History and Instiuttions of the EU 07

History and Instiuttions of the EU 07 - THE EU: History,...

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1 THE EU: History, Institutions & Decision- making Aad van Mourik
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2 Contents Regional integration and the European Union Historical development of the European Union The institutions of the European Union Decision-making in the European Union
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3 What an extraordinary episode in the economic progress of man that age was which came to an end in August 1914!. .. The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth, in such quantity as he might see fit, and reasonably expect their early delivery upon his doorstep; he could at the same moment and by the same means adventure his wealth in the natural resources and new enterprises of any quarter of the world, and share, without exertion or even trouble, in their prospective fruits and advantages; or he could decide to couple the security of his fortunes with the good faith of the townspeople of any substantial municipality in any continent that fancy or information might recommend. He could secure forthwith, if he wished it, cheap and comfortable means of transit to any country or climate without passport or other formality, could despatch his servant to the neighbouring office of a bank for such supply of the precious metals as might seem convenient, and could then proceed abroad to foreign quarters, without knowledge of their religion, language, or customs, bearing coined wealth upon his person, and would consider himself greatly aggrieved and much surprised at the least interference. But, most important of all, he regarded this state of affairs as normal, certain, and permanent, except in the direction of further improvement, and any deviation from it as aberrant, scandalous, and avoidable. The projects and politics of militarism and imperialism, of racial and cultural rivalries, of monopolies, restrictions, and exclusion, which were to play the serpent to this paradise, were little more than the amusements of his daily newspaper, and appeared to exercise almost no influence at all on the ordinary course of social and economic life, the internationalisation of
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4 The European Union (EU) Source : http://www.eurunion.org/legislat/agd2000/agd2000.htm
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5 Regional integration Definition: « . . . Elimination of economic frontiers between two or more nations . . .[and] transfer of authority over key economic policy areas and regulation to a supranational level. » ( Source : Pelkmans, 2001) Positive vs Negative Integration
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6 STAGES OF ECONOMIC INTEGRATION Free Trade Zone Customs Union Common Market Economic Union Monetary Union Total Economic Integration
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7 Early History of the EU European Coal and Steel Community (ECSC signed in 1951: F, D, I, BENELUX) High authority: « depositary of shared national sovereignty over the coal and steel sectors » (DD, p.25), Council of Ministers, Court of Justice, Common Assembly (delegates from national parliaments) European Defense Community (EDC, signed in 1952)
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This note was uploaded on 03/23/2010 for the course ECON D0M09A taught by Professor Vanmourik during the Winter '10 term at Katholieke Universiteit Leuven.

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History and Instiuttions of the EU 07 - THE EU: History,...

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