POLITICAL ECONOMY OF THE SINGLE EUROPEAN MARKET

The Political Economy of the Single European Market

The European Union is the strongest regional bloc in the world today Formally unified in 1993 by the Maastricht Treaty in the Netherlands the European Union continues to be a determining body not only in the European continent but in the whole International community as well (The Origins Development of the European Union 1945-2008 : A History of European Integration ) It is regarded as the most stable economic and political entity in the world today and it continues to grow more and more . Today , it is

known to be a premier advocate of human rights not only extending its arms to the rest of the continent but goes as far as Asia and Latin America

The European Union is known as the most established regional bloc there ever was in history . Though other blocs like Association of Southeast Asian Nations (ASEAN , Mercado Comon de Sur (Mercosur - the South American Common Market ) and African Union are striving to be like the European Union , have equalled the achievements of the EU so far (The Origins Development of the European Union 1945-2008 : A History of European Integration ) The Union has established for itself a legacy for the International community which will always be looked up to , not only by scholars of today but future generations as well . It has become an icon , an institution in the history of Global Politics and Economy

The European Union began its legacy in the 1950 's when its six...