EU & Supranational Organizations Flashcards
Process that encourages states to pool their sovereignty in order to gain political, economic, and social clout
Integration
Currently has 193 members which are voluntarily forced to abide by organization’s peacekeeping principles
United Nations
The body responsible for making priority decisions in the United Nations
Security Council
Organization that includes sub organizations ie/ United Nations has world bank, international court of justice, and UNESCO
Umbrella organization
This organization is responsible for negotiating and implementing new trade agreements and serves as a forum for settling trade disputes
World trade organization
This organization focuses on loaning money to low and middle income countries at modest interest rates
World bank
The treaty of Rome established this in 1957; it called for the elimination of all tariffs between European nations
European economic community
This was established in 1965 and expanded functions of eec beyond economics: peaceful use of atomic energy
European Community
The 1991 Maastricht Treaty established this and gave it authority in monetary policy, foreign affairs, national security, justice etc
European Union
The three pillars of authority in the EU
Trade/economic, justice/home affairs, and common foreign/security policy
To be accepted for membership into EU nations must:
Have a stable and functioning democratic regime, a market oriented economy, and willingness to accept EU laws
As the EU becomes bigger many nations oppose including new nations
Enlargement fatigue
This body of the EU has 28 members who initiate and implement new programs, form a permanent executive that supervises the work of the EU, and act as a national cabinet.
The Commission
This body of the EU demonstrates the continuing power of the states; it’s heads of state meet every six months as the European council which is central to the EU’s legislative process.
The council of ministers
This treaty made the position of president of the Council of the EU permanent for 2 1/2 years
Lisbon treaty
The process of decentralizing the unitary state to share policy making power with regional governments
Devolution
This body of the EU has little power but its members are elected directly by the people; it can propose amendment to legislation and reject proposals from the Council~meetings are held in Brussels
The European Parliament
This body of the EU has the power of judicial review~ it meets in Luxembourg where it interprets law and may limit national sovereignty
The European court of justice
The power to set basic interest rates is being passed from national banks and governments to this
European Monetary Union
This guarantees selling goods at high prices
Farm subsidies
This treaty set major policy initiatives for judicial affairs
Treaty of Amsterdam
The loss of direct control of political decisions by the people
Democratic deficit
This policy favors open, free markets
Economic liberalism
This policy seeks to protect national economic interests from the uncertainty of free markets
Economic nationalism
