Purchase Solution

European Union Economy

Not what you're looking for?

Ask Custom Question

Given that the most integrated region in the world has been the European Union (EU), which started as early as 1993, Has it been a success or failure so far? Why?

Purchase this Solution
Solution Summary

EU's economic failure is explained in a structured manner in this response. The answer includes references used.

Solution Preview

The European Union has been a failure so far. The integration was based on common currency and other economic linkages. The EU has failed.. The specific examples are that the European banks are overloaded with toxic assets and are finding it very difficult to get rid of them. The government austerity programs have hurt the people. 100,000 businesses have closed down and a third of the population is living in poverty. Greece, Portugal, Ireland, Italy, and Spain owe the ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

View More Free Quizzes
Related BrainMass Solutions

  • The European Union and its Economic Problems

    Overview of the European Union The European Union is a unique economic and political partnership between several democratic European countries.

  • Immediate challenges after the fall of communism

    The Eastern European states found it difficult to adjust with the capitalism. The Russian economy was so bad in 1991 that Russian President Boris Yelstin introduced "shock therapy" to save the economy.

  • European Union:definition & objectives

    within the European Union.

  • management

    The EU contributes a great amount of GDP to the world economy (European Union, 2008). It led to the restructuring of the economy and reduced consumer prices by 6 percent.

  • Economic Status of EU

    The European Union has the world's second largest economy, since 2007- this is despite the many economic woes in Europe.

  • Regional Economic Integration (REI)

    The Greek government-debt crisis started in 2009 and the cause of crisis can be a combination of structural weaknesses of the Greek economy coupled with the incomplete economic, tax and banking unification of the European Monetary Union.

  • Analysis of the European Union and its effects - Good or Bad

    Through the growth and continued acceptance of more and more member countries, the European Union has been able to successfully establish an economy that provides a single market for goods, jobs, and other services.

  • Globalization - Regional Integration

    The European Union has become proficient in fulfilling the need of labor and the capital. Now, the members of the European Union can import the goods with less formality.

  • International Finance: EU versus America

    a. interest rates in the European Union increase relative to the United States b. the European Union price level rises relative to the U.S. price level c. the European central bank intervenes by selling dollars on currency markets 3.

View More Related Solutions