In: Economics
In what ways is the EU a unique RTA? What are some of the problems confronting the EU today?
Through the context of trade agreements, the EU handles the economic ties with other countries. These are intended to create greater incentives for trade and to overcome the associated barriers. EU trade policy is also used as a tool to uphold European ideals and standards, from democracy and human rights to the environment and social rights.
The EU actively engages with countries or regional groupings to negotiate trade agreements. These agreements have mutually beneficial access to the EU markets as well as the countries concerned. EU businesses can expand their business, and the raw materials they use to produce their goods can also be imported more easily.
Through agreement is special and can include customs cuts, regulations on topics such as intellectual property or sustainable growth, or human rights clauses. While negotiating trade deals or laws, the EU also gets input from the public, companies, and non-governmental bodies.
The European Union is experiencing a severe political crisis, evident in its diminishing political authority and complicated policy-making. Polls have shown the lowest turnout in history in recent European Parliament elections, equivalent to turnout in last election in 2009 after the first election in 1979. It is representative of low rates of confidence EU people have the power of improving their welfare condition within the European Parliament.
Problems at the level of society are emerging as a major threat to European Union stability. Our populations are getting older, although the lack of proper pro-natalist policies is struggling to attract more children for European families. It will certainly have strong repercussions for the quality of living, future generation employment, migration policies and the attractiveness of entry into the European Union. The Erasmus program remains the most active among the programs aimed at establishing a shared European citizenship. Immigration policies in most Member States of the European Union seem to fail, and do not include an effective codification of the law that would support the EU economy and potential migrants from outside the EU