This website uses cookies to ensure you have the best experience. Learn more

Who Benefits And Who Loses When A Common Market For Labour Is Extended To More Countries

1948 words - 8 pages

Who benefits and who loses when a common market for labour is extended
to more countries?

Explain your answer with reference to economic theory and to EU
experience. Comment also on the future implications of the 2004
enlargement.

Many people talk about the 'common market', by which they meant the
European Economic Community in its early decades. Ths is a group of
geographically close European nations among which there is free trade
and a common external tariff with free movement of capital, labour and
enterprise as well as goods. Under the Treaty of Rome (1957) the
member states agreed not only to form a customs union but also to form
a common market. It had envisaged that there would be a fully free
common market in the EEC within 12 years, but intra EEC economic
activity evolved in a highly imperfect way with significant trade
barriers remaining in many sectors. Policy makers were fustrated for
it was often difficult to put European market policy high on the
agenda, and it was not untill the mid 1980s that the issue of the
creation of the Single European Market became the central concern.

On 1st May 2004, the European Union was enlarged to twenty-five member
countries. The ten additions include Cyprus, Czech Republic, Estonia,
Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia. The
2004 enlargement will extend the common market for labour due to an
increase in countries. This will have a large impact on most of the
member countries, whether a beneficial impact or negative impact is
what I will discuss in this essay.

A larger common market will obviously increase the current advantages
already experienced within the EU. Economic theory suggests the
'comparative advantage principle' which means that one region or
country specialises in the production of a certain good or service and
trades with other regions which are speciaising where they have an
advantage. This only works however if, among other things, there is
freedom of trade between the countries concerned. There will be an
increase in competition and therefore increased efficiency. In the
planing for thr Single European Market, The assumption was that a more
competitive European internal economy would develop. Oligopolistic
national industries would be replaced by intgrated EU wide competitive
industries. With greater competition there will be greater price
convergence so premium prices within the EU would be driven down by
competition. Remaining trade barriers to free trade meant there was
still variations in price with in practise the effet of the common
market on price convergence was somewhat lmited and therefore when EMU
was being advocated in the late 1990s, its supporters were arguing
that one of the many advantages of the single currency would be that
it would at long last...

Find Another Essay On Who benefits and who loses when a common market for labour is extended to more countries

According to Mary Shelley who is more of a 'monster', Frankenstein or his Creation?

3688 words - 15 pages he has given them is a distorted blessing; it can be used for good, but also for undeniable evil. What's more, he is punished for giving fire to humans. Similarly, Frankenstein's ability to bestow life on inanimate objects is arguably a blessing but only results in 'evil'. His ability doubles as the root of his despair. Ironically, Frankenstein's deluded ideal of 'a new species' and ' many happy and excellent natures' is perverted through his

In 1853 William Rathbone Greg said, ‘The first duty which the great employer of labour owes to those who work for him is to make his business succeed

1889 words - 8 pages this would lead to them being able to produce more children and from this it would outstrip the current food supply, from this we can see the a support for Greg idea when he wrote 'The plain truth is, that neither the most boundless benevolences, nor the most consummate ability, can fight against the clear and moral laws of the universe' (Greg, 1853, pp. 282, 284 and 290). These two men were among other who believe that the market should be left

Immigration - Who Really Benefits?

1601 words - 6 pages Immigration – Who Really Benefits? Why do people move from one country to live in another? In trying to understand this trend, one needs to understand the reason behind a person’s motive to seek economic fulfillment. All countries, in one way or another, are affected by immigration, its policies and agreements. As such, countries must work together in order to address immigration issues, both for the authorized and undocumented immigrants

Who Really Benefits?

1911 words - 8 pages Who Really Benefits? Unlike many other professions, individuals in the teaching profession have as many opportunities to acquire and enhance skills while on the job, even when exhibiting poor performance (Seldin, 2005). Doctors, for example, are not allowed to practice if they have not acquired the necessary skills or with several malpractice complaints on their record. Allowing teachers to practice when their mediocre performance is documented

Who is more to Blame for what Happens in the Novel: Frankenstein or the Monster? (Frankenstein by Mary Shelley)

1323 words - 5 pages Who is more to Blame for what Happens in the Novel: Frankenstein or the Monster?In Mary Shelley's novel Frankenstein, the main character Victor Frankenstein, becomes obsessed with the notion of bringing a human being to life. The result is the creation of a monster only known to us as 'the monster'. The monster is hideous, and is therefore rejected by Victor and by society to fend for himself. He soon commits many murders, as a result of his

Who Has More Courage?

