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European Union: Constraints vs. Opportunities. Edition No. 1
VDM Publishing House, April 2009, Pages: 72
During the early 1980s, Europe suffered from slow
economic growth. As a result of this stagnant growth
pattern, the European Union created new economic
policies and reforms, which eliminated tariffs and
barriers among European member states, and set new
rules for competition law. The European Union
eliminated most regional trade barriers but was not
able to achieve the same success with inter-regional
barriers. While many supporters of European Union
applauded the reform, several American companies
claimed that Europe’s new economic regulations pose
disadvantages for American companies in form of a
fortress. Constraints are the outcomes of different
institutional regulations and protectionism. This
book will present the arguments from both sides
of the Atlantic and conclude that the opportunities
created by the European Union outweigh the
constraints for some non- European companies.
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