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Regional Integration- can it happen in other parts of the world. The European
Union (EU) is by far the most advanced form of cooperation ...
Regional Integration- can it happen in other parts of the world. The European
Union (EU) is by far the most advanced form of cooperation ...
... new kinds of competition between these regional banking networks. ... 5. A road map for
integration and an effective ... look at how these ingredients can be marshaled ...
... At local and regional levels, the development of ... issues Regulation and governance
structures can create barriers to the integration of company modes ...
... Consequently, the potential benefits of regional integration have typically ... it has
a good regional rail network ... could be achieved provided Africa can find the ...
Submitted by Ely170 on April 5, 2005
Category: Miscellaneous
Words: 1355 | Pages: 6
Views: 212
Popularity Rank: 55,672
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The European Union (EU) is by far the most advanced form of cooperation between independent sovereign countries today. Despite the great diversity in culture of its member states, in its integration the EU has established characteristics of a single state; its own parliament, justice system and a single market with one currency. The Europeans are the first to create this model where countries give up a part of their sovereignty to gain other benefits, but it is my opinion that as time progresses, and given that the EU model will prove itself, we will see more countries in different parts of the world integrating and forming similar unions.
In order to form such alliances a nation-state must give up a part of its sovereignty, the right to control its own territory and be independent of any other state. Today, in the modern age of globalization, sovereignty is being challenged by a number of factors even without willingly sacrificing a part of it for the purpose of integration. The free market economy makes it possible for major companies to affect national economies very highly without the government being able to control it, for example if all foreign direct investment is pulled out of a specific country. Other factors such as global communications, the proliferation of weapons of mass destruction, terrorism and more also challenge the government's control of their territories.
The awareness of international protection of human rights and humanitarian law is also an increasing factor in challenging sovereignty because it calls for international groups to intervene in domestic state affairs. Even though Krasner does not view this issue as an unprecedented challenge he gives the example of the Yugoslavian successor state which was forced to accept constitutional provisions guaranteeing minority rights in order to receive international recognition, thus proving that it does play a major role.
The factors mentioned above are...
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