분야
pptx2. Perspective of intergovernmental approach
- Single European Act(1986)
- The Treaty of Maastricht(1992)
3. Perspective of functional approach
- Single European Act(1986)
- The Treaty of Maastricht(1992)
4. Neo-functionalism
5. Liberal intergovernmentalism
- Functionalism & Intergovernmentalism
Revival in economic and political co-operation in Western Europe
- The removal of non-tariff barriers, Integration market – financial service
- Monetary integration and coordination of macroeconomic policy
Change of Institutions
- Majority Voting for the Council Ministers
- Stronger European Parliament
Disagreements
- Increasing integrated level of social and politic completely
- Not completely free moving of labor
- Wholly integration market ex) England
The Masstricht(1992)
- Functionalism & Intergovernmentalism
Merits
- Completion of all agreements at the Single European Act
- Completion of monetary integration
- Integration of European economic bloc
- Removal of currency risk
- Contribution to price stability
Demerits
- Structural imbalance within the Union
- Trade deficit
- Credit and Fiscal crisis
