Supranationals

Coming Together or Falling Apart Devolution = decentralizing the unitary state, share policy-making with regional governments Integration = pool sovereignty to gain political, economic, and social clout NATO = North Atlantic Treaty organization, regional military alliance Enlargement Fatigue = decline in support for expanding EU

United Nations WTO: World Trade Organization ▫Negotiate trade agreements ▫Settle trade disputes ▫Supervises trade rules World Bank: aid to countries after WWII ▫Loan to middle and low income countries ▫Eliminate poverty ▫Support economic development ▫Health initiatives ▫Reduce greenhouse gases

European Union Intonations 1949 Council of Europe 1957 Common Market (EEC) 1965 European Community 1991 (EU) Maastricht Treaty Leadership The Commission – executive, equality Council of Ministers – legislative, states European Parliament – legislative, people Court of Justice – judicial review, equal, majority

Economic Problems and Solutions Monetary Policy – control of the money supply  Single market and currency  Decide interest rates  Agricultural policy Sovereign Debt Crisis – default  debts of individual countries  bail-outs and restructuring  60% targets Economic Structural Adjustment – debate  Only way for weak countries to recover  Burden goes to strong countries