Publication Year

1995

Keywords

Austria, European Union, foreign policy, government, international relations

Disciplines

European History | International and Area Studies | International Relations | Political Science

Abstract

The concept of the European Community is truly a mutual economic phenomenon. Never before in the history of man has such a collection of states banded together voluntarily with such a common purpose, to achieve such a common aim--that of total economic, political, and monetary union. This encompasses free trade among the members of the European Union (as it will hereafter be named in this paper), a common external tariff policy, free flow of the factors of production, and a virtual harmonization of all trade, monetary, fiscal and other economic policy, which may or may not be decided upon by a separate autonomous governing body. This step is large indeed, and may never be achieved totally by the European Union, although this has been the goal of European integrationists ever since the beginning of the post-World War II period. This process has been called many names, one of the tamer ones being the "mad leap in the dark," which is true to a certain extent. The process has so many unknowns--how the market will react to various external and internal economic stimuli, as well as how far integration will go, as the union expands to include new members.

On January 1, 1995, three new members joined the European Union: Austria, Sweden and Finland. Austria will be examined as to the effects of integration: political, economic, and otherwise. It is the length to which the integration extends upon which this paper will focus. I do not see Austria wholly as a test case for what other new members may expect, not now or in the future, for Austria has a number of factors which make her European situation a unique one. Rather, Austrian integration is an interesting case study precisely due to those factors.

Department 1 Awarding Honors Status

Political Science

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