European Economic Integration – 110451-0992 – 2014

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European Economic Integration – 110451-0992 – 2014. II I EU’s T rajectories in D eepening and W idening. - PowerPoint PPT Presentation

Transcript of European Economic Integration – 110451-0992 – 2014

  • *European Economic Integration 110451-0992 2014 III EUs Trajectories in Deepening and Widening Prof. Dr. Gnter S. Heiduk In the 2012 State of the Union address, President Barroso proposed that the EU move towards becoming a federation of nation states. He also announced a blueprint for the autumn on deepening economic and monetary union.Report on 2012 EU enlargement strategy released, with assessments of progress toward EU membership by Croatia, Iceland, Turkey, the former Yugoslav Republic of Macedonia, Albania, Bosnia and Herzegovina, Montenegro, Serbia and Kosovo.

  • The EuroBroadMap project aims to produce a non-Eurocentric vision of Europe in the world. Until now, two large scale surveys have been set up. The first one focused on 9350 students in 43 cities of 18 countries in the world chosen to allow interesting comparisons. It aims to check the variation of the perception of Europe in the world as a homogeneous population (students between 20 and 25 years old) has been surveyed. The survey has been done in EU countries, Eastern and Southern neighboring countries and remote countries. The second survey focused on migrants in an anthropological perspective. It aims to check the variation of the perception of Europe in space and time among a particular population.The survey conducted on students already shows interesting results on Europe perception even if the analysis of the maps is still in progress. For example, we have noticed very huge differences in the question where students are invited to associate 5 words to Europe with EU student using an economic and institutional vocabulary and other students having a balanced point of view with reference to luxury, well being, development level but also domination and racism. But whatever the words used Europe appear as one of the most attractive place of the world for the students. Visions of Europe in the World


  • *American Visions of Europe

  • *Perception Matters: News on EU in Media, Selected Countries, I-VI/2012 Source: Asia-Europe Foundation (2012), ASEM Outlook Report 2012, Vol. 1, p 120.

  • *News Coverage on EU in Media by Category, Selected Countries, I-VI/2012 Source: Asia-Europe Foundation (2012), ASEM Outlook Report 2012, Vol. 1, p 122.

  • *Spontanous Perception on EU by the Public in Selected Countries, I-VI/2012 Source: Asia-Europe Foundation (2012), ASEM Outlook Report 2012, Vol. 1, p 128.

  • *Most Freuquent Adjectives of the Public on the EU in Selected CountriesSource: Asia-Europe Foundation (2012), ASEM Outlook Report 2012, Vol. 1, p 130.

  • *Most Important Issues for Cooperation: The Asian and the European ViewThe Asian ViewThe European ViewSource: Asia-Europe Foundation (2012), ASEM Outlook Report 2012, Vol. 1, p 131/2..

  • *Deepening versus or/and widening? Deepening: Schengen Agreement (example)Widening: EU = Europe or even more?

  • *History of Integration

    YearMonetary Union(Economic) IntegrationNew Members1952European Community for Coal and Steel1958European Economic CommunityBelgium, France, Germany, Italy, Luxembourg, Netherlands (The Six)1968Customs union for industrial products1972snake agreement1973Denmark, Ireland, UK1979European Monetary System (EMS I)1981Greece1986Portugal, Spain1990European Monetary Union (EMU) Stage One (capital account liberalization)East German Lnder1993Common market1994EMU Stage Two (economic convergence)European Economic Area1995Austria, Finland, Sweden1999EMU Stage Three (monetary union, introduction of bills and coins on Jan 1st 2002)2003European Convention (presentation of the first draft to an EU Constitution on July 18th 2003)2004May 1st, 2004: Ten new entrants including Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia 2007200920112013

    Cyprus and Malta join the EurozoneEstonia joins the Eurozone (17th member)January 1st, 2007: Bulgaria, Romania

    Croatia (28th member)

  • European Union in Numbers

  • *European Union in Numbers Source: EUROSTAT, euroindicators

  • European Union in Numbers European Union, GDP per capita, PPP (thousand US$)

