Europe during the Cold War

3x puncte

categorie: Stiinte Politice

nota: 10.00

nivel: Facultate

By the late 1940s, the European economies had begun the long and slow process of redevelopment, helped by the Marshall Plan. Yet Europe remained well behind the USA in productivity, economic development and global power. That is why, by the 1950s, the idea of economic and political unification of European states as a possibility to improve the competitive position of Europe has gained ground. The [...]
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By the late 1940s, the European economies had begun the long and slow process of redevelopment, helped by the Marshall Plan. Yet Europe remained well behind the USA in productivity, economic development and global power. That is why, by the 1950s, the idea of economic and political unification of European states as a possibility to improve the competitive position of Europe has gained ground. The first step in the European unification process was the establishment of European Coal and Steel Community in 1951.

This international agreement, initiated by France and West Germany as a sign of their reconciliation, eliminated the trade barriers in these industries (coal industry and ferrous metallurgy). In 1957, six Western European Countries - France, West Germany, Italy, the Netherlands, Belgium, and Luxembourg - expanded this international agreement to form the European Economic Community or Common Market, aiming to eliminate internal trade barriers and establish common tariff policies. The EC as it was commonly known expanded from its original membership: i

n 1973 the UK, Ireland and Denmark joined the organization, then in 1979 it was Greece, in 1986 Spain and Portugal and in 1995 Sweden, Austria and Finland and since the community which is now known as EU. In the present, the population, economic power and income of the Community is equivalent to that of the United States, and well exceeds that of the former Soviet Union.

While expanding in size and economic power, the EU expanded also its role from strictly economic matters to many others.
During the 1980s the pace of European unification accelerated: in 1984 were held the first elections for seats in the European Parliament, in 1985 the EU established a program to complete the development of the single market by 1993, in 1991 the member states signed the Maastricht Treaty which included provisions to settle down a common police force, stronger military cooperation, a common system of telecommunications, and a central banking and currency system by 1999.
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