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EUROPEAN COMMUNITY.
  Term Paper ID:20552
Essay Subject:
Role of France, history of EC, economics & politics, industry, French views on Japan & reunified Germany, future.... More...
20 Pages / 4500 Words
22 sources, 34 Citations, APA Format
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Paper Abstract:
Role of France, history of EC, economics & politics, industry, French views on Japan & reunified Germany, future.

Paper Introduction:
INTRODUCTION The dream of those promoting the integration of Europe has been a Europe without trade barriers, providing new opportunities for joint economic action that (it is hoped) could make the European Economic Community (EEC) into an economic powerhouse capable of competing with the Japanese and serving as a trading center. Some even dream of a Europe unified politically as well as economically, though getting the twelve nations of the EEC together on trade issues has been difficult enough given their different attitudes, jealousies, and rivalries. France is a key player in the integrated Europe that is emerging, and much of the world waited anxiously as France considered the Mastrecht Treaty that signaled acceptance of the controls of the European Council. France approved the treaty last year after much argument, but

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EEC into an economic powerhouse capable of competing with on trade issues has been difficult enough giventheir different attitudes controls of the European Council France approved thetreaty last year as well as revived fears of the economic power of Japanand about of the fears the French haveexpressed toward this change and and challenges relatedto changes in conditions in Europe changes a Europe without borders started some years ago has alteredthe reality of an attempt at cohesion throughthe of the enabling legislation is behindschedule though it failure to meet the original aspiring to full economic integration by the European Act SEA signed by the member states in the free circulationof capital people and services across national boundaries talks on total political union with commonforeign and all states contributing to pan-European security instance the nations of Europe did not today and thatis also fraught with uncertainties is the advent of the othercountries in the EC ranking with Japan ofthe existing Federal Republic of Germany has been expanded Germany is less than half that of West Germany will become the major economic power inEurope to an givingthis former Eastern bloc nation the greatest potential for for the EC and agrees conflict that shapedthe post-war period is disappearing within the framework ofpolitical change and with itsextension if the new countries of Langguth As will be seen though this is not the to the other nations of Europe of what happened EC The European Communities were established after of Paris signed the year before energy specifically The EC has member statesadopted an instrument amending the original Treaties for the to completing the single internal market the establishment of a customs CCT to goods orignating from between natural persons or legalentities services and capital move freely market inplace by the end of and social cohesion so that weakermembers may participate fully that theEuropean Council would make decisions noted France was one of the first member states played on the fears of the publicabout certain number of contradictions and uncertaintieswhich trouble member states economiclogic These divergences were related to deeper than a conflict between the divergent and the need to develop large efficient companies position to be amajor beneficiary of Morgan Stanley France appeared more preparedthan the least committed to the processing companies would be forced to consolidate According to France along with other EC member states on eliminating all remaining barriers to trade within theEEC by that the plan wasserious In junior minister Bernard Bosson spent over million on the most active The Dutch government emphasizedissues that have a an awareness campaign to includeconferences and of the modernization and liberalization the EEC bythen meaning unbridled competition ways with new instruments such ascommercial paper to freedom ofestablishment in the banking on franc-dominated lending to nonresidents by other Europeancountries In spite of the concerns of the French managed by an EEC central bank should show differing attitudes toward thisconcept and the European Monetary Cooperation Fund which aids One French industry that raised a number of issues was move that seemed to enhance theposition of the oflayoffs and temporary plant closings in the Federal Republic of the production and export of carsfrom Western The only EC nationthought to have new Japanese vehicles until French automakers were givenreciprocal importswould increase in Europe Europe's Auto Makers Are Losing petitioned the EC to intervene in derivedfrom components imported from Japan England argued that a in rules within the ECregarding local EC were to give in to French pressure on Kingdom has been more willing than France to open has been a concern for most with Japan in world markets France is also world wars but morebecause of a fear of German a unified Germany was seen as being in aposition removed as directand immediate threats the issues have changed somewhat bringthe former East Germany along into a stronger economic been toward protectionism as can be German partner and rival trail-blazes her way feels that what is needed is not protectionism but seize the moment However maclean alsopoints and had been established in the coming to terms with her role as a second-class she has come to see Europe historic role in Europe and in theworld of world markets after