A Briefing on the European Union - the past, present and future -. Mattias Hamberg. The starting point. Why do I (you) need to know anything about the European Union?. Top 10 States for EU Foreign Direct Investment.
Why do I (you) need to know anything about the European Union?
Source: U.S. Department of Commerce, Bureau of Economic Analysis, 2002. Foreign Direct Investment in the United States. Operations of U.S. Affiliates of Foreign Companies. Preliminary 2000 Estimates. Investment figures are for 2000.
Source: U.S. Census Bureau, Foreign Trade Division/ MISER 2002. Figures are for 2001.
-Creating stability between nations by
-Free movement of goods,services,
capital and people
Union membership is open to any European country with a stable democratic government, a good human rights record, a properly functioning market economy, and sound macroeconomic policies. Candidates must also have the capacity to fulfill and to implement existing EU laws and policies (known as the acquis communautaire).
Are the common markets only for Europeans?
-Gives EUROPE a stronger position
-Reduced costs of changing money
Con: -European economies are not uniform
-Mobility is not good enough
-Single currency blocks a geographical expansion of the union
Europe is spreading its wings. In freedom. In prosperity. And in peace. It is a truly proud moment for the European Union. It is a triumph for liberty and democracy. To our new members I say: “Warmly welcome to our family”. Our new Europe is born.
Main question for the future: Will all countries benefit from the same economic policy?