Free Essay

Lisbon

In:

Submitted By DAVISL
Words 1553
Pages 7
Leroy Davis

In 1755, Lisbon was one of the most beautiful cities in Europe. The Lisbon, Portugal earth quake occurred along the Azores-Gilbratar fracture zone. This is an active seismic region where large earthquakes occur with frequency. At the time of the earthquake, Lisbon was preparing for one of the biggest celebrations in the religious calendar and the city was alive with activity in preparation for the forthcoming commemoration. A strange frightful noise underground was first heard, it sounded like distant rumbling of thunder. The first three shocks were over a ten minute period followed by an even more powerful second shock which sent buildings toppling down. There were two major aftershocks that caused added agony and despair to survivors. The Lisbon earthquakes caused considerable damage not only in Portugal but in Spain, Madrid and Seville. The shock waves were felt throughout Europe and North Africa, over an area of about 1,300,000 square miles. Moe than 18,000 buildings representing about 85% of the total were completely demolished. Over 30,000 people lost their lives in the first two minutes. The total death toll in Lisbon, a city of 230,000, was estimated to be about 90,000. Another 10, 000 people were killed in Morocco. The earthquake had wide-ranging effects on the lives of the populace and intelligentsia. The earthquake had struck on an important church holiday and had destroyed almost every important church in the city, causing anxiety and confusion amongst the citizens of a staunch and devout Roman Catholic city and country, which had been a major patron of the Church. The 1755 earthquake has sometimes been compared to the Holocaust as a catastrophe that transformed European culture and philosophy. The earthquake had a major impact on Portuguese politics. The king and the prime minister immediately launched efforts to rebuild the city a month after the earthquake. The Lisbon quake was redrawn, often in a fanciful manner, for many years throughout Europe. Chronologically, these depictions can be split into three groups. The first group was made immediately after the event, between 1755 and 1757. The second series is from the 18th century. The last are the illustrations for scientific or religious purposes of the 19th and early 20th centuries. The earthquake after effects were almost as catastrophic as the earthquake itself. The fires that started as a result of the quake raged uncontrollably for five days. There was a lot of confusion that followed the earthquake. Lisbon is the capital and largest city of Portugal, with a population of 564,657 within its administrative limits on a land area of 84.8 km2. Here are some natural disasters in Portugal that took place were the 2003 European heat wave, and the 2010 Madeira floods and mudslides that effected the Portuguese island of Madiera. The hurricane of Galveston September 8 1900 was the deadliest natural disaster in US history. At the end of the 19th century, Galveston, Texas was a booming city. Galveston Islands served as a base for slave trading, gambling, and saloons. The population in Galveston was around 42,000 and the biggest city in Texas. Galveston would also serve as home port to Navy ships engaged in the Texas War of Independence from Mexico. The city was in the midst of a great boom and cotton season had just begun. Galveston had become the largest cotton port in the US. Over the course of the city's existence it weathered many storms that cause an insignificant amount of damage to the city to cause concern. The citizens believed that the city had seen the worst that could happen so they didn't demand a seawall to be built and even the Galveston Weather Bureau made a statement saying that it was unnecessary because a big enough storm would never be able to reach the city. The citizens had no idea of what was to come. The Galveston hurricane was a Category 4 on the Saffir-Simpson Scale. An estimated 8,000 to 12,000 people lost their lives, mostly in the Galveston area. More than thirty-six hundred homes were destroyed and damage was estimated at over $30 million. Before the hurricane, Galveston had been home to one of the busiest ports in Texas and promised the title of the “New York of the South.” But with the storm, shippers were convinced to move north to a safer city, Houston. The land was raised about 17 feet in elevation. They pumped dredged sand beneath their foundation in an effort to raise the elevation so it would be harder for Galveston to flood. They raised over 2,100 buildings and built a sea wall along the island’s oceanfront and extended 10 miles. Historians contend that between 10,000 and 12,000 people died during the storm, at least 6,000 of them on Galveston Island. More than 3,600 homes were destroyed on Galveston Island and the added toll on commercial structures created a monetary loss of $30 million, about $700 million in today's dollars. Everything is higher than it was back then, and some spots are much higher. The feat of raising an entire city began with three engineers hired by the city in 1901 to design a means of keeping the gulf in its place. Galveston, Texas population is at about 48,000 today. In Texas a natural disaster may be a result of severe weather such as floods, tornados, hurricanes, drought, thunderstorms, winter storms and fire or less commonly from a disease epidemic. After the storm, the city languished for decades. It experienced a rebirth in the 1970s by marketing its history to tourists.
Great Chinese Famine was the period in the People's Republic of China between the years 1958 and 1961 characterized by widespread famine. Drought, poor weather, and the policies of the Communist Party of China contributed to the famine, although the relative weights of the contributions are disputed due to the Great Leap Forward. The Yellow River flooded in East China played a big role in the famine. It killed an estimated 2 million people through starvation from crop failure or drowning. It was one of the deadliest natural disasters of the 20th century. A lack of rain affected the agricultural land in northern China followed by droughts and floods. Until the early 1980s, the Chinese government's stance, reflected by the name "Three Years of Natural Disasters", was that the famine was largely a result of a series of natural disasters compounded by several planning errors. Some researchers outside China argue that massive institutional and policy changes which accompanied the Great Leap Forward were the key factors in the famine, or at least worsened nature-induced disasters. Since the 1980s official Chinese statements have said policy mistakes were part of causing the disaster, claiming that the disaster was 30% due to natural causes and 70% by mismanagement. The outcome of the famine was crop production decreased from 200 million tons, Birth rate decreased, and death rates show much more dramatic increases in a number of provinces and counties. The Great Leap Forward was initiated in 1958, after the First Five Year Plan had been declared successfully completed. One point of the Great Leap was starting to set up People's Communes in the countryside. However, the Party had optimistically over-estimated the country's productivity during the First Five Year Plan. In reality, farming activity had gone down due to the All-Canteen. The outcome of the famine was,15 million excess deaths, a part of the Great Leap Forward movement, Four Pests Campaign (worsened the famine), and Consequences were Termination of the Great Leap Forward movement. The origins of the famine can be traced to Mao Zedong's decision, supported by the leadership of China's communist party, to launch the Great Leap Forward. This mass mobilization of the country's huge population was to achieve in just a few years economic advances that took other nations many decades to accomplish.2 Mao, beholden to Stalinist ideology that stressed the key role of heavy industry, made steel production the centerpiece of this deluded effort. Instead of working in the fields, tens of millions of peasants were ordered to mine local deposits of iron ore and limestone, to cut trees for charcoal, to build simple clay furnaces, and to smelt metal. All three natural disasters had a great life-altering impact on the individuals and families fortunate enough to survive them. But the effect of natural disasters can be felt at the community, city and state level, or many times can impact an entire country. How well the impact of a disaster event is absorbed has much to do with the intensity of the impact and the level of preparedness and resilience of the subject impacted.