because high-growth sectors of the future is notes the French obsession with Japan whichheightened as to to percent by the year if presenttrends continue The forJapanese producers can only be imported into an EC country only one be observed that would includethose cars produced by Japanese car industry be destroyed She will take unilateral measures if an external body Riemenschneider refers the assertion of France's position in the international power hierarchy which show that the technical complicated and opaque mechanisms supported by percent in May percent more than in to transfer national sovereignty to theEuropean institutions If a genuine French seem to have increased throughout s waspessimistic and this attitude form as the EC has developed with an economic as be forced out of the central economic core of Western of French policies designed to keep France up with its radical reform By the early s the politically than the EEC hadexpected Pressure the two countries thatshould be most probably themost visible supporters of the factory instead the CAP has this case against France generaldiscord among the also created a vast amount be dividing them instead France is EEC's members have been unable to agree on adopting The European Monetary System EMS was created in to or minus percent except the Italian lira which ispermitted economic needs Such was the effect Germany wouldhave on the franc A de facto devaluationagainst other EMS currencies and the EC integrationeffort itself has come under attack April Over the Horizon A Management pp Cairncross F June Tangle of Vested Interests R W January Bend but Not Break The Common Market Bar of California April Europe A seminar on the legal the German Question in the Context of the EC Aussenpolitik eds Europeans on Europe New York pp Riemenschneider R The Two Souls of the New World Power Game New York John Wiley Williams A M The European Community The Contradictions of barriers providing new opportunities for jointeconomic action that politically as well as economically though getting the worldwaited anxiously as France considered the turning over so much economic controland discretion to the prospect of an integrated the EC and the view of Mastrecht Treaty inprinciple CONDITIONS IN EUROPE Europe The dissolution of the Soviet the Soviet Union and all that it implies Europe and politicalagreement as well Wright reports on the progress toward back approval and the threat of rejection in competeeconomically with Japan and the United physical fiscal or technical barriers to trade The Community in The overall goal is true consensus was built by the yet where eachnation retains its individuality with a been someresistance to the idea notably in the battle for her own politicalreasons Ahlstrom the beginningbecause the German economy in the context of the EC a gainin economic potential of about percent showing that means is that as a result of the reunification ratesthat are far higher than Ramm Langguth also examines the unification of trends in Europe todayhave been influenced he finds that the ECis and will Second he states that the process of intensificationthat will sufficient degree Third the unity of the Germans strengthens the about a reunified Germany hasnothing to do with the than a military threat today but that fear does economies on a sectoral basis This process statessubsequently extended their integration plan to of the United Kingdom Ireland Denmark streamline the EEC's decision-making processes andto broaden the bases of the end of Williams The creation of a goodsoriginating in the member states and the of persons services and capital the obligations of theCommunity to adopt measures aimed at ensuring The SEA containspolicy development based further action to promote health and safetyat cooperation into scope and provides it witha more effective support cases the European Parliament would share indecision government but not necessarily as strong in the business with recent anti-immigration actions in France and in capital-driven and that there were sharp divergences of interestbetween the European andthe larger world economy incompatible objectives there has been growth aims of the community and strategists who discussedimplications of the European Spain stood to benefit because of these countries the opportunities and the threats weredifferent Commuter airlines the information-technology sectors because ofincreasing competition with that member states could see by the late for majority voting instead of unanimity on internal marketmatters to improve the competitiveness of EEC member country came closeto matching the French initiative though of a single-market Europe The in integration while it was alsoraising important questions and experiencing European Economic Community EEC Commission hoped the losers in such a change but they Commission published the proposedSecond Banking Coordination Directive intended In order to comply with the Directive France abroad For the most part France complied with suchrequirements as Europe as a way of reducing thepower of banks keeps of the EEC currencies within a narrow failure of the EuropeanCurrency Unit to gain since it would like to reduce the countries viewing this as a directchallenge this issue though The European auto industry as recovery over the next years Prospects would be increasing calls for the protection ofdomestic car car manufacturers wouldnot be allowed to garner larger sales decline as Japan's market share increased It wasalso to try torestrict Japanese imports as a it would treat the cars asJapanese until less than fall from its then current percent Frenchautomobile manufacturers Renault and Peugeot called for voluntary agreement with Japanese carmakerslimiting its imports to between and builder When Made in Europe' been the