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I need some assistance with these assignment. the euro is political project that was doomed to failure Thank you in advance for the help!
I need some assistance with these assignment. the euro is political project that was doomed to failure Thank you in advance for the help! The ratio of challenges and successes has determined how well the EU has accomplished its goals. Of essence in the existence of the EU has been the Euro, which is the common currency. According to Hamori and Hamori (2010), the Euro was introduced as the solitary currency for eleven countries that were part of the EU. It was the first step towards a monetary policy regulated by the European Central Bank (ECB). Since then, the number of countries using the currency has grown to nineteen, which may be considered a success. However, digging deeper into details, the opposite may be the consideration. As a result, this brings about the paper’s main agenda, which is the discussion of the Euro as a political project that was destined to fail. Several questions will be answered in the paper’s discussion. They are the meaning of a political project, if the Euro was a such a project, if it was, how and why. What does failure imply, was failure foretold in regard to the Euro, if it was, on what basis and why. Has the Euro been unsuccessful, if it has, why and in what ways is the failure associated with it being a political project?
According to Switalski (2014), Europe is a political project that was conceived out of history. Europe as it is now under the EU and the several countries out of the EU forming the Eurozone was founded by persons whose main aim was to free Europe from the country of the effects to country rivalries for resources and to ensure that all European countries were liberated from governments that were tyrannical both in ideological aspects and nature. Hence, the uniqueness of the EU was born from the desire to redefine the association of European countries when it came to the respective shared interests that they all had. As such, in this context of the EU and the Eurozone, a political project can be defined as a scheme that is created by different national governments in order to pursue .certain aims and goals that pertain to the success or achievement of their national interests.
