Political Science 2231E Chapter Notes - Chapter tutorial first semester : Eurozone

• School: Western University
• Department: Political Science
• Course: Political Science 2231E
• Professor: Radoslav Dimitrov

Document Summary

(cid:862)e(cid:373)(cid:271)edded li(cid:271)eralis(cid:373)(cid:863): the post(cid:449)ar (cid:272)o(cid:374)se(cid:374)sus that so(cid:448)ereig(cid:374) (cid:272)ou(cid:374)tries (cid:449)ould gradually liberalize their economies but maintain enough discretion over their economic policies to cope with hard domestic times. Eu will lose largest military power - one of two nuclear states, 1/2 veto nations, global finance centre. 40% of exports go to eu, 8% of eu exports go to uk less favorable terms with the rest of the world when negotiating future trade and investment deals on its own. British citizens will lose their automatic right to study, live, work, and retire in the 27 other eu member states. With the influx of middle eastern immigrants in 2015, uk wants to regain control over its immigration policy. Eu has fragile economy - high unemployment. Restoring growth in the eurozone, fighting youth unemployment, and championing eu political reforms that return some economic power to member states should take precedence over austerity and one-size-fits-all structural reforms.