StudentShare solutions
Triangle menu
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.

Economic Integration within the EU - Essay Example

(Arestis, P. et al 1999)
DG ECFIN economists are playing vital role in the ongoing forward-looking review of the European Union single market that the European Commission is chalking out. The barriers still exist in the internal market of the Union. Which indicates that many benefits have yet to be realised The potential of the single market is to be contributed to a more dynamic, innovative and competitive EU From the economic perspective of the single market review, DG ECFIN analysts advised that it is time to move towards a more economics-based and results-oriented approach using the targeted monitoring of selected markets and sectors. It would bring real improvements to the operations of the single market.
The objective is to realize the four freedoms enshrined in the treaty. . At present, this vision is a successful reality in many spheres. The individuals can live, work, study or retire in any EU country. The Consumers would have an extensive choice of products and services at lower prices. The businesses would have lower costs and more opportunities to flourish in a Europe of close to 500 million customers without internal boundaries. The expected gains for the EU economy from the single market inducts an extra 2.2% on GDP and more than 2.75 million jobs created between 1992 and 2006.

The single market may be deemed as a natural coefficient of economic and monetary union (EMU). The euro is not only substitutes the single market by removing the costs and inconveniences of multiple currencies, but it is also the concrete expression of the willingness of the euro-area Member States to work together within EMU. This is a strong, united and sustainable EU economy that can defend Europe's citizens against global catastrophe and turbulence.

Many policies for a single market

Using a constitutional political economy approach, this paper attempts to demonstrate that both the "principle of integrity" and the "principle of efficiency" of collective action appear to be violated by the European economic constitution. This occurs, respectively, because its provisions are not neutral, nor revisable, and because they do not sufficiently allow for the possibility of cooperative collective decision (leading to convergence in welfare) in a more than ever numerous and heterogeneous EU. Essential argument in this respect regards the implications of the structurally different economic performances and incentives of small and large countries under the European economic constitution. (Laurent, E., and Cacheux, J. L. (2005),

From the very beginning, the single market mechanism was more important than an economic policy decision. The ongoing crucial negotiations on an EU patent to defend European innovations; and a common trade policy. It would gives flawless access to the single market for our global trade partners while promoting EU exports and our social and environmental standards globally.

It was expected to launch a more dynamic, innovative and competitive EU economy. This has not materialized: economic growth in the EU, determined by GDP per capita, has been below that of the US over the last ten years. Fabienne Ilzkovitz, one of the report's authors, who clarifies the economic ...Show more
Cite this document
  • APA
  • MLA
(“Economic Integration within the EU Essay Example | Topics and Well Written Essays - 2000 words”, n.d.)
Retrieved from
(Economic Integration Within the EU Essay Example | Topics and Well Written Essays - 2000 Words)
“Economic Integration Within the EU Essay Example | Topics and Well Written Essays - 2000 Words”, n.d.
  • Cited: 0 times


Economic incorporation within the EU has got an inferior attention to the accomplishment of Political Objectives of the Union. Growth pact amongst European Union (EU member states to underpin the introduction of a single currency and a "single market" within the EU has emphasised, more than political agendas…
Author : bernhardeuna
Download 1
Economic Integration within the EU
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Economic Integration within the EU"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Trust within EU
Specifically, countries from the Eurasia region, which were former states of the Soviet Union, such as Bulgarian, Romania and Estonia have joined the EU (Brydon, 2008, 159). Among these new members, Bulgaria is the biggest in terms of the area, and this has an implication of the environment (Carius et al, 2011).
10 pages (2500 words) Essay
Economic Integration Law
As years pass on there is an increasing trend witnessed in regional economic integration. According to World Trade Organisation (WTO) report, more than 150 member countries are enlisted in one or the other trade agreements at regional level. Generally, the countries those who are geographically near were come closer to each other and establish economic linkages through preferential trade agreements and form regional integration.
26 pages (6500 words) Essay
Economic Integration has been the Most Concrete and Visible Achievement of the EU Since its Creation
The decision concerning economic integration is often regarded as a major consideration in the European Union (EU) which tends to facilitate to build an effective and rigorous framework of monetary practices of the member nations. It is principally recognized as a form of integrating monetary standards which has been witnessed to facilitate the member nations to independently develop their economic stability.
7 pages (1750 words) Essay
Problems of trust within EU integration process
European integration has seen the light of the day through European Union, as well as the Council of Europe. European integration can be credited for numerous achievements within the last sixty years with prominent accomplishments being the creation of an internal market where people, goods, services, and capital can move freely (Topan 2001, p.30).
4 pages (1000 words) Essay
Economic and political integration in EU
This perhaps, can be termed the greatest single accomplishment the integration of European States has accomplished (John Gillingham, p.xi, Preface, 2003). Since its inception in the 1950s, the integration of the States in Europe has witnessed changes that can be best described in four parts.
10 pages (2500 words) Essay
Integration Theory And Policy Development In The EU
The EU's policy in the protection of the ozone layer, illustrates the levels of integration required to fulfil its obligation to ensure that the guidelines laid out by the policy are met by all member states. This paper seeks to explain the role of integration theory in EU policy development.
8 pages (2000 words) Essay
Discuss the extent to which economic integration within the EU has been subordinated to the achievement of political objectives
The alternative debates embrace a number of new aspects of integration within the EU which entails a number of insights. These include a different analysis from that of "new monetarism" (see Arestis and Sawyer, 1998), new objectives for economic
8 pages (2000 words) Essay
Discuss the extent to which economic integration within the EU has been subordinated to the achievement of political objectives
Moreover, whilst the initial goal of the EU was to provide mutual security and co-operation amongst member states in the aftermath of the Second
11 pages (2750 words) Essay
Discuss the extent to which economic integration within the EU has been subordinated to the achievement of political objectives
These six countries signed a treaty to run their heavy industries – steel and coal - under a single management, so as to prevent them from making weapons of
8 pages (2000 words) Essay
Integration of Albania to EU; opportunities and challenges
However, macroeconomics of Albania has been reported to improve in the recent years and more foreign organisations are ready to invest in the country. The major challenge is on the uncertainty of the political system proves and still remain a major risk. Albania
4 pages (1000 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Economic Integration within the EU for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us