19 - Europe_March_19_10 - Europe: Economic and Socio...

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Europe: Economic and Socio- Europe: Economic and Socio- Cultural Issues Cultural Issues
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Economic Issues Economic Issues Aftermath of WWII: the feeling that  greater economic ties would prevent  hostilities European Economic Community (EEC):  founded in 1958 Belgium, Netherlands, Luxembourg, France,  Italy, West Germany Eliminated tariffs and promoted trade European Union (EU): created from EEC  in 1992 New role: competitor (economic) and  counterweight for the United States
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European Union European Union Three governing institutions: European Parliament:  Directly elected  representatives of the European people. Number  of seats based on population Council of the European Union:  Represents  the member-states, consists of government  ministers – economic, finance, agriculture etc European Commission:  Represents the EU  as a whole, with 27 members appointed by the  Parliament – propose law – either accepted or  rejected by Parliament or Council
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European Union European Union Non EU European States: i. Switzerland ii. Norway iii. Iceland Two reasons: 1. They’ve treasured their neutral role in world politics and 2. As wealthy nations, they are concerned about losing control over domestic economy
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This note was uploaded on 05/10/2010 for the course GEOG 040 taught by Professor Siehl,georgehenr during the Spring '07 term at Pennsylvania State University, University Park.

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19 - Europe_March_19_10 - Europe: Economic and Socio...

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