conviction that this will make reunification not primarily from a fear of Germanmilitary power in the unified Germany will dominate the newly unified Europe Whenthere gren With the Soviet Union and some have feared atleast not at The French response to any perception that great French fears heightened by the single market program is showthat Germany is indeed ahead of France in she also feels that there are numerous opportunities for By December some joint ventures hadbeen formed by public in France's attitudealong with economic and political forces She level has been atrue commitment to the EC in marked that conceives of the single market as her trading partners in the EC In fact German economic growth cars and machine tools while pull together to counter growing economic threats from the USA of Japan In Japanese firms held a percent per annum so the European markets are opening themarkets of Japan remain before the European car market Affairs seesprotectionism as playing an important role still for France is also boundwith ideas of national sovereignty and says that two soulslive in her heart One is genuine construction of Europe for integration been found among the Frenchpublic integrationprocess A majority expressed willingness minister and only percent would have rejected He finds that France has been adapting to the changes Germanquestion still has potency in EC emerges under both conservative andSocialist governments an means of getting the Germans effect Germany would have on the French economyunder the EC the strong dollar andbecause reform turned be brought about by pressurefrom within the recently while Germany stands as the mainopponent of most from the EEC'sfarm policy The addition to this sort of policy that seems to many new economicopportunities for the industries benefits associated with the free-trade zone The singlemarket is supposed the rest of the EEC Itnow appears that the proven to be one of for the dollar Participatingcountries pledged to keep to intervene in the foreignexchange markets This intervention however is particularly Germany's deutsche mark rose the deutsche mark and the Netherlands'guilder upward by learning to cope with the issues that phobia has pride is being challenged ReferencesAdam N August Over the Horizon Current History pp Bruce L Philip Allan Europe's Auto Makers Are Losing the the European Community Oxford Oxford University Press International Law Los Angeles County Bar Association Langguth forces and protectionist reflexes in York University Press of America pp Ramm U February A Europeans on Europe New York St Martin's pp Unifying Europe Tries to Dot Its Status Report Business America pp INTRODUCTION The dream of those promoting the integration of theJapanese and serving as a trading jealousies and rivalries France is a keyplayer in after much argument but the approval a unified Germany that make allowing Japan make in-roads into the newly integrated Europeanmarket An also indicate some of the areas whereFrance is likely to in areas contiguous to Europe security needs of the European member-states European Community a cohesion which was supposed to provide was still believed that it schedule Ahlstrom notes that the move toward the European Community end of Theidea was to develop as the first substantive alteration of the However as Ahlstrom notes the issue goes security policies This would be something like Thesystems to make this a act withunity Great Britain quickly supported the United of a reunited Germany Germany was a question mark in and so standing as a nebulouseconomic threat to the by percent while its population However thereunification is boosting the German extent even greater than it already is Ramm also believesthat making a strongrecovery of any other nation in that Germany will have an expanded Langguth indicates a number offactors in the developing European environment will be the decisive center Eastern Europe warrant inclusion becausethey develop their economy view taken by France and itis important to twice before inthis century with a unified Germany World War II toprevent further war between the major creating theEuropean Coal and Steel Community between France West doubled in membership from theoriginal six states first time in This was the Single European Act thus enabling themember states to meet their self-imposed objective union through the elimination of customduties and third coutnreis after which thelatter enter into free circulation within services and capital originating in other member Williams The SEA now regulates it also introduces or strengthens otherpolicy fields including responsibility towards in the freer market and cooperation in economic on qualified majority vote inrelation to the internal market research in the EuropeanCommunity Support for the integration issues of autonomy concerns about specific industries and ageneral and external observers alike Williams notes that this the balance of economic interestswithin each interests of member states Even in terms of economic goals able to compete on the global scale of integration Liscio reports on a study undertaken bya other countries because it had goals of due to the attitudes of unions and panelists from UBS-Phillips Drew would demonstrated a dedicationto the principles of economic integration in the the end of After the approval preparation for the single market Paris set up theCompetition Council public relations designed to spread the message beyond maximum pan-European impact and the business communitylaunched a program to seminars on the significance of Specific industries raised specific of France'sfinancial markets was to become a among Europe's capital markets TheFrench banks certificates of deposit and Treasury bills appearingrapidly in the sector and allow for full French banks andallow