814 words - 4 pages the beliefs of the town; an act that requires the largest amount of courage, to oppose the ideas of everyone, or, in Atticus’ words, “when you know you’re licked before you begin but you begin anyway and you see it through no matter what” (Lee 112). As for Jem and Scout, they show courage throughout the novel, as well as a couple of other essential characters that add something to the novel. Courage is a common theme in To Kill a Mockingbird

Who Gains, Who Loses, from RFID's Growing Presence in the Marketplace?

2289 words - 9 pages information, so there was no reason to collect it. After Y2K and the full sweep of enterprise software, fertile space for new kinds of data was found.The next three to six months may be critical, as a consolidation of technology vendors and software vendors takes place. It's similar to the Internet boom. Everyone is watching to see who is going to make the next leap. With standards fairly well in place -- the EPC global network has established the

Ntozake Shange's For Colored Girls who Have Considered Suicide/ When the Rainbow is Enuf

690 words - 3 pages to captivate the reader. The subject matter of her work is very powerful as well. The entire collection revolves around how black women are oppressed and their courage throughout many trials. Using the combination of a unique style and riveting content Ntozake Shange sends a message of hope and pride to her fellow black women in her work For Colored Girls who Have Considered Suicide/ When the Rainbow is Enuf.     &nbsp

For Colored Girls Who Have Considered Suicide When the Rainbow is Enuf, by Ntozake Shange

971 words - 4 pages For Colored Girls Who have considered Suicide When the Rainbow is Enuf by Ntozake Shange was performed at the Vortex Repertory Company in Austin, TX. This choreopoem composed of poems, music, and dance is a supportive force of literature and vitality to be reckoned with that not only challenged the status quo and ideologies of black women sublime during the Black Power movement, but also relates to contemporary black women in the United States

“Who was more to blame for the origins and development of the Cold War in Europe: Stalin or Truman?”

1401 words - 6 pages Untitled "Who was more to blame for the origins and development of the Cold War in Europe: Stalin or Truman?" The cold war was a period of intense antagonism between the two superpowers- the United States and the Soviet Union, lasting from 1945-1991. Both leaders, Stalin and Truman, had a huge role to play in the cold war, but ultimately, it was Stalin who was more to blame for the origins and development of the cold

Who You Know is as Important as What You Know When Starting a New Business

1288 words - 5 pages . Who you know is as important as what you know when starting a new business because network creates opportunities and knowledge gives foundation; together it forms the edge for any prospective businessperson. Who we know creates our network; our network creates our opportunities. Though independence is a quality, one must be able to rely on other’s help and acknowledge that it is a strength. Kay (2004) explains that it is incumbent in the

Similar Essays

The Common Factors Experienced By All Countries Who Industrialized(2)The Factors That Were Unique To Individual Countries. Which Were The Most Important Factors In A Country's Industrialization?

1415 words - 6 pages . This is another reason why the government was so strongly in support of industrialization. This is very unique to Japan; one of its major reasons for industrialization was to gain a better reputation.After seeing that some countries shared many similarities and others were very different when it came to industrializing, there is a factor that they all share. The most predominant reason that they all had successful revolutions was because of the

Successful And Unsuccessful Spin Doctoring Case In Public Relations; Who Wins Who Loses On Being Transparent?

1195 words - 5 pages From the above point of view, Dove Spin Teams which is Ogilvy & Mather (International Advertising, Marketing and PR Agency) using great tools to reached their audience. First they’re successful in using Dove Real Beauty terms into social change campaign for women by using videos on YouTube, secondly they strike a meaningful messages become an interesting case to be shared and talked. Lastly, the ability to understand and work with journalist. To

When The Innocent Become Guilty: Who Is To Blame For Wrongful Convictions?

979 words - 4 pages is a criminal in their family. The victim and/or their families sometimes do not get the justice they deserve. Also taxpayers are affected for paying millions for the compensations of the wrongfully convicted. In order to prevent public mistrust sometimes our justice system blames the wrongly convicted for their conviction. Although some may believe that the wrongfully convicted are at fault for their incarceration, most of blame must be put

Who Is More Addicted To Drugs, College Females Or Males?

1146 words - 5 pages The research topic that I have chosen is who is more addicted to drugs, college females or male? This is a very interesting topic because there are a lot of college students with addictions to drugs, and it will be interesting to find out which gender is more addicted and what kind of drugs they are addicted to. This is a serious matter because these addictions could jeopardize their future. The users may commit crimes, go to jail, or they might