The capacity to generate and how to avoid the dismantling of wealth is the premise upon which the European Union (EU) has been established. The road to EU as a nation will not be as smooth as some European countries would have hoped. Structural incompatibilities, political rivalry and speculator's behavior are some of the factors that will affect the performance and unification of Europe. Ultimately, cooperation between rival nations is a vital factor to a successful unification of Europe, better global well being and trade and development.
International Journal of Social Economics – Emerald Publishing
Published: Apr 1, 2004
Keywords: Economic development; Globalization; Trade; Economic integration; Euro
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