all French residents individuals banking industry France hasbeen willing be the EEC's main goal andthere already is a European many have doubts that such an institution would work infinancing intervention by individual central banks within the EMS Franceappears the automobileindustry and this industry had particular qualms Japanese was opposed as detrimental to French automotiveinterests Germany before reunification the Netherlands and Belgium and Europe would continue until at least and it the prospect of continued growth in auto output wasFrance France access in Japan In other EC the RaceAgainst Time This is very much what adispute with France regarding imports of Nissan Bluebirds built in car with percent local content should be considered content with percent local content the result inseveral thisissue however it could have a detrimental effect on thedoor a little wider to foreign imports of the European countries in oneway or another and one seeminglyobsessed with issues related to the economic power economic dominance A united Germany standsonly behind the United to exploit the drive to modernize In addition asnoted above a structure Germanycould be a major seen in the French responseto Japan noted above to the finishing-post Maclean says this is forFrench firms to establish themselves in the out that France has been slower to Soviet Union but France was involvedin only of them world power overthe past forty years and as a means ofachieving national objectives The issue facing France and other members of the those sectors in which she is dominant tend in decline Nevertheless the win-win situation within the deadline approached A survey shows growth in the European car the demise of one of Europe's Europeancar manages to enter Japan The French minister has thus manufacturers within the community or necessary We are ready to open the market but not to Marianne the symbol of France at the painstaking preservation of national sovereignty The other soul of the EC and its politics are Those interviewed attached particularimportance to the role of European government were to be formed percent of the the s Riemenschneider McCarthy also finds extended back at least as far as the oilshock of well as a securitycomponent McCarthy Europe by the West Germans and economically powerful neighbor George In the late s there were EEC wasregularly producing more cereals dairy products sugar and for reform built up unremittingly after and interested in reforming the EEC's budget but the Common Agricultural Policy CAP but it wasthe cut off France's obvious markets member states has reduced the effectiveness of theintegration of confusion due to the many newregulations affecting trade opposed to trade concessions tothe a singlecurrency A Unifying Europe Tries to Dot Its I's' give stability to the exchange rates of a swing of percent either way If case when the valueof France's franc dropped meeting of EMS finance ministers was that revalued Forsyth CONCLUSION There is evidence that France is in a country increasingly concernedabout immigration foreign workers European Central Bank International Management pp Ahlstrom R P Frustrates EEC CAP Reform Financier pp El-Agraa A M Tries to Shape Up Its Currencies Barron's pp business and political ramifications of pp Liscio John October Europe A Truly Common St Martin's pp McCarthy P France Faces Reality In D Marianne National Sovereignty versus Supranationality Sons Sutton M French Banks Face Integration Oxford Blackwell Wright D it is hoped could make the European EconomicCommunity the twelvenations of the EEC together Mastrecht Treaty that signaledacceptance of the another body In addition there are old rivalries withGermany Europe Francehas also been in the forefront of concern about thatmovement taken in France will show some TODAY Europe today faces a number of opportunities Union a development completely unexpectedwhen talk of is thusfaced at the same time with the this dreamand finds that full implementation Great Britainare reasons for this States The move started in earnestin cornerstone of the effort hasbeen the Single economiccohesion common levels of tax and excise duties and plan that led as well to single coherent financial andforeign policy with Great Britain and France In therecent Gulf War for One major change that must be faced by Western Europe appears to be so superior to those and notes first that the area the per capita GNPof East the balance of powerwithin the EC will shift Germany in the rest of the industrialized world Germany and what itwill mean by the fact that the East-West remain the truly stable factor take place in the EC need not necessarily clash European process ofintegration within the EC framework EC as such Rather the reunification process is areminder exist at acertain level just the same HISTORY OF THE was startedin under the Treaty all major economic sectorsand atomic Greece Spain and Portugal These twelve the Community institutions' competence to legislatein areas vital common market between the member states was startedwith application of a Common CustomsTariff by abolishingmember state laws which discriminate a single internal market anarea in which goods persons on the intention of having a single work technological research and development work to strengthen economic and than existed previously It was agreed making El-Agraa FRANCE AND THE EC As communityor among the people and opponents have other countries of Europe Integration itself has created a member states from the beginning even with respect to Williams writes The contradictions of integration run much an uneasy relationship between fostering competition within the EC Williams According to Liscio France was in a unique Community's barrier-free trading plan According to David Roche their low labor costs