CONTENTS 1) INTRODUCTION - JANUARY 1, 1999 2) CREATION OF THE EUROPEAN MONETARY UNION 3) THE MAASTRICHT TREATY 4) WHY A SINGLE CURRENCY? 5) THE STRUCTURE OF THE ECB AND ESCB 6) POSSIBLE PROBLEMS 7) HOW DOES IT AFFECT THE UNITED STATES? 8) THE CURRENT SITUATION AND FUTURE OF THE EURO 9) CONCLUSION IN...

CONTENTS 1) INTRODUCTION - JANUARY 1, 1999 2) CREATION OF THE EUROPEAN MONETARY UNION 3) THE MAASTRICHT TREATY 4) WHY A SINGLE CURRENCY? 5) THE STRUCTURE OF THE ECB AND ESCB 6) POSSIBLE PROBLEMS 7) HOW DOES IT AFFECT THE UNITED STATES? 8) THE CURRENT SITUATION AND FUTURE OF THE EU...

The way in which government and politics operate in West European politics says a lot about the future of the nation. Most Western European systems are classified as parliamentary because of the fusion of powers between the executive and legislature. Most are also advanced industrial democracies, co...

The Importance of a Successful NAFTA for the United States Economy In this new millennium, international trade and commercial relations are growing more quickly than world national economies. This area of growth is expected to be the source of economic prosperity for all nations. Governments wor...

On January 1, 2002, more than 300 million European citizens saw the euro turn from a virtual currency into reality. The entry into circulation of euro notes and coins means that European Monetary Union (EMU), a project devised by Europe's political elite over more than a generation, finally came do...

United Nations: Powerbroker or Toothless Tiger? The United Nations has given us the appearance that they are an integral part of the system of international relations; all they do is provide a central link in the chain of international organizations that are tackling global problems today. Furth...

In what ways did American silver facilitate the growth of world trade?The discovery of American silver and its subsequent influx into Europe and Asia had a significant impact on the growth of world trade, to the extent that it is accurate to say that the growth in trade at this time laid the foundat...

Free movement of persons\' rights can be seen as a tiered level of packages rotating around the fundamental concept of the worker. Rights and obligations arise out of the basic need to ensure the free movement of one of the main factors of production in the community. Illustrate this statement with ...

1 Introduction In the last decades the environmental status of our earth has been in the news frequently. The greenhouse impact, the depletion of natural resources, the diminishing biodiversity and the unprecedented rate of species extinction all point out that the status is not as healthy as it sh...

The idea of a single united Europe might never have arisen if it had not been for the devastation left by World War II. After the war, economic unity became a very appealing concept. The Western European countries were no longer a great power; France and England lost most of their African and Asian ...

During the Cold War, the United States of America was determined to act as the superior nation in the world. They believed that every country was inferior to them in regards to military power, economic stability and moral beliefs. After the assassination of former President John F. Kennedy, the Vice...

Intergovernmentalism as a Mode of Union Governance Part 1: Intergovernmentalism I. Introduction II.The Negotiation of the SEA as a Case Study A. Mode of Political process and Style of Governance B. Principal Actors and Players C. Typical Issues of Governance D. Level of Institutionalization...

One of the most important components of the global context for IHRM is employment law and regulation. This chapter is about employment law and labor standards and ethics in the global economy. International standards, national trade agreements, commercial diplomacy efforts with governments, and vary...

THE RECONSTRUCTION OF EUROPE AFTER WORLD WAR II Even while World War II war still being fought, leaders of the Allied powers began thinking about how to reconstruct Europe after the war. Winston Churchill of Britain, Franklin Roosevelt of the United States, and Joseph Stalin of the Soviet Union a...

It has been a long time in the making, but scheduled plans have marked January 1, 2002 as the date that the new Euro currency banknotes and coins will be introduced in Europe. July 1, 2002 is the designated day that the changeover to a monetary union will be complete. The discussion as to the risk...

1. IntroductionOne of the corner stones of the building of the European union has been to create a single market, where the trade is free across the union and based on the theory of comparative advantages. Harmonization of national law in the EU-member states is closely linked to this free trade tho...