Western European Politics
The European Union:  A Vehicle for European Unity

eu flag    euro symbol   

Why Europe? Why now?

      European History
          clash of religious/cultural/political ideas and
          economic interests

          Culminates in the two World Wars
          The end of history?
                Fukayama, 1989
                for W Europe the choice comes sooner
                begins the 1950s
                process lasts through the end of the 20th Century

          Europe's ideological choice
             not US model
             not Communism
             Third way:  social democracy
            
    EU
        1. as recognition of this political, cultural convergence
        2. as Europe's conscious choice for peace
        3. as a vehicle for economic restructuring
            and the consolidation of Europe's economy
            efficiencies in agricultural production*
            regional aid, investment*
            capital investment, e.g. Airbus
            labor markets
            prices, consumer choices

          eu financial perspective

        4. as a counterweight to American hegemony
             both economically and politically in international affairs     

 

History of the European Union
1951 - Treaty of Paris
European Coal and Steel Community (ECSC)

eu 1951

Purpose: to reduce economic (and, hence, military) competition in coal and steel industries among original six members by forming a customs union for coal and steel.

Original six - France, Germany, Italy, Belgium, Netherlands, Luxembourg (collectively referred to as the BENELUX countries)

1957 - Treaty of Rome
Est’d European Economic Community (EEC) and EURATOM along side ECSC
 
EEC purpose: to expand customs union to other goods 

elimination of customs duties

common external tariffs

free movement of labor / capital

common policies in agriculture, transport, competition
 
1962 - Common Agricultural Policy (CAP)
goals:
improving farmers living stnds.
reduce overproduction
subsidies and quotas

1968 - customs union in place

1970 - Financial autonomy achieved through:
Customs duties on imports

Value Added Taxes (VAT)
EU Sources of Revenue 2004

eu revenues 2004

1970 -  regular meetings of foreign ministers begin

eu 1973
1974 - Summits of Heads of State European Council begin

1978 - European Monetary System (EMS)
members start to coordinate the value of their currencies, limit the range of variation between them over time

eu 1981

1986 - Single European Act (Delors)
single market/free trade area
to be in place by 1992
eradicate trade barriers

qualified majority voting introduced at Council of European Union

  eu 1986

1992 - Treaty on the European Union (Maastricht Treaty)
also called the Maastricht Treaty because it was negotiated and signed at Maastricht, The Netherlands, during the Dutch presidency

3 Pillars of the European Union Enumerated in TEU
1)  EECS/EMU
    Set timeline for Monetary Union
    European Monetary Institute as of Jan 1 1994 (precursor to European Central Bank)

    convergence of exchange rates
    stronger cooperation among central banks
    coordination of monetary policies

    
set criteria for participation in the currency union

2)  Common Foreign and Security Policy (CFSP)
3)  Judicial and Home Affairs
      visas, asylum

TEU/Maastricht Treaty also introduced:
An enhanced role for the European Parliament

 

1997 - Treaty of Amsterdam
Four Main Areas of Emphasis
1.  Citizens Rights
    enumerated in the Social Charter
    including employment

2.  Borders
    internal free;
    external “ring fence”

3.  A Stronger Voice in World Affairs
4.  Decision Making to be Streamlined
     with an eye toward expansion

     yet co-decision still a general rule
 

Economic and Monetary Union

began with coordination of exchange rates since 1978
macro-economic coordination

Currencies to be phased out by July 2002

The Euro

Convergence Criteria
    public debt not to exceed 60% of GDP
    deficit not to exceed 3% of GDP
    inflation rate within 1.5% of 3 lowest countries' rates
    independent central bank
    long term interest rates within 2% of lowest 3 countries' rates
    exchange rate fluctuations within normal range (i.e., stable currency)

Euro Zone
 
euros

euro 500    euro 500 back


The Political Evolution of the EU

From Intergovernmental Organization
Hallmarks of Intergovernment EU
 
unanimous decision making
 strong Commission
 weak, appointed parliament
 trade, competition

To post-industrial Supranational Organization
Hallmarks of Supranational EU

 qualified majority voting
 Commission as executive force "government"
 directly elected, stronger Parliament
 trade, restructuring, currency union, foreign policy, social rights, citizenship
 
EU Geographic Expansion
1973 - UK, Ireland, Denmark
 (Norway referendum fails)
1981 - Greece
1986 - Spain, Portugal
1995 - Austria, Sweden, Finland
 (Norway referendum fails)

2004 - Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia,
Slovenia

2007 – Romania, Bulgaria

eu net contributors and receivers

Maps of EU Expansions

Airbus:  An example of European Cooperation in Capital Investment, R&D, and Production