Latvia In European Union Essay

2863 words - 11 pages

Entering EU will promote Latvia's welfare and development

The influence on the national economics in Latvia already can be felt, even before entering the EU. Since negotiation of European contract in 1995, there has been an intensive integration process going on in Latvia - readjustments of legislation, increasing trade with the EU countries and big amount of investments has been received from foreign investors. If there would not be a movement towards the EU or NATO, the economical developments in Latvia would take place in much slower manner because it would be much harder for Latvian politicians and society to find harmony and agreements about the way and type of as non-candidate countries has been slow and unmotivated enough. Even though, many advantages of joining EU are currently noticeable, all Latvia' s privileges and opportunities will become more realistic and available only after joining the European Union.

The most important changes

If Latvia will become an EU member state in May 2004, it will be faced with such positive changes:

The decrease of trade expenses with EU member countries

The elimination of tariffs barriers

The implementation of EU tariff system in accordance to countries which are not members of EU

Latvian agriculture would be included in the EU common agriculture politics

The receival of EU financial tools

The amelioration of investment restrictions

The adjustments to EU jurisdiction, standards and requirements

The gradual movement of labor force freedom

The coordination of economical politics with EU member states and involvement in EU economical politics implementation

Few years after joining EU, Latvia will join EU zone, implement euro currency and will implement a single monetary policy

Before we say "yes" or "no" to these changes it is worth considering the future of Latvia. Latvia is a small country, with quite restricted local market and resources, as well as developmental means, which are not enough. Therefore, Latvia's economical development and welfare is directly dependent on outside trade, investments, possibility to be competitive and create products and services with high value-added proportions. At the same time, it has to be considered that approximately 80% of Latvia's outside trade transactions have been taking place mainly with EU member states and candidate countries. Along with joining EU, there are many questions which need to be considered: will joining EU increase Latvia's the international trade, competitiveness and investments? Will joining EU improve and develop the trade with the most important export market for Latvia - the EU? How joining EU, Latvia will be able to be competitive among other "soon-to-be" member states, such as Estonia or Lithuania? Will infrastructures, education and regional development have more financial resources after joining EU? And how expensive it will be for Latvia not to join the European Union? When...

Find Another Essay On Latvia in European Union

The subsidiarity principal in the European Union

4677 words - 19 pages .IntroductionSubsidiarity can be defined as:"the principle that a central authority should have a subsidiary function, performing only those tasks which cannot be performed effectively at a more immediate or local level."Within the European Union, it is the fundamental principle for defining the border line between EU and member state responsibilities. The principle is incorporated in the treaty of Maastricht, signed on 7 February 1992, among other guidelines that

The European Union: Forerunner in Environmental Politics

1706 words - 7 pages A. INTRODUCTION The European Union’s environmental policy is vast and complicated. It applies to every country under the Union’s domain and its criteria must be met for any state wishing to seek membership. The European Union was not the original forerunner in environmental politics; in fact the United States “took on a leadership role in preparations for the 1972 United Nations (UN) Conference on the Human Environment” (Kelemen). However, in

Inequality in the European Union (EU)

1927 words - 8 pages Cumulative European Union (EU) enlargements to include relatively less developed countries such as Bulgaria and Romania, along with the possibility of future EU status being granted to Turkey and Albania (EC, 2011), raises further questions about inequality in the European Union. The global recession has bought the issue of labour market models and resulting inequities back into the forefront political discourse, as government cutbacks

The United Kingdom in the European Union

1844 words - 7 pages In joining the European Union, the United Kingdom has been affected in many different ways. We have had the advantages and the disadvantages, the benefits and the costs. Advantages to the EU cover many fields; there is greater specialisation and economies of scale, for example the more efficient a firm is in producing their product then the bigger the scale of production leading to higher capital for them and also leading to lower

Executive And Legislative Relationship In The European Union

2234 words - 9 pages Making incredible strides toward progress and development, the European Union has evolved and has advanced significantly since the European Coal and Steel Community. The legislature of the EU is composed of both the Council of the European Union and the European Parliament, each working together while at the same time maintaining their specific arenas. Executive in the European Union refers to the European Commission. The legislative and

