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Busines in the European Union

Essay by   •  February 5, 2011  •  Essay  •  644 Words (3 Pages)  •  1,478 Views

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In the past ten years, the Europe Union has gone through revolutionary changes in their economic and expansionary policies in uniting Europe. The EU Constitution will act to integrate the framework of the continent in a more political and holistic way by consolidating all treaties into a single document in order to set clear rules and divisions of powers in the zone. Then, in creating a unified Europe to counter the United States, China, and India must be a good thing for the continent wouldn't most agree? Clearly, that was not in the case in France and the Netherlands as voters dealt a fatal blow to the legislators in Brussels. After analyzing arguments brought forward by Euro-Optimists and Euro-Pessimists, it is clear that the EU Constitution will do more of a disservice than any good at this stage. First, it is crucial to first look at many different viewpoints before delving at the specifics of the arguments.

Even though the main purpose of the constitution is to remove as much as possible the barriers encountered by businesses trying to conduct cross-border deals, the socioeconomic differences between Eastern and Western Europe, as well as individual countries throughout the zone are vastly different. The economic divide is definitely closing, seen by the progress of the newly admitted countries such as Poland and Slovakia. However, there are still many unique perspectives each country has, causing many to fear for the possibility of fracture in the union with the start of a "two-tier" or "multi-layered Europe." The EU is still in a state where people are not very receptive to the unified mission of the pact, according to the "Eurobarometer" and recent poll data. There is a lack of pride in the EU presently that prevents it from being a strong business force. Consider the fact that people have little in common with people in other countries, evidenced by 50% of the population only speaking their mother tongue, a more integrated economy that transcends borders will be very unlikely. People there, unlike Americans, don't share a common language, national media, and national identity so having a constitution there just doesn't make sense at this point. The social framework has to be clearly codified before there is to be any huge economic impact to take place that will be mutually beneficial to all. The Euro is sufficient at the time being for collectively tying all the different countries together,

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