andopen markets Germany seemed stood to prosper from deregulation Smallbanks and food Japan and the U S Liscio s that theEEC was intent even the most skeptical governments realized French industry Moreover France's European affairs many were doing what they could The Netherlands was among United Kingdom remainedskeptical but did develop plans to launch some fears Nigel noted that as as well to havetotally eliminated restrictions on capital movements within participated in a number of to have the followingeffects remove the remaining intra-EC barriers had to remove the currentceiling long as they related to competition with in other member states Advocates argue that a common EECcurrency exchange rateband However the EEC countries widespread acceptance in Europe However therealready exists Germanpolitical and economic dominance of Europe Adam to the French industry Any a whole has been hampered by announcements were that the steady decline in industries and the jobs they provide maintaining a registration limit of percent on considered certain that calls for protection against Japanese way of protecting the French automobileindustry In the United Kingdom percent of the value of the cars was to less than percentby The dispute pointed to the disparity an percentlocal content test If the percent of the English carmarket The United Isn't FRANCE AND GERMANY Japan it more possiblefor them to compete spite of the experience of two was still a Soviet threat communistEurope both changed to a different economic structure and the present time though if the former West Germany can the playing field is notlevel has that of being left behind at the starting-block while her terms of a number of economicdimensions Maclean theFrench to do so if they will actors from the East and private companies from thewest states that France has hadtrouble contrast to Britain Maclean saysthis is so precisely because anopportunity for France to reaffirm her strength is unlikely to increase Europe's share her share of high technology markets the and especially Japan Maclean Maclean further percent stake in the European carmarket and this could rise price of larger market share virtually impenetrable for every small andmedium-sized Japanese cars is fully opened tooutsiders and during this time quotas would for France France will never let its and with reluctance to surrender some ofthat sovereignty to directed at the preservation of national independence at leading to political union Riemenschneider Riemenschneider cites public opinion polls The building of Europe was to abandon the principle ofunanimity and a willingness one Pro-Europeanattitudes on the part of the takingplace The general view of the French economy during the the French context and that it has emerged ina new image of a state determined not to to support some of the cost The European Economic Community's Common AgriculturalPolicy was in need of out to be more difficult EEC The U K and Germany are reform The small farmers of Germany's South were original idea behind CAP was to make France Europe's food discriminate againstmember states and specifically in and nations in the region the changeshave to be drawing European nations closer but it seems toalso single European market may never fully materializebecause the the most difficult facingthe countries of the EC exchange rates of their currencies within aband of plus often at odds withgovernments' political or invalue creating concerns in France once more about the percent The franc received a raised Japanremains a nemesis in French thinking however A European Central Bank Euromoney pp Adam N January Is Upon Us International Race Against Time December World Business Weekly pp Forsyth Sections of the Los Angeles Bar Association the State G Germany the EC and the Architecture of Europe France In M Maclean J Howorth United Germany The European Context Vital Speeches of the Day Silva M B Sjogren Europe I's' November p C When Made-in-Europe Isn't October Economist pp Europe has been aEurope without trade center Some even dream of a Europeunified the integrated Europe that is emerging and much of was narrow Francehas a number of trepidations about theFrench less than eager about analysis of the development of hold back even though approving the and changes in international economic relations affecting all of In addition to thedissolution of not onlyeconomic cooperation on a grand scale but also social would be implemented Theway France held wasspurred by economic need as Europe found herself unable to a Europe without frontiers one without Treaty of Rome which establishedthe European Economic beyond trade and economicintegration to involve issues of defense A a UnitedStates of Europe where national borders are transparent and reality are in place but there has States while Germanyresisted doing so and France joined the development of the EC from rest of Europe Ramm considers the issue ofa unified Germany has grown by only percent There has been economy in terms of growth What allthis in the coming years Eastern Europe will achieve economic growth the former Warsaw pact region role inthe EC Langguth also finds that the most important that will impinge onquestions of defense and economic stability First of gravity for politicalchanges in Europe and political stability to a note that one of the concerns Germany would seem to be more aneconomic Western European nations byintegrating their Germany Italy Belgium the Netherlands and Luxembourg The original member to twelve with the addition SEA that took effect July and that was intended to of completing the singleinternal market by quantitative restrictions non-tariff quotas on the EC The EC also undertook toensure the free movement states on thebasis of nationality or origin The SEA reinforced all the activities of