  • *European Union in Numbers

  • European Union in Numbers

  • European Union in Numbers

  • European Union in Numbers Government Debt-GDP Ratio for Selected Countries, 2007-2011

  • European Union in Numbers EU-27: General Government Gross Debt, 2002 2012 (EURO million)Source: EUROSTAT, tsdde410

  • European Union in Numbers EU Member States: General Government Gross Debt, 2012 (percentage of GDP)Source: EUROSTAT2002

  • *European Union in Numbers Population in millions, 2011EU-27 Population Pyramid, 2008, 2060








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  • European Union in Numbers Population Structure by Major Age Groups, EU-27, 1990 2060 (% of total population)

  • *European Union in Numbers EU-27 Age Structure of National andNon-National Populations, 2010 (%)Citizens of Non-Member Countries Residing in EU-27 by Continent of Origin, 2010 (%) Share of Non-Nationalsin the Resident Resident Population,2010 (%)

  • European Union in Numbers Real GDP Growth Rate, 2012 (percentage change on previous year)Source: EUROSTAT, tec_00115

  • European Union in Numbers EU-27 Employment Rate, 2012 (% of persons aged 15-64 by total population in the same age group)Source: EUROSTAT, tsdc420

  • European Union in Numbers Unemployment Rate, Annual Average, EU-27, USA, Japan, Selected YearsSource: EUROSTAT, teilm0202013: EU-28

  • European Union in Numbers Leading Exporters Share on World Goods Exports, 1950 - 2010

  • European Union in Numbers Source: EU, Trade Policy 2014EU: # 1 in Trade and Inward FDI

  • *European Union in Numbers 10 Major EU -28 Trade Partners, 2012Source: EU, Trade Policy 2014

  • *European Union in Numbers EU Total Inward and Outward Flows and Stock of FDI Source: EU, Trade Policy 2014

  • *European Union in Numbers EUs FDI by Major Host Countries/Regions, 2011 Source: EU, Trade Policy 2014

  • European Union in Numbers Euro Exchange Rate against Selected Currencies, 2000-January 2014

  • USD-Euro, 1 Minute Interval, 14:50 16:00 on 28 January 2014

  • European Union in Numbers The Economist Big Mac Index, July 2013Source:

    CountryBM price in local currencyBM price in USDImplied purchasing powerActual USD exchange rateUnder (-)/Over(+) ValuationU.S.A.4.564.56China16.002.613.516.13- 42.76Euro Area3.623874.660.800.78+ 2.25Japan3203.2070.23100.11- 29.85Norway467.5110.106.13+ 64.73Sweden41.616.169.136.76+ 35.12Russia872.6419.0932.94- 42.04

  • The Institutional System of the EU Council of the European Union

  • The EU is run by five institutions, each playing a specific role:

    European Parliament (elected by the people of the Member States); Council of the Union (composed of the governments of the Member States); European Commission (driving force and executive body); Court of Justice (compliance with the law); Court of Auditors (sound and lawful management of the EU budget).

    The Institutional System of the EU Five further bodies are part of the institutional system:

    European Economic and Social Committee (expresses the opinions of organised civil society on economic and social issues); Committee of the Regions (expresses the opinions of regional and local authorities on regional policy, environment, and education); European Ombudsman (deals with complaints from citizens concerning misadministration by an EU institution or body); European Investment Bank (contributes to EU objectives by financing public and private long-term investments); European Central Bank (responsible for monetary policy and foreign exchange operations).

  • The Treaties The Treaty of the European Coal and Steel Community (ECSC), or Treaty of Paris, was signed on April 18, 1951 and came into force on July 25, 1952.The intentions of the founders of the ECSC were that it should be merely a first stage towards a 'European Federation'. The common market in coal and steel was to be an experiment which could gradually be extended to other economic spheres, culminating in a 'political' Europe.

    The Treaties of the European Economic Community (EEC) and