Overcoming Barriers to Membership in the European Union

804 words - 4 pages Overcoming Barriers to Membership in the European Union Background In the aftermath of World War II major European players wanted to rebuild Europe's economy and ensure that such a devastating conflict would never happen again. Out of that desire came the European Coal and Steel Community(ECSC), an agreement in 1951 between six nations to have a common market for the commodities most associated with war . Over time the ECSC evolved into what

Evaluating the European Union in Terms of Democracy

2197 words - 9 pages The European Union (EU), since the initial foundation in 1952 as the European Coal and Steel Community and throughout periods of development, has been considered one of the most advanced forms of regional integration. Based on numerous terms and treaties, it has strived to promote values such as peace, cooperation or democracy, and in 2012 was awarded the Nobel Peace Prize for having “contributed to the advancement of peace and reconciliation

Does representation in the EU threaten the future of freedom in the European Union?

590 words - 2 pages Over the course of history, Europe has been ravaged by wars and conflicts, largely over religious and/or ethnic differences. The last great war involving virtually all of Europe: World War II, led to the creation of what we now know as the European Union. Currently there are 27 countries in the E.U., including notables such as England, Germany, France, Italy, and Spain. The E.U. has both positives and negatives, and overall the positives

The European Union, its development, the steps taken in the development, the economic details regarding the Union and Future prospects of the union

3167 words - 13 pages "At the end of the Renaissance, the Italian states were the leaders of the world in science, arts, weaponry, economics. Leaders of the World! But they did not merge. And they lost their voice in the world. That is the lesson for us today...Europe shall lead." This was said by Romano Prodi, president of the European Commission, about the European Union. The creation of the European Union has been on the biggest undertakings of all time. Now

Why Member of the European Union are Still Interested in Joining the Eurozone

3237 words - 13 pages The European Union (EU), an economic union between 28 member states in Europe, has recently suffered its first serious complication since its creation, labelled as the “Euro Crisis.” Some of the Eurozone members have serious debt problems, which have disturbed the rest of the EU. Despite, the current problems facing the euro, Latvia is still planning to adopt the single currency in 2014. Herman Van Rompuy (2013) acknowledged that the Eurozone is

Role of Interest Groups in the Decision Making Process of the European Union

2386 words - 10 pages At present, there are approximately 3,000 different interest groups that are formally recognized by the European Union (Kirchner 2011). These interest groups represent a variety of interests and vary in the amount of influence that they actually have on the policy making process. These groups represent the interest of multiple sectors of both social and economic life within the European Union. Interests range from AGRICULTURE to BIG BUSINESS

Similar Essays

Human Rights In European Union Essay

3208 words - 13 pages preferentially treat citizens .Individual position was strengthened by the International Covenant on Civil and Political Rights .At European level , respect for human rights is one of the fundamental policy standards . European Council in Copenhagen in 1993, drew clear standards regarding human rights in the European Union . In economic relations with developing states , the EU used conditionality clause that relates to human rights by states who support them

Institutional Reform In The European Union

1463 words - 6 pages Introduction Making institutional reform in the EU will always be controversial. The purpose of this paper is to discuss my view on which institutional reform I find being essential to improve the function of the European Union. The first institutional reform I would like to start with is to strengthen the European Parliament. The Parliament is the only institution where people within each member state directly elect members, which makes

Cultural Protectionism In The European Union

2244 words - 9 pages Since the 1980s the European Union (EU) is pursuing a more liberal trade policy in its multilateral trade negotiations. This liberal approach is the result of the change in company preferences in favour of free trade. The change in business preferences also made politicians to support trade liberalisation. (Young, 2007) While the EU is a lead supporter when it comes to traditional trade policy, it is rather reluctant regarding the

Multi Level Governance In The European Union

5168 words - 21 pages Future Super state?157Final Conclusion178List of References181Purpose of the study this study aims to examine the role of multi-level governance in the EU today. It provides an overview of the diverse institutions and levels which are assembled in the European Union and discussion of their interaction. Additionally a brief overview of the emerge of the multi-level governance theory will be provided. The study will conclude with an outlook of how
2 Patch Toppe Sparco In Raso Ricamate Termoadesive Cm 9 X 3,3 | TAPPETI TAPPETINI GOMMA Spacetourer / Traveller / ProAce Verso II dal 2016 | The Room 1.07 Cracked APK