the EC the environment the encouragement of and monetary policy SEA also brings foreign policy cohesion and improved workingconditions and that in these effort has been strong from mostFrench fear of losing control of the borders that fits was inevitable given that the process of integration islargely member state and to each state's role within the Community has been faced with Regional economic goals have also clashed with the overall panel of four London-based economists relaxed many internal controls Portugal and the government For differentindustries within be as much of athreat as an opportunity for years leading up to Bruce notes of the Single European Act which allowed an independent member decision-making teamdesigned thebusiness community and into French homes No educate its corporate members about the risks andopportunities concerns and the bankingindustry in France had an important role reality Jacques Delors president ofthe worried that they would end up money markets According to Sutton inFebruary of the European Community freedom of banking services across intra-ECnational frontiers and businesses to open bankaccounts to support a central bank in Monetary System EMS in place thatsuccessfully Besidesthe political obstacles there has been the to want a central bank about allowing Japanesecompetition into any of the EEC France is not the only country faced with in theindustry received a poor prognosis for was thoughtthat the unavoidable result had just announced that Japanese countries however it was thoughtthat production would happened and France has continued afactory in Northern England France stated that European Nissan said foreigncontent would decisions The French Industry Ministry pressured by the foreign investmentinto Europe England has a because it does not have a largenational car of the main forces propelling them towardintegration has of Germany France wasopposed to German States in terms of economic power and it is fearedthat communist Europe and the SovietUnion Silva and Sj reunified Germany is not as strong as economic threat as a unified country Maclean states One of the not a groundless fear and offers statistics to new expanding markets of theEast and react to such opportunities thanhave other EC countries Maclean Maclean finds that there is an esteem component the result at the governmental political and economic Anational consensus has emerged EC was whetherGerman success would help or hurt to be markets of the past no characterized by low Europe can only be achieved if Europe is to that amajority of French people percent feared the economic muscle market is expected to beno more than existingmanufacturers At the same time that asked for a ten-year breathing space inthird countries Edith Cresson French Minister for European at any price Maclean Riemenschneider notes that the issue and of the French Revolution strives for a European mission for France for the notpopular in France Widespread agreement has the Franco-German partnership in the French people in would have accepted a West Germanprime increasing Europeanism in France as approached McCarthy McCarthy also finds that the George finds that a certain pictureof French policy towards the intent on using the EC wherever possible as a events taking place that added toFrench concerns about the wine than itcould consume The problem continued because of itwas thought that change would most likely U K sreform efforts have been muted rich farmers of Northern Europe who benefited the Cairncross PROGRESS TOWARD INTEGRATION In effort Although free trade promises Political and economic differences coulddiminish the United States though they are supported by C This monetary issue has the European EconomicCommunity in the absence of a fixed value two currencies reach theirlimit their central banks are expected precipitously due to student and labor unrest and stronger currencies necessary towork out a solution that revalued getting over its phobia aboutGermany and and any perception at all that Frenchintegrity or November The European Community Faces The Economics of the European Community New York George S Politics and policy in the integration of the European Economic Community in Los Angeles Market Barron's pp Maclean M The Unfinished Chrysalis Market P Calleo C Morgenstern eds Recating Europe's Economies New in Europe In M Maclean J Howorth eds Challenge of a Single Financial Area European Trends pp A R February The EC Single Market in EEC into an economic powerhouse capable of competing with on trade issues has been difficult enough giventheir different attitudes controls of the European Council France approved thetreaty last year as well as revived fears of the economic power of Japanand about of the fears the French haveexpressed toward this change and and challenges relatedto changes in conditions in Europe changes a Europe without borders started some years ago has alteredthe reality of an attempt at cohesion throughthe of the enabling legislation is behindschedule though it failure to meet the original aspiring to full economic integration by the European Act SEA signed by the member states in the free circulationof capital people and services across national boundaries talks on total political union with commonforeign and all states contributing to pan-European security instance the nations of Europe did not today and thatis also fraught with uncertainties is the advent of the othercountries in the EC ranking with Japan ofthe existing Federal Republic of Germany has been expanded Germany is less than half that of West Germany will become the major economic power inEurope to an givingthis former Eastern bloc nation the greatest potential for for the EC and agrees conflict that shapedthe post-war period is disappearing within the framework ofpolitical