Wednesday, June 19, 2019
Does the EU have negative impacts on small states in the EU Does it Research Paper
Does the EU have negative impacts on little states in the EU Does it fringe them The divide between the north and the south - Research Paper ExampleIt is to assess the impact of EU policies on the economic performance of small market economies within the EU, with special emphasis on Cypruss economy. Overall, there is a wealth of solid scientific research into the problem. Whereas books provide a all-inclusive analysis of the relevant data and newspaper articles enlighten the reader on the latest developments in the region. Though the literature on the subject is abundant, there atomic deed 18 some limitations in research too. A common thread from all sources reviewed suggests that EU policies have had an ambiguous effect on the economic performance of dissimilar small EU member-states.It would be wise to start this literature review by flavour at how experts determine which EU economies ar small and which are not. Today, there are as many approaches to defining small economie s as there are scholars researching the problem. Indeed, there is no single yardstick by which to tax whether or not a particular economy is small. Some researchers look at the geographical area of the country and the amount of natural resources it has (Castello & Ozawa, 2014). It is with the believe that those factors are inexorably linked to the economic ability of a country. Others determine the countrys affiliation with a particular pool of economies by simply looking at its GDP (Gal, 2009). For example, Castello and Ozawa (2014) classify Belgium and the Netherlands as small economies (p. 29), even though the two countries have relatively competitive macroeconomic indicators. Ronald Schettkat (1999) broadens the list to include Ireland, Denmark, and Austria. Although the number of EU member-states was smaller in 1999 and the economies of Austria and the Netherlands were weaker, they could be hardly classified as small. One plausible explanation for regarding these states as sma ll economies is that some of their industries are characterized by concentrated market structures, which is a criterion of a small economy
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