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European Journal of Scientific Research (ISSN: 1450 ... - EuroJournals

European Journal of Scientific Research (ISSN: 1450 ... - EuroJournals

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© <strong>European</strong> <strong>Journal</strong> <strong>of</strong> <strong>Scientific</strong> <strong>Research</strong>, Vol 7, No 5, 2005<br />

The EC broke out <strong>of</strong> its economic and institutional stagnation in the mid-19 80s. The turning<br />

point was the 1985 release <strong>of</strong> the Commission's, White Paper, "Completing the Internal Market."<br />

Based on the White Paper findings (which emphasized the continued existence <strong>of</strong> significant<br />

internal trade barriers and the resulting economic inefficiencies), the EC passed the Single<br />

Market Act <strong>of</strong> 1986 which aimed at removing all the barriers to trade and foreign direct<br />

investment in the EU Even after an initial slaw start, the EC made rapid progress on the creation<br />

<strong>of</strong> the Single Market - at the time <strong>of</strong> the January, 1993 deadline, the twelve 'members had<br />

complied on average with more than 94% <strong>of</strong> the Single Market measures applying to them.<br />

The Single Market program was very important for the EG. It served as an economic catalyst for<br />

the EU as a whole and for individual member states, driving huge increases in intra-EU trade,<br />

boosting member GDP growth through increased trade and investment levels, and enhancing the<br />

EU's position in the global economy (Colchester, 1992).<br />

Another important element in the <strong>European</strong> unification is spelled out in the Maastricht Treaty.<br />

Written as an amendment to the' initial Treaty <strong>of</strong> Rome, the Maastricht Treaty calls for the<br />

completion <strong>of</strong> <strong>European</strong> unification, - renaming the EC the EU, establishing a program <strong>of</strong><br />

monetary unification, working on the program <strong>of</strong> political unification and the creation <strong>of</strong> a truly<br />

supranational Europe. The Maastricht Treaty, which was finally ratified in 1993, calls for the<br />

completion <strong>of</strong> economic and monetary union, with the establishment <strong>of</strong> a <strong>European</strong> central bank,<br />

a common monetary policy, and a common currency (Holms and Jenkins, 1996). Maastricht also<br />

includes specific provisions on the establishment <strong>of</strong> a common social and labor policy, as well as<br />

the completion <strong>of</strong> a common foreign policy.<br />

EU: ORGANIZATIONAL STRUCTURE<br />

Although the EU, since the signing <strong>of</strong> the Treaty <strong>of</strong> Rome in 1957, has a well-developed<br />

institutional framework and organizational structure, it is, as Caporaso notes, "a political entity<br />

that does not fit into any accepted category <strong>of</strong> government's (Caporaso, 1996). It is described as a<br />

"multi-level" government; the form <strong>of</strong> organization generally reflects the democratic political<br />

orientation and the reliance on Parliamentary, forms <strong>of</strong> government seen in most member states.<br />

The <strong>European</strong> Union has four main institutions: The "executive" body <strong>of</strong> EU government is the<br />

Brussels-based Commission, which is comprised <strong>of</strong> 20 Commissioners appointed by the EU<br />

countries for four- year terms, along 'With their respective" colleges" <strong>of</strong> civil servants. The<br />

President (who serves as the main public 'spokesperson for the Commission) <strong>of</strong> the Commission<br />

is appointed by the heads <strong>of</strong> the EU member governments. The Commission, which is designed<br />

as a relatively "transparent" organization (in terms <strong>of</strong> central governments, its organization and<br />

operations are very public), is charged with the duty <strong>of</strong> representing the interests <strong>of</strong> the larger<br />

<strong>European</strong> Community. (Middlemas, 1995).<br />

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