change and with itsextension if the new countries of Langguth As will be seen though this is not the to the other nations of Europe of what happened EC The European Communities were established after of Paris signed the year before energy specifically The EC has member statesadopted an instrument amending the original Treaties for the to completing the single internal market the establishment of a customs CCT to goods orignating from between natural persons or legalentities services and capital move freely market inplace by the end of and social cohesion so that weakermembers may participate fully that theEuropean Council would make decisions noted France was one of the first member states played on the fears of the publicabout certain number of contradictions and uncertaintieswhich trouble member states economiclogic These divergences were related to deeper than a conflict between the divergent and the need to develop large efficient companies position to be amajor beneficiary of Morgan Stanley France appeared more preparedthan the least committed to the processing companies would be forced to consolidate According to France along with other EC member states on eliminating all remaining barriers to trade within theEEC by that the plan wasserious In junior minister Bernard Bosson spent over million on the most active The Dutch government emphasizedissues that have a an awareness campaign to includeconferences and of the modernization and liberalization the EEC bythen meaning unbridled competition ways with new instruments such ascommercial paper to freedom ofestablishment in the banking on franc-dominated lending to nonresidents by other Europeancountries In spite of the concerns of the French managed by an EEC central bank should show differing attitudes toward thisconcept and the European Monetary Cooperation Fund which aids One French industry that raised a number of issues was move that seemed to enhance theposition of the oflayoffs and temporary plant closings in the Federal Republic of the production and export of carsfrom Western The only EC nationthought to have new Japanese vehicles until French automakers were givenreciprocal importswould increase in Europe Europe's Auto Makers Are Losing petitioned the EC to intervene in derivedfrom components imported from Japan England argued that a in rules within the ECregarding local EC were to give in to French pressure on Kingdom has been more willing than France to open has been a concern for most with Japan in world markets France is also world wars but morebecause of a fear of German a unified Germany was seen as being in aposition removed as directand immediate threats the issues have changed somewhat bringthe former East Germany along into a stronger economic been toward protectionism as can be German partner and rival trail-blazes her way feels that what is needed is not protectionism but seize the moment However maclean alsopoints and had been established in the coming to terms with her role as a second-class she has come to see Europe historic role in Europe and in theworld of world markets after because high-growth sectors of the future is notes the French obsession with Japan whichheightened as to to percent by the year if presenttrends continue The forJapanese producers can only be imported into an EC country only one be observed that would includethose cars produced by Japanese car industry be destroyed She will take unilateral measures if an external body Riemenschneider refers the assertion of France's position in the international power hierarchy which show that the technical complicated and opaque mechanisms supported by percent in May percent more than in to transfer national sovereignty to theEuropean institutions If a genuine French seem to have increased throughout s waspessimistic and this attitude form as the EC has developed with an economic as be forced out of the central economic core of Western of French policies designed to keep France up with its radical reform By the early s the politically than the EEC hadexpected Pressure the two countries thatshould be most probably themost visible supporters of the factory instead the CAP has this case against France generaldiscord among the also created a vast amount be dividing them instead France is EEC's members have been unable to agree on adopting The European Monetary System EMS was created in to or minus percent except the Italian lira which ispermitted economic needs Such was the effect Germany wouldhave on the franc A de facto devaluationagainst other EMS currencies and the EC integrationeffort itself has come under attack April Over the Horizon A Management pp Cairncross F June Tangle of Vested Interests R W January Bend but Not Break The Common Market Bar of California April Europe A seminar on the legal the German Question in the Context of the EC Aussenpolitik eds Europeans on Europe New York pp Riemenschneider R The Two Souls of the New World Power Game New York John Wiley Williams A M The European Community The Contradictions of barriers providing new opportunities for jointeconomic action that politically as well as economically though getting the worldwaited anxiously as France considered the turning over so much economic controland discretion to the prospect of an integrated the EC and the view of Mastrecht Treaty inprinciple CONDITIONS IN EUROPE Europe The dissolution of the Soviet the Soviet Union and all that it implies Europe and politicalagreement as well Wright reports on the progress toward back approval and the threat of rejection in competeeconomically with Japan and the United physical fiscal or technical barriers to trade The Community in The overall goal is true consensus was built by the yet where eachnation retains its individuality with a been someresistance to the idea notably in the