The Political and Economic Integration of Europe Essay

The Political and Economic Integration of Europe - Essay Example hors explain that this association has been serving a significant function in strengthening a particular level of cohesion among the dominant social institutions in Europe. This essay will discuss explain the level of integration of the EU in terms of economy and politics. Political and Economic Facts of the European Integration Of primary importance to this subject matter has been the task performed by the petty bourgeoisie. Vassilis Pesmazoglou and Antigone Lyberaki study just a sector of this social level, the small- and medium-sized industrialists of the business sector, emphasising the position that the examination of this group should be situated within wider macroeconomic developments (Dinan 2006). The intention at this point is to analyse the diversity of initiatives and policy proposals related to the continuation and propagation of small- and medium-sized businesses, both as a reaction to the depression and as a way of surpassing it. Having elaborated the most prominent cur rent theoretical paradigm for small and medium- sized businesses, the researchers then analyse the information at hand, contending more particularly with concerns regarding work conditions, compensation, and employment production, as well as the operation of business districts (O’Brennan 2006). Their claim is that the context of the EU provides some relevant ideas regarding the policy matters concerned in the reinforcement of smaller organisations. Nevertheless, the authors argue that small- and medium-sized businesses within the EU will confront some challenging difficulties, such as competition with and adjustment to bigger companies, corporations, and multinationals (Dinan 2006). This discussion about the petty bourgeoisie will demonstrate how the group serves as a contributing force... This paper provides a comprehensive review of the ongoing process of political and economic integration in Europe from different perspectives, using different studies by economists on the subject. A significant gap exists between the peripheral and the central regions of Europe, in all three political economic segments.In the agricultural sector, the South mirrors developing nations more than developed ones. The manufacturing segment also verifies this dualism, with the fact that the North has a lead in the accumulation of human capital, whereas the South focuses in resource-exhaustive goods and services Ultimately, in the service area the South and the North encounter qualitative disparities, particularly in commercial services. These structural gaps have a tendency to orient the drive and the makeup of the capitalist class in the EU. The political parties of Europe express and voice out political, economic, and social interests mostly within the institutionalised instrument of the European Parliament. The functions and duties of the EP, and alongside those of its political parties, have altered remarkably since the late 1970s, when the initial Euro-elections took place. The mutual relationship between the EP and the parties has become more and more substantial, and become one of the attributes of institutional growth throughout the 1990s An issue which has been studied in the EU is the manner social interests are voiced and manifested. Social interests are articulated at the political stage through political parties.