European Business Environment, 1st edition

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Contents

introduction ani study guide 11

Parti

The European Integration proces 20

1 «changing Cndnev' i4 ! >

1.1 I he dogie rnarM. ?f>

1.2 Aims of European integration 23

1.3 Hit background o (m>pes% integration iУ L c»nrlusions 27

Questions 28

2 The theory of integration 29

2.1 The concept of economic integration: static and dynamic effects 3 f

2.2 Stages in the European integration process 35

2.3 Two schools of European integration: federalism versus Inter-govemmentalism 52

1 The road to EMU: preconditions for achieving an optimal currency area .5.5

2.5 Regional economic integration worldwide: a global perspective on the ЕУ 65

2.6 The europeanization of business 73 Conclusions 81

Questions 82

3 Hie development of the European Union and IT: impwJ ой PfsSrtec. 55

3.1 From a European continent <o the European TommunttK4'' 8/

3.2 Flie effect of the Treaty of Rome on busifless 95

3.3 The effect of the Treaty of Maastricht on business ! *0

3.4 The effect of EU enlargement on business 108

3.5 The Treaty of Lisbon 11.2 Conclusions f 15 Questions 116

4 The organization of the European Union f 19

4.1 introduction to the organisation 121

4.2 The separation of powers in the EU ! 25

4 3 "flie legislative branch 130

4.4 The executive branch 06

4 5 The judicial branch f 40

4.5 Organizations! changes H8 Conclusions 'ISO Questions 151

Parti