The Eurozone crisis trauma...Diplomatic Interactions and Negotiations…Living in paradox...Cyprus was
- diplomar2491034
- Mar 14, 2015
- 4 min read
It seems that the Europeans’ confidence in government for handling economic issues and problems, has been declining...
Institutions can be characterized as efficient not only if they have a good productivity level but also if they have the strength and capacity to absorb an occurring crisis...
The financial crisis revealed the vulnerability of the EU and gave the nationalist tendency the opportunity to point out how much susceptible can the EU be to foreign influence such as the one coming from China...Also, the EU citizens have been repeatedly showing their mutual distrust as the result of the traumatic situation in the EU, the rose of nationalism, and the fact that the EU hasn't been democratically "democratic."
The EU crisis encouraged political differences, ideological fights, and members' skepticism while also the nationalist tendencies trapped the Union from finding a quick solution to the problems...This irritated the dissatisfaction of European citizens for EU institutions, something that was also complicated by the increasing rates of unemployment for the European youth...The crisis yielded to outside interference (China) and confidence of few EU member states to challenge the union's principles and threat of exiting the Euro... As it was argued by some, the EU is more or less falling apart...
The European parliament is filled with incompatible bed fellows, divided ideologically, often raising nationalist instead of unionist rhythm and thus a crack within the Union. Such schism is in contradiction to the vision of the founders of the union; the union envisaged by the founders should stand above ideological cleavages and against complete ambitions, without egotistical words, but constructive acts...The Eurozone economic trauma revealed the deep disconnection between voters and the institutions trying to find solutions to the problems while it also provided support to the demands of the nationalist rightist parties, whose goal to gain an important position in the EU parliament is putting at risk the freezing of the process of European integration. Although the results of the past European parliament elections indicated that the centrists made it as champions, they also delineated the footing of anti-EU parties...
Elements of democracy include equality for all and free expression of different political ideologies. Consequently, the EU parliament is "interrupted" by various political parties (presented as coalitions), but to what extent has this political variety helped the right political decision for the citizenry...The divide among political parties was indicative to the decision making delay that persistently bothered the EU, following the Eurozone crisis...The way in which Cyprus was treated is also a case for analysis with respect to the Euro project. Unlike other countries, Cyprus was treated "differently"...a fact that eventually pointed out that not all are equal within the EU...Apparently, such case does not describe an encouraging picture to other members of the EU...
The last years, the EU has evolved as a steady, resilient community through developments and crises, sinking but resurfacing as well...However, the EU community was structured around the German economy for particular competitive reasons. There has been large dependence of the European market on the export economy of Germany... Undoubtedly, the heart of the Eurozone is based on Germany and hence, Berlin will continue to muster all at her disposal in order to save the EU from falling apart...The survival of the Eurozone and Germany can be paralleled with China and the liberal market economy. The increasing rates in developement of the Chinese economy signaled worries about the emergence of China as a game changer and whether the growth of the Chinese economy would be eisky and dangerous for the liberal economy...Inevitably, a possible disintegration of the EU and the Eurozone and the EU will lead to disturbance and chaos in the German economy, largely dependent on exports and the EU is critical to those exports as a free trade zone. Consequently, the "control", "monopoly", and sustainability of Germany depends largely on survival of the Union...
High levels of EU internal policy development, institutional co-ordination and Member States’ convergence did not lead to a high degree of leadership capacity. This dimension of the EU’s effectiveness is best explained by the legal circumstances of the institutional setting in which the EU was embedded and the changing balance of international order...The fact that the EU does not enjoy full membership rights in the UN and the changing global distribution of power, which challenges the Western normative agenda, explains the EU’s difficulties in gaining the support of the major stakeholders in global arms trade. The international legal context also proved to be a constraining factor for the EU’s external cohesion: French and British seats in the Security Council to a minor extent hindered the two countries’ support of the EU’s collective action...
EU membership alters states’ normative framework and induces cooperation, despite historical animosity. The British–Irish case and Northern Ireland illustrate that strong bureaucratic capacity and institutionalization were not caused by the obligations and norms of EU membership, but that they and British–Irish cooperation emerged from domestic sources in the first place...In the absence of these bureaucratic domestic factors, the EU’s influence on cooperation and domestic capacity is more limited. While politicians, academics and journalists alike very often expect results overnight or within unrealistic time frames, these findings imply that the carrot of EU membership alone, or eventual membership itself, are not sufficient conditions for more substantial Greek–Turkish cooperation and conflict resolution in Cyprus...Domestic skills and bureaucratic evolution in the UK and Ireland have lent themselves to policy-learning and revaluation in a way that has not yet emerged in the Greek–Turkish case, despite improvements in the latter case...
All states in the world have overcome civil wars or foreign conquest...The federal elements in the EU can only happen through the consent of states that have already united their markets and those who wish to join. That is the basic target of further unification of Europe... Apparently, most of the current problems of the EU (not effective allocation of all resources over the whole territory) occurred because the EU has not secured the functioning of its factor markets...An institution's efficiency can best be measured during the period of crisis...
Undoubtedly, the EU is financially more matured after the Eurozone crisis that he crisis vindicated strict financial principles that can repulse the repetition of similar crisis. Undoubtedly, the crisis leads the EU towards maturity and deeper integration...
With the courage of their convictions, Europe’s social democrats can still provide a compelling vision that distinguishes them from the others, and that just might provide them with a path to power in the years ahead...
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