Europe and the integration process 

Journal Title: Academicus - International Scientific Journal - Year 2011, Vol 2, Issue 3

Abstract

People in different country, may find that globalization and transnationalization of the nation also offer opportunities. Globalization in its literal sense is the process of transformation of local or regional phenomen into global ones. It can be described as a process by which the people of the world are unified into a single society and function together. Supporters of free trade claim that it increases economic prosperity as well as opportunity, especially among developing nations. It also enhances civil liberties and leads to a more efficient allocation of resources. Economic theories of comparative advantage suggest that free trade leads to a more efficient allocation of resources, with all countries involved in the trade benefiting. In general, this leads to lower prices, more employment, higher output and a higher standard of living for those in developing countries. The EU represents one of the greatest experiments in political and economic history. For the first time nations have chosen to surrender aspects of their national sovereignty to a central body that has a responsibility to ensure that they act for the good not only of themselves but of other nations as well. All of us can be part of EU in every single moment by travelling without visas, using euro, making business or applying european law. The EU provides the first example of a truly supranational body where the ambitions of nations curbed by a need to co-operate in order to succeed. This body helped bringing incredible political and economic stability to Europe. I would like to underline the force of globalization movement and the Euro impact, which is now a fact against all arguments. 

Authors and Affiliations

Arben Shehu

Keywords

Related Articles

Inflation, exchange rate and efficacy of monetary policy in Nigeria: The empirical evidence

This paper analyses the post SAP persistence of inflation in Nigeria for the period,1960-2008 with exchange rate, money supply and trade balance as preferred influential variables. To investigate the effect of policy swi...

Three growing questions about Masonry

Through three capital questions, this short essay tries to offer a general panorama and a better understanding of the proteiform complex body or Masonry. Through by a multi-level hermeneutic, this study get the ambition...

Modern legal systems and the principle of “Culpa in Contrahendo”: A review of the Albanian model of pre-contractual liability on a Roman-Germanic model reference.

The doctrine of “culpa in contrahendo” constitutes an integral part of the legal systems of different states, although its content differs from one country to another. “Culpa in contrahendo”, as the states with a civil l...

The Albanian mechanism for guaranteeing the right to compensation for unjust imprisonment and wrongful conviction, in the light of obligations arising from international acts

Punishment with imprisonment and the security measureof detention on remand, are among the most severe sanctions and convictions provided by the albanian criminal legislation. The unjust serving of such measures or punis...

Electoral Offenses in The Common Law System

Electoral behavior is a new element in the political analysis of democracy in Albania. Distinctive features of the Albanian transition distinguish other models of the former communist countries, as well as significantly...

Download PDF file
  • EP ID EP125273
  • DOI -
  • Views 135
  • Downloads 0

How To Cite

Arben Shehu (2011). Europe and the integration process . Academicus - International Scientific Journal, 2(3), 153-163. https://europub.co.uk/articles/-A-125273