Critically examine how effective the Single European Act has been in Essay

Critically examine how effective the Single European Act has been in creating a European Internal Market - Essay Example Through a historical overview of the treaties upon which the EU is founded, followed by a discursive analysis of the enlargement process, the creation of joint borders through the Schengen Agreement, and the formulation of a monetary regime whose outcome was he implementation of a single EU monetary unit, the research shall demonstrate that while the SEA contributed to both the deepening and the fortification of the integrative process, it is hardly single-handedly, or even primarily, responsible for the evolution of the EU of 2005. The European Union is a unique example of political economic integration. Even though Paul and De Burca date the creation of the EU to the birth of the Maastricht Treaty in 1993, others have contended this to be erroneous, insisting that the evolutionary process spanned five decades. This argument is forwarded by Molle (2001) and expressed in his contention that evolved from a limited common market with only six member states to a regional political and economic bloc, comprising twenty-five nations, in the span of five decades, the European Union provides political economists and legal scholars with a unique insight into the legal strategies and frameworks requisite for the realization of such an ambitious project. The European Union project, as noted by Molle (2001), was predicated on the assumption that regional political and economic unification could restore European global economic and political power and with this assumption functioning as a prime motivator, legislature and tr eaties among towards the realization of the stated goal, entered the formulation stage I 1948 and the implementation stage in 1952 (Molle, 2001). 1952 witnessed the passage and implementation of the EU’s founding treaty, the Treaty of Paris. At this stage, the European integration process was confined to the creation of the