in both positive and negative measures. Smaller states are in consideration because their economic development happens to less than compared to other bigger states such as Britain and France. Additionally, the population level in small states happens to be low than in the bigger states. In most cases, such small states have less influence on the decisions made by European Union.

Such happenings happen to be in existence because decisions made by European Union during different summits affect these small states in general. For example, the regulations set to regulate the interest levels have affected the small states both positively and negatively. This research is beneficial since it initiates a better understanding of the policies affecting small states either positively or negatively. Additionally, this research identifies the major reasons as to why such small states are affected by the policy developments made by European Union.

In general, the research will offer differential weight on the benefits and effects of policy development by the European Union to the small states. The relevant question at hand states which are the major policies and developments that have influenced and affected smaller economies because of alterations made by the European Union. As stated, the topic understands the need of providing a discussion on the policies made by the European Union. The policies may have a greater influence on cultural differences, political status, and economic growth.

European integration involves a process in which several European states join either partially or wholly. However, this integration depends on several factors such as economic, industrial, legal, political, cultural, and social factors. The European Integration has happened majorly in the European Union and the European council. The European integration was initiated in the year 1951. The integration started after the trade restriction policies were dropped on the trading of coal and steel in European states such as France, Germany, Netherlands, Belgium, Italy, and Luxembourg.

The drop of trade restrictions continued for a period until the formation of the European Union in the year 1993 (Holoubek, 2013).