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Eu Integration

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Submitted By alexmr36
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As exemplified by The European Union (EU), regional economic integration is replete with political, economic, and cultural danger. Discuss through the use of valid, real-life examples

A regional economic integration, is when a certain number of nations, agree to reduce or eliminate economic barriers (and in certain levels of integration non-economic barriers as well), in order to create an adequate atmosphere between them for the flow of goods, services and factors of production. There are 5 levels of economic integration and the bigger the level is, the bigger the danger is. The EU is the biggest economic integration in the world because they have created an economic and monetary Union. After World War II, Europe was devastated in economic, political, moral and cultural terms. That’s why a certain number of countries decided to sign an agreement of “non-war” between them. Further on, the European Economic Community was created and more countries were joining it. This was the beginning of the biggest political and economic integration in the world, signed in 1957 (known as treaty of Rome). Then border barriers were removed and in 1993, the European Union was formally established. The objective of the European Union is to create an economic and political union between the members, to create a single market with common policies and a common government, which lead them to a regional economic integration. This integration has shown some profits and some dangers too. We’re going to focus on the dangers that a regional economic integration brings with it, using as a clear example the European Union and in some cases other trading blocks such as NAFTA or MERCOSUR. The first danger to be analysed will be the political danger, which implies differences of influence in the political system, immigration to other countries and “inside policies versus common policies”.…...

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