What is europe's economic system?
461213
Hmm,\n\nThis is a good question. For starters I'm going to assume that by Europe you mean the European Union, since some countries in Europe don't belong to it.\n\nThe European Union (EU) is an intergovernmental and supranational union of 25 democratic member states having territory on or sociopolitical connections with the European continent. (www.wikipedia.org)\n\nThe Union nowadays has a common single market, [2] consisting of a customs union, a single currency (the euro) managed by the European Central Bank (adopted by 12 of the 25 member states), a Common Agricultural Policy, a common trade policy, a Common Fisheries Policy, and a Common Foreign and Security Policy. (www.wikipedia.org)\n\nIn lamer terms, it is a group of European countries (mostly for the moment) that got together and decided to unify their economies in one single currency also unifying certain policies (like trade, immigration, etc..).\n\nIt is very interesting since the different countries continue being politically independent but have certain unified policies. As opposed to the States within the USA which depend of a Federal Government.\n\nI would say it is an "in between" or hybrid of Unified States under federal law and a Free Trade agreement, like Cafta or NAFTA.\n\nI hope this answers your question.
329474
it's based on demand/supply of the money. It can also be determined by government policy, like when euro first come out.
264762
In all the European Union. But probably the only country in Europe which is creating jobs is England.
1030020
EC = European Community\n\nNow known as European Union.
164817
The role and function of the money in europe is no different then then the role and function of money elsewhere in the world. Its not because there are differnet currencies that the purpose of it is different. Ofcourse the value of it may vary to differnt standards of living.\nRoles of banks, and other financial facilities are the same as everywhere else in the world.
494960
This big difference is only one face of a completely different fiscal and welfare system. Taxation is heavier in Europe because it serves also to pay many public services which are freely granted (such as high-quality health care and education). America can tax citizens less than Europe because they prefer to pay directly when accessing services ("why should I pay hospitals when I don't use them?").\nWhatever is our opinion on the two systems, they are too different for being comparable and it's not easy deciding which is better.
20307
The euro is the currency of twelve European Union countries, stretching from the Mediterranean to the Arctic Circle (namely Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland).\n\nEuro banknotes and coins have been in circulation since 1 January 2002 and are now a part of daily life for over 300 million Europeans living in the euro area.
349359
Top Universities in Economics in Europe:\nhttp://www.le.ac.uk/economics/research/rankings/europerank.xls\n\nTop UK Universities in Economics:\nhttp://extras.timesonline.co.uk/gooduniversityguide2005/20economics.pdf
898277
the closest systems you will find are Sweden and I think Switzerland as these two countries hold a lot of referendums where people vote on major issues, which is the purest form of liberal democracy.
906267
Communism is an economic system and Socialism is a political system (a form of government)  that can be adopted under a capitalist system (Examples: Spain, France).\n\nCommunism is opposed to Capitalism.\nIn Capitalism businesses are owned by private businessmen. This is a system of free enterprise, where anyone can start their own business and sell what they want to whom ever they want. \n\nCommunism is a "command economy." This economic system has only public ownership of businesses, where the national government has complete control of all industries. People are told what to produce, how much is needed and the price to sell it at. \n\nWhile there is wide variation between socialist groups, nearly all would agree that they opperate according to principles of solidarity and advocating an egalitarian society, that would serve the broad populace rather than a favored few.
226805
I think the EU is dependant of there economics as most states of this world.  Although they want to overcome the US authority they are economicly controlled via the German banks that are at there turn controlled by the FED true the many bank instruments and currencies exchanges.  In short everybody want to get ride of the US economic control but they are holding the IMF.  But in counter part, there economics is maintained true 90% loans from China and Japan.  Do you see the potential solution?
1187022
Yes.  The euro has inexplicably grown stronger with the last addition of nations even though all of the economic indicators have fallen.  France has record unemployment, the rest of western europe isn't too far behind and the attraction for businesses to put new plants in eastern europe where wages and cost of living are dramatically lower will not improve the situation.\n\nBritain still uses its own currency because they don't have faith in the fake economy established by the EU.
374630
The EU will survive for a very long time. Its main objective is to eliminate borders and create a single European state. If this succeeds, considering that over half the world's military and political power rests in the European continent, it will survive for very, very long time.\n\nEurope is continent where the vast majority of inventions that changed our lives were created. It is the land of many achievements. It is a land of freedom, no matter what others will say. Europe is (and will be) the world's largest political, economical and social center. \n\nThings have always changed, yet Europe remained the same. Africa, Australia, America--all these were discovered and colonized by European travelers. Even though all of them are the daughters of Europe, they never achieved its greatness.\n\nEven though she has been ravaged by many wars, Europe survived. The conflicts she has seen are innumerable. We can't say that about any other continent. For example, the Romanian countries stand against the Ottoman Empire--they have kept it from advancing for half a millennium and rised above it in battle each and every time. How about the Serbians and the Bulgarians who fought wildly for their freedom?\n\nEurope is not a land of modern fascism, it is a symbol of democracy, something that the USA hasn't managed to remain.
753297
In simple terms there are 3 competing blocks of economic powers.\n\nThe US, Canada and Latin America who are linked to the Dollar\nThe EU block (UK, France, Germany) who are linked to the Euro\nThe Tiger Economies (Japan, Asia, Australia) who are linked to the Yen.\n\nAnything which weakens one block, such as a new poor member joining, strengthens the other blocks as the original block needs to spend money bringing their new member up to their standard of living. \n\nWhen East Germany was re-united with the much richer West Germany, the tax-payers within West Germany and the EU had to fork out hefty tax rises to cover the cost. This resulted in a fall in the Euro v's the Dollar/Yen meaning people in those 2 blocks benefited.\n\nIf Turkey joins the EU it will require even more financing than East Germany to raise the standard of living.\n\nIf Mexico were to join the USA it would cause a financial hemorrhage within the US and benefit the EU nations.\n\nThe other advantage to the US of Turkey joining the EU is that it might make Turkey less "Islamic" and more Westernized, leading to other Islamic nations seeking membership too.\n\nIf Islamic countries become more Westernized it will make the Middle East more safer in terms of less Anti-Americanism from the Arab nations.\n\nThere are more complex factors involved, but the above is the basics.
674852
The current EU economy is in crisis already. Personally, I think if they enlarge it, it's only asking for further strain on Europe, it's individuality, and it's economy...
2012
To find the economic situation of any country, the best resource, in my opinion, is the Economist's 'Country Briefings' section:\nhttp://www.economist.com/countries\n\nIt has political and economic information, forecasts, statistics, and recent articles covering what's new and important in each country.  I have never found a better research resource than this.
882157
I'm currently reading a book called "United States of Europe" by T.R. Reid.  This book is thin and very easy to read even if you don't have a lot of interest in the subject.  It covers European attitudes about the new EU and about Americans in the preface and first chapter.  In fact the attitude of the citizens of Europe is the main focus of this book.\n\nIn general, Europeans, specially the younger generation are excited about the EU and feel themselves to be EU citizens.  The fact that political and economic borders have also disappeared creates a situation that people can live and work anywhere they choose.  \n\nI think it's great that you are looking into doing a paper on this as European unification will be marked as one of the greatest turning points in the history of mankind and we are alive at the time of its formation.  It's kind of like being there in the early days of Rome.\n\nI don't have any links, but the book I recommended is cheap to buy used from amazon and will answer many of your questions.\n\nGood luck.