The financial crisis – originated in 2008 in the United States – had a dramatic impact on the world economy. The European Union was immediately involved, but its reaction to the crisis was clearly inadequate. The misgovernment of the European economy not only put at risk the European Monetary Union, but it also caused further hindrances to the recovery of the global economy. The global financial turmoil shook deep-rooted beliefs. The doctrine of international neo-liberalism is more and more criticized. Nevertheless, the critics of neo-liberalism focus their attention on the relationship between the state and the market, as if the nation states, with their international organisations, have enough power for an effective global governance of the world economy. The model of European supranational integration, though seriously imperfect, can suggest some new way out from the crisis – even at the world level – based on a new relationship between the supranational government of the Union and the market. In this book, several academic disciplines are involved: international economics, international political economy, international law, international relations, political theory and democratic theory. Adopting such a multidisciplinary theoretical perspective, the volume tries to answer the following question: Is a more supranational Europe able to provide a better government of the EMU? Does this reform involve more European democracy?

With the ending of the Cold War and the rise of a nationalistic ‘America First’ strategy, the post-war liberal international order, based upon the hegemonic power of the USA, is fading away. In its place, a multipolar world is emerging which, while offering some the hope of a better future, is also open to disorder and instability. This book offers an insight into the relationship between politics and economics in this new era. As an alternative, this volume argues for a form of global governance that will offer a better balance between politics and economics, based on a supranational approach. A supranational approach in which world powers and UN member states can work in agreement would follow the principle on which European political and economic integration was built. The system put forward here is based on a Keynesian world clearing union and a reform of the World Trade Organization and a United Nations budget, which would accelerate the convergence of rich and poor countries in the aim of a more sustainable global system. This book demonstrates that globalisations and today’s ecological challenges are both a cause of social discontent and an opportunity. Supranational institutions can greatly increase our ability to address global risks, and this book shows how a 'supranational' world order could reduce the uncertainty of the transition from the post-war order to the future multipolar order. The supranational principle enables us to view globalisation, world capitalism and the ecological crisis not only as causes of inequality, poverty and social instability, but also as processes that can be governed. Wise politicians and political parties cannot let the future of humanity be decided by the precarious equilibrium of the Westphalia system. In post-war Europe a group of nation states, once fierce enemies, embarked on a process of integration which led to the abolition of inter-European national borders. With supranational global governance, the same could be achieved in the global system.

This textbook in European studies, economics and politics has been revised to survey developments such as the deepening and widening of European integration through eastward expansion and the Maastricht and Amsterdam Treaties - whilst continuing to offer an overview of integration.

Written mainly for undergraduate students, each chapter in this book examines the progress of economic integration in the EC after outlining some of the basic issues. Then, finally, the consequences of economic integration are examined from the perspective of the UK.

European Political Economy provides a useful didactic tool for all scholars and students interested in a non-formalized political economy approach to European economic integration. Beginning with a theoretical orientation to European economic issues and European political economy, Leila S. Talani shows that political scientific approaches to political economy can generate new and important insights into the nature and dynamics of the European Union (EU). The chapters collectively present a comprehensive and coherent statement of political scientists' definitions of political economy, and apply their concepts, theories, and insights to contemporary developments in the EU. The book derives its distinctive focus from an emphasis on ideas, interests, and institutions as basic approaches to the study of European economic and political developments.

Seminar paper from the year 2010 in the subject Politics - International Politics - Topic: European Union, grade: 1,7, Bond University Australia, language: English, abstract: "In just 50 years, Europeans have made war between European powers unthinkable; European economies have closed the gap with the US; and Europe has brought successive waves of countries out of dictatorship and into democracy" (Leonard 2005). Due to the enormous achievements the European Union (EU) brought to its member states, the question of whether the EU is a superpower right now or if it will become a superpower in the future has been and continues to be discussed. In 2002, the then-president of the European Commission stated "that one of the EU's chief goals is to create a superpower on the European continent that stands equal to the United States" (Kupchan 2003, p.211). This essay aims to answer the question if the EU has reached this chief goal.

Seminar paper from the year 2010 in the subject Politics - Topic: European Union, grade: 1,7, Bond University Australia, language: English, abstract: "In just 50 years, Europeans have made war between European powers unthinkable; European economies have closed the gap with the US; and Europe has brought successive waves of countries out of dictatorship and into democracy" (Leonard 2005). Due to the enormous achievements the European Union (EU) brought to its member states, the question of whether the EU is a superpower right now or if it will become a superpower in the future has been and continues to be discussed. In 2002, the then-president of the European Commission stated “that one of the EU’s chief goals is to create a superpower on the European continent that stands equal to the United States” (Kupchan 2003, p.211). This essay aims to answer the question if the EU has reached this chief goal.

Beginning with the exciting discovery and excavation of the Aztec’s Great Temple in Mexico City, this vivid narrative depicts the exciting and tragic story of the Spaniards' invasion and conquest of Mexico. Told as an eyewitness account, the retelling explores the great battles that led to the fall of the empire, focusing on the meeting between Cortes and Moctezuma and the resultant confrontation between the Spaniards and Aztecs. Rich, detailed illustrations and captivating facts offer young readers a re-creation of the glory of the Aztecs and the empire's sad decline.

The annual price review is taken as an example.