The European Union, a world economic power?

Thèmes abordés

European Union world economic power

Résumé du document

The European Union originated with the The European Coal and Steel Community (ECSC) in 1950, after the Second World War. This one aimed at straightening and at helping economically and financially Europe very weakened at this moment. It is a six-nation international organization which includes: France, West Germany, Italy, Belgium, Luxembourg and the Netherlands. Nowadays the European Union is ready to compete with world's biggest economic powers. So we can wonder: which place for the European Union in the world economy? We will see that the European Union is a world large-scale economic power (I) with as main engine the Rhenish space (II) but that she still has to face certain limits (III).

Extraits

[...] One of the strategies of the European Union to assert itself as an economic power it is to charge a common economic tax. What explains why its world economic exchanges are of 30%. It exchanges mainly with the other poles of the Triad which are the United States billion export in 2005, and Eastern Asia towards which it exported for 200 billion dollars. Moreover, the European currency that is the euro affirms itself more and more in front of the American dollar. [...]

[...] The characteristic of the economic construction of the European Union makes it a formidable competitor compared with the other world powers. Europe is a very attractive territory of the economic point of view for the investors of the foreign countries. Very many transnational firms are installed there. But it also could compete with the American giant Boeing with overhangs in the aerospace field: Ariane esapce and Airbus. It is besides the first transmitting and receiving of Foreign Direct Investment (FDI). In particular because of many foreign industries which are on its ground. [...]

[...] Steiner Sarah Anglais : Essai Subject: The European Union, a world economic power? The European Union originated with the The European Coal and Steel Community (ECSC) in 1950, after the Second World War. This one aimed at straightening and at helping economically and financially Europe very weakened at this moment. It is a six-nation international organization which includes: France, West Germany, Italy, Belgium, Luxembourg and the Netherlands. Nowadays the European Union is ready to compete with world's biggest economic powers. [...]

[...] Europe is not investing enough in the field of the innovation; it loses a major economic asset which could have made of it an incomparable economic power. Between 2004 and 2007, the European Union increased considerably. It passes from 15 to 27, including 12 new countries resulting mainly from the ex communist bloc. These countries know a considerable economic delay, which slows down the development of the union. Indeed, it is necessary for certain countries to catch up with up to 25 years of economic delay. Regional disparities are also increased. [...]

[...] The European Union, which is nevertheless an important demographic hearth, sees its population aging more and more. And by 2020 that will account for of the working population in less. Fertility rate being also relatively low according to the countries, the only source of labor which remains him are the migratory flows coming from abroad. It must thus count on its international reputation and its world economic radiation to attract a new population. We said previously that the European Union was one of the research and development center. [...]