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Strengths and Weaknesses of the European Union

The European Union is a result of an effort to build a more unified Europe. Fifty years ago, after World War II, Europeans were seeking out a way to prevent another war as costly as this one had been. This would have to be done in both the economic aspects as well as politically. This would be good for Europe in that everyone would benefit from this unification and more powerful as a whole. The major difficulty to this is going to be the cultural differences between the countries themselves. This could lead different countries to feel as if they have to defend their cultures from attacks and could result in a total loss for this union.

The start of the European Coal and Steel Community was proposed by the foreign minister of France, Robert Schuman and consisted of six nations - Belgium, Germany, France, Italy, Luxembourg, and the Netherlands. The reason for this unification was to group together all of their coal and steel into a joint market. In years following, Rome Treaties established the European Economic Community and the European Atomic Energy Community, which extended this common market to all areas of the economies of these nations. In 1967, these three treaty organizations were collaborated into a single gover


There are many strengths that resulted from this unifying of Europe. First off is the union's ability to promote economic progress by collaborating markets and even the establishment of the Euro (new currency that will be standard throughout Europe). Since it's founding in 1952, the economic community has shown to be encouraging. The European Coal and Steel Community resulted in a production increase of "75% in the ECSC nations" between 1952 and 1960. One of the biggest economic factors of this unification is the elimination of border tariffs on coal and steel between the members of the nation. Without this, the amount of competition would have been too great to conquer.

With these great strengths, come weaknesses as in any unification. The biggest conflict the Union faces is the cultural differences. Different nations have many different foreign policy objectives and goals but the purpose of the Union is not to force everyone into one culture, but it is difficult to become uniform when old traditions (habits) tell them to protect themselves from a cultural attack. This is a good example of a realist's point of view of someone always wanting to be on top and fearing someone else's gaining strides towards overtaking another. This is something that the chairmen of the Union have to come up with ways to make all the different cultures feel safe under their policies while maintaining their own culture.

Europe's currency is still something that has been a work in process. This would unify Europe to a much higher level than its already successful state. Having a common currency within these countries will boost the economy from within as well as externally. People spending within, once adjusted to its value and their stereotypes of the euro are leveled off, will enormously increase trade within this union between the different countries, as well as in their own country.

It wasn't until 1993 when this single European market emerged and the countries all joined together to form this large common market called the European Economic Area. This opened the horizons for many businessmen who wanted to take their good or service into other surrounding markets with minor limitations as well as people who wished to live or work in different sectors. This single market has numerous economic benefits due to the ability to move goods, services and capital across borders of the EEA. Tariffs and trade barriers were abolished in order to simulate trade between theses states. "In addition, the agreement covers non-economic co-operation in other important areas, such as research and development, education, social policy, the environment, consumer protection, tourism, and culture". Without the non-economic co-operation to make this European Union well rounded, the success of the economic side wouldn't be as successful. All of these movements could not have been accomplished with the Union as well.

Traveling will be enormously be simplified by this currency change. Transaction costs will be cut and leisurely travel will increase because of the simplified means of exchange. Businesses will be more opt to send employees abroad to meet with clients or even look to start up a company branch.

The general weakness of the applicant nations is also a problem. Since these nations are much poorer and weaker economically th

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Approximate Word count = 2260
Approximate Pages = 9 (250 words per page double spaced)


  

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