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1992 Integration of the EEC

The purpose of this research is to examine the further integration of the European Economic Community (EEC) planned for 1992. In this research, both the past integration in the EEC, and that planned for 1992 are considered. Lastly, some of the likely effects on the United States of the planned 1992 European action are considered.

In this section, the formation and development of the EEC through 1990 is discussed first. This discussion is then followed by a consideration of the further integration planned for 1992.

The EEC was created with the signing of a treaty in Rome in 1957, by Belgium, France, the Federal Republic of Germany, Italy, Luxembourg, and the Nederlands (Paxton, 1990). The European Atomic Energy Community (EURATOM) was created at the same time, by the same treaty, and with the same membership (Brewin, 1987). Each of these organizations became functioning realities on 1 January 1958 (Brewin, & McAllister, 1988). Prior to the creation of the EEC and EURATOM, the European Coal

and Steel Community (ECSC) had been created by a treaty signed in Paris in 1951. The ECSC was comprised of the same six member countries which formed the EEC and EURATOM, and became a functional reality on 10 August 1952.

Until 1 July 1967, each of the three communitiesthe EEC, EURATOM, and ECSCfunctioned as separate entities, although there were some common institutions. On 1 July 1967, however, the executives of the three communities were merged into a single commission, and the goals and objectives of the three communities are pursued in a coordinated and cohesive manner.

The longterm goals of the communities are (1) the integration of the economies of the member countries, and (2) political unity. Pursuit of economic integration has been both more rapid and more successful than has the pursuit of political unity, although economic integration has also been beset with significant problems. The specific obj...

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1992 Integration of the EEC. (1969, December 31). In LotsofEssays.com. Retrieved 16:18, April 25, 2024, from https://www.lotsofessays.com/viewpaper/1691394.html