Read more: The Impact of Natural Disasters | eHow.com http://www.ehow.com/about_5502440_impact-natural-disasters.html#ixzz2Ru5mURsN

http://en.wikipedia.org/wiki/1755_Lisbon_earthquake http://nisee.berkeley.edu/lisbon/ http://frogdropping.hubpages.com/hub/lisbonearthquake http://www.manyanswers.co.nz/topic-disasters-in-portugal-1019.aspx Ashton, Basil, Kenneth Hill, Alan Piazza, Robin Zeitz, "Famine in China, 1958-61", Population and Development Review, Vol. 10, No. 4. (Dec., 1984), pp. 613–645.
Banister, J. "Analysis of recent data on the population of China", Population and Development, Vol.10, No.2, 1984.

Similar Documents

Free Essay

Affect of Lisbon Earthquake

...Crisis of Faith Fire has the power to consume, burn and destroy anything in its path, yet it can also be an agent of rebirth and growth, clearing a path for the new while destroying the old. The earthquake that struck Lisbon Portugal on November 1, All Saints Day, 1755 left 15,000 dead, the city destroyed and the faith of thousands of Christians in jeopardy. The resulting blaze that torched the city for a week afterwards acts as a symbol for the catalyst of the intellectual crisis that resulted. More than a thousand years of faith was called into question as intellectuals searched for a superior explanation for the disaster other than it playing a small role in Gods plan. The disaster opened the door for openly questioning God’s role in the natural world allowing for the growth of new ideas and the rejection of old and antiquated ones. In the end the earthquake in Lisbon presented such an intellectual crisis because it forced Philosophes and Theologians alike to question their own faith as well as the core beliefs that society was built upon. The sheer destruction of the event placed Theologians on the defensive as they attempted to rationalize the event while pushing Philosophes ever further from the core views of the church. While every disaster is a tragedy, the Lisbon earthquake sparked an intellectual crisis because of the disturbing nature of its destruction and the time period in which it happened. Occurring on All Saints Day 1755, disaster struck during the beginning of the...

