𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The reality of integration within the european union

✍ Scribed by Sir William Nicoll; Dr. Richard Schoenberg

Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
765 KB
Volume
41
Category
Article
ISSN
1096-4762

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✦ Synopsis

The European Single Market program has put in place legislation that provides the free circulation of goods, capital, and people. Further, the recent implementation of monetary union provides a single currency and a common monetary policy in 11 out of the 15 Member States. Yet significant practical barriers to European integration remain. Legislation concerning taxation and company law is still primarily nationally based. More fundamentally from a business perspective, the European environment continues to be characterized by divergent industry structures and national cultures. Although there is considerable momentum for political and economic integration at present, this deep-seated national diversity remains strong and can hinder businesses from adopting an integrated approach toward the European Union, 0 1999 John Wiley & Sons, Inc.

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