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European Economics

European Economics custom essay

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Paper details

Any topic related to the content of the course (eg. the crisis (Spanish, Greek, European), the Euro (costs and benefits), unemployment in Spain, the deterioration of the welfare state, ETC))

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Course Description

The course is organized as follows. The first topic reviews the reconstruction of Western Europe after World War II. In the second half of the 20th century the lives of Europeans were transformed almost beyond recognition. GDP per capita tripled in the second half of the 20th century and the quality of life had an impressive improvement. What made possible the rapid economic growth of a continent that was devastated by WWII? Why it was not possible to maintain this rapid economic growth after 1973? This section is an attempt to answer these questions. The second topic reviews the dawn and collapse of the Eastern Block. In specific, we study the strategy, problems and collapse of the central planned economies. The third topic reviews in detail the process of integration of Europe. We start discussing the spirit of the integration process as well as the fundamental problems of the union. Then, we highlight the most important momentums of the European integration.

The fourth topic deals with the functioning of the European Union. In specific, we review the Institutions (Council of the European Union, The European Council, The European Commission, The European Parliament, European Court of Justice and The European Central Bank), the Budget and the Policies (The Common Agricultural Policy, Regional Policy, Competition Policy and Trade Policy) of the European Union. The fifth topic analyzes the impact of the European Union in the Spanish economy. Spain developed more slowly than most of its European neighbors after Second War II, restrained by the authoritarian regime of General Franco. Since the restoration of democracy in the mid-1970s and particularly since accession to the European Union (EU) in 1986, growth has been impressive. We explore the main forces driving economic growth and convergence over the past two decades. Although we cannot underscore the importance of policy domestic changes, we focus on the impact of the EU in this process. The last topic study the challenges faced by the EU and the Spanish economy today. Great deal of time is devoted to study the European and Spanish crises.

 

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