Words: 1565 - Pages: 7

Premium Essay

The Treaty of Lisbon

...Curs 2 The Treaty of Lisbon The treaty was signed by the heads of states of government of the 27 member states in Lisbon on the 13.12.2007. It has entered into force on 1.12.2009 after being ratified by all member states. It amends the treaty on the EU and the European Community’s treaty without replacing them. The EC treaty is renamed “The treaty of the functioning of the EU”. According to the provisions of the Lisbon Treaty, the EU replaces and succeeds the community. Therefore, the following terms will no longer be used: European Community, European communities or community law. Reference will be made only to the EU and the EU law. Following the treaty of Lisbon, the articles within the treaty on EU and the EC treaty, now the treaty on the functioning of the EU, are renumbered as part of the simplification process. According to the amendments brought by the Lisbon Treaty, the EU has legal personality, and therefore it has the capacity to enter into international treaties and agreements on behalf of the member states. In addition, the 3 pillars of the EU provided by the Treaty of Maastricht are now merged, but special procedures are still maintained in the field of foreign policy, security and defense. However, reference will no longer be made to the 3 pillars of the EU. The main reforms introduced by the Treaty are as follows: * More powerful role for the EU parliament, within the European legislative process * A greater involvement of the national parliaments...

Words: 1219 - Pages: 5

Premium Essay

The Treaty of Lisbon

...The Treaty of Lisbon: An Analysis After more than 50 years of European integration, the Treaty of Lisbon is a new step forward but also a deeply contested concept. This essay begins with an overview of how the new Treaty came about and why it was seen as necessary, followed by an analysis of its new developments structured into four parts. Firstly, it considers how the LT is supposed to increase the EU’s effectiveness through more qualified majority voting, the co-decision procedure and through institutional changes including the creation of new leadingpositions.Secondly,democraticvaluesaremoreclearlydefinedandrolesof theEuropeanand national parliaments are reinforced. Thirdly, the LT has attempted to improve citizen’s rights, for example by the new citizens’ initiatives, as well as by making the Charter of Fundamental Rights legally binding. Fourthly, the LT has introduced several political changes, including more cooperation on the common foreign and security policy and how to combat external threats as a global actor with a single voice. Moreover, this essay considers how the LT differs from the Constitutional Treaty, arguing that although no longer a formal constitution, it does maintain constitutional elements. It then looks at some specific issues; in particular, whether legitimacy, transparency and accountability have been improved, and takes the view that while this is the case to some extent, there remains much room to f urther improve. Finally, it also f ocuses on the...

Words: 3778 - Pages: 16

Premium Essay

Personal Narrative-Homework

...I ended up leaving Lisbon that day without seeing what I wanted to. People have asked me "why didn't you draw attention to yourself", "why didn't you scream?", "Why didn't you take a photo of him?". I felt as though taking a photo of him would have been too obvious, the man had his hands in his pockets the entire time and easily could have been concealing a knife or a gun; screaming (most likely) isn't going to help me or anyone assisting me if there is a gun involved. Lisbon is a gorgeous city that I will be returning to time and again, I just won't be so daft as to walk around the back streets (of any city) alone and carrying so much crap on me. Portugal has a relatively low rate of violent crime, however, low-level street crime is common in Lisbon and the central, touristy districts of Alfama, Baixa, Bairro Alto and Belém are all hotspots. Later in the evening at dinner, adding to the events of the day, I discovered that my best friends brother had ended up finding the street art location I had been looking for, stumbling across quite a bit of art throughout his wander through the city. Armed with his vague, yet, correct...

