The Development of Economies of the European Union Member States in The Period of 2003-2014

Mariusz Rogalski
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Mariusz Rogalski: Maria Curie-Sklodowska University, Poland

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Abstract: The purpose of the study is to present the diversification of the countries belonging to the European Union related to such factors as area, population, GDP and GDP per capita. The study shows inflationary trends as well as changes in employment in the member states. It is also crucial to present positive aspects connected with the membership in the European Union. Despite the diversity of its member states, the European Community is obliged to coordinate its operations in such a way that maintains cooperation and common connections among them. The fields which are regulated by the European standards are different and are related to a lot of areas of state and citizen’s functioning. Owing to homogenous policy, the united member states become closer and more dependent on one another, which fosters the maintenance of social and political order and prevents international conflicts. What is more, being a member of one community provides a lot of opportunities of creating partnerships.

Keywords: the European Union; member states; GDP; GDP per capita; areas of activity of the European Union; inflation; employment (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:tkp:mklp15:2243-2254

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