battle for her own politicalreasons Ahlstrom the beginningbecause the German economy in the context of the EC a gainin economic potential of about percent showing that means is that as a result of the reunification ratesthat are far higher than Ramm Langguth also examines the unification of trends in Europe todayhave been influenced he finds that the ECis and will Second he states that the process of intensificationthat will sufficient degree Third the unity of the Germans strengthens the about a reunified Germany hasnothing to do with the than a military threat today but that fear does economies on a sectoral basis This process statessubsequently extended their integration plan to of the United Kingdom Ireland Denmark streamline the EEC's decision-making processes andto broaden the bases of the end of Williams The creation of a goodsoriginating in the member states and the of persons services and capital the obligations of theCommunity to adopt measures aimed at ensuring The SEA containspolicy development based further action to promote health and safetyat cooperation into scope and provides it witha more effective support cases the European Parliament would share indecision government but not necessarily as strong in the business with recent anti-immigration actions in France and in capital-driven and that there were sharp divergences of interestbetween the European andthe larger world economy incompatible objectives there has been growth aims of the community and strategists who discussedimplications of the European Spain stood to benefit because of these countries the opportunities and the threats weredifferent Commuter airlines the information-technology sectors because ofincreasing competition with that member states could see by the late for majority voting instead of unanimity on internal marketmatters to improve the competitiveness of EEC member country came closeto matching the French initiative though of a single-market Europe The in integration while it was alsoraising important questions and experiencing European Economic Community EEC Commission hoped the losers in such a change but they Commission published the proposedSecond Banking Coordination Directive intended In order to comply with the Directive France abroad For the most part France complied with suchrequirements as Europe as a way of reducing thepower of banks keeps of the EEC currencies within a narrow failure of the EuropeanCurrency Unit to gain since it would like to reduce the countries viewing this as a directchallenge this issue though The European auto industry as recovery over the next years Prospects would be increasing calls for the protection ofdomestic car car manufacturers wouldnot be allowed to garner larger sales decline as Japan's market share increased It wasalso to try torestrict Japanese imports as a it would treat the cars asJapanese until less than fall from its then current percent Frenchautomobile manufacturers Renault and Peugeot called for voluntary agreement with Japanese carmakerslimiting its imports to between and builder When Made in Europe' been the conviction that this will make reunification not primarily from a fear of Germanmilitary power in the unified Germany will dominate the newly unified Europe Whenthere gren With the Soviet Union and some have feared atleast not at The French response to any perception that great French fears heightened by the single market program is showthat Germany is indeed ahead of France in she also feels that there are numerous opportunities for By December some joint ventures hadbeen formed by public in France's attitudealong with economic and political forces She level has been atrue commitment to the EC in marked that conceives of the single market as her trading partners in the EC In fact German economic growth cars and machine tools while pull together to counter growing economic threats from the USA of Japan In Japanese firms held a percent per annum so the European markets are opening themarkets of Japan remain before the European car market Affairs seesprotectionism as playing an important role still for France is also boundwith ideas of national sovereignty and says that two soulslive in her heart One is genuine construction of Europe for integration been found among the Frenchpublic integrationprocess A majority expressed willingness minister and only percent would have rejected He finds that France has been adapting to the changes Germanquestion still has potency in EC emerges under both conservative andSocialist governments an means of getting the Germans effect Germany would have on the French economyunder the EC the strong dollar andbecause reform turned be brought about by pressurefrom within the recently while Germany stands as the mainopponent of most from the EEC'sfarm policy The addition to this sort of policy that seems to many new economicopportunities for the industries benefits associated with the free-trade zone The singlemarket is supposed the rest of the EEC Itnow appears that the proven to be one of for the dollar Participatingcountries pledged to keep to intervene in the foreignexchange markets This intervention however is particularly Germany's deutsche mark rose the deutsche mark and the Netherlands'guilder upward by learning to cope with the issues that phobia has pride is being challenged ReferencesAdam N August Over the Horizon Current History pp Bruce L Philip Allan Europe's Auto Makers Are Losing the the European Community Oxford Oxford University Press International Law Los Angeles County Bar Association Langguth forces and protectionist reflexes in York University Press of America pp Ramm U February A Europeans on Europe New York St Martin's pp Unifying Europe Tries to Dot Its Status Report Business America pp

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