Words: 929 - Pages: 4

Free Essay

Visiting Lisboa

...the sailors it was the last sight of their homeland. It was a starting point for Vasco da Gama and his crewmen on their way to India. It is a monument to Portugal's Age of Discovery, often serving as a symbol of the country, and UNESCO has listed it as a World Heritage monument.  Opening Hours October to May From 10.00 a.m. to 5.30 p.m. (last admission at 5.00 p.m.)  How to Get There Where: Avenida da India, Belem. City bus lines: 727, 28, 729, 714 and 751 Tram: 15 Suburban train: Belém station Ferry: Belém Ferry station  Tickets Individual ticket: €6 Student Card: 50% discount 2. Padrão dos Descobrimentos - is a monument on the northern bank of the Tagus River estuary, in the civil parish of Santa Maria de Belém, Lisbon. Located along the river where ships departed to explore and trade with India and Orient, the monument celebrates the Portuguese Age of Discovery (or Age of Exploration) during the 15th and 16th centuries.  Opening Hours Winter Schedule October to February 10am - 6pm | Tuesday to Sunday Last Admissions: 5:30pm  How to Get There City bus lines: 727, 728, 729, 714 and 751 Tram 15 Suburban train: Belém station Pedestrian Tunnels: next to CCB Footbridges: next to Belem Station and to Torre de Belém  Tickets Regular ticket 4,00€ 3. The Jeronimos Monastery - the most impressive symbol of Portugal's power and wealth during the Age of Discovery. King Manuel I built it in 1502 on the site of a hermitage founded by Prince Henry...

Words: 463 - Pages: 2

Premium Essay

Candid

...Joshua Ezewuxie Candide set 2 * In the beginning of chapter the 12, the old women continues her story about the eunuch who attempted to rape her but enjoyed his company for the time being. In her thoughts of suicide she never mentioned a religious reason for not committing suicide but for the simple fact she loved life. “I have been a hundred times upon the point of killing myself, but still I was fond of life.” The satire I see in here, is how Voltaire uses the story of her life to explain her misery compared to the few people she knew who ended their misery on their own. Her philosophy explained her curiosity as to what makes the people want to live even though life is often a curse. In the end of the chapter she advises Cunegonde and Candide to ask each of the passengers on the ship to tell their story, every single one of them has been through misery and pain but still alive. “Therefore take my advice: divert yourself, and prevail upon each passenger to tell his story.” 4. In these two chapters, Candide is holding on to the love he has for Cunegund. This is what is helping him have hope throughout the journey, maintain a positive attitude. “Candide, however, had one advantage over Martin: he lived in the pleasing hopes of seeing Miss Cunegund once more.” As martin continues with his negativity about the world and God, Candid still believes there is some good in this world and there is hope. The negativity Martin has for the world and God is quite understandable...

Words: 492 - Pages: 2

Premium Essay

Candide

...Professor Japola Hum 112 May 1, 2015 Candide Francois-Marie Arouet (1694-1778) was a great philosopher more famously known as Voltaire. He was born in Paris, France in November 1694. He died in Paris eighty-three years later. He lived during the eighteenth century in a country town in Cirey. Voltaire was imprisoned and exiled for ridiculing the great leaders of the French court. He was famous for writing books and poetry. He wrote his most famous book titled “Candide, or Optimism” in 1758. This is a brief summary of Dr. Pangloss surprising beliefs. The passage reveals Candide and his philosophical mentor Dr. Pangloss’s reaction after escaping death. The elders of Lisbon decided to sacrifice a few people in order to prevent further earthquakes and destruction from happening in the town. The elders had a grand ceremony in which they burnt a few townspeople and hung Dr. Pangloss while Candide watched in fear. Dr. Pangloss taught Candide to believe no matter what happens to you in life it is good for you. After watching the people being burnt and Dr. Pangloss being hung, Candide began to wonder if this is the best of all possible worlds, where are the others? Candide was happy as well as confused to see Dr. Pangloss alive a well again. Dr. Pangloss told Candide the story how he was cut open by a surgeon, beat on the head by the surgeons wife because she thought he was the devil lying on the table, stitched...

Words: 408 - Pages: 2

Free Essay

Essay Descriptive

...Name: Nicolas Nicolaci Class: Academic Writing for Non-Native Speakers 19, September 2013 The historical turn The evening of December 20th of 2000, it was the finals last game of the year, Vasco da Gama against Palmeiras, both Teams were good they played the first game in Rio de Janeiro and they tied 0 x 0 was a nice game both teams nervous they didn’t give space for the other team to attack, they were guarding for the second game. In the second game I was in my house with all my family eating barbecue and we were waiting for the game was the last game of the year and Vasco had a good chance to be the champion and all of the other teams were cheering against Vasco da Gama, people were yelling out the window in that day Brazil stopped to watch the match, which at that time I was 8 years old already played soccer and understand what it was soccer and was fanatical supporter of Vasco da Gama and was eagerly waiting for the match start. The match started, the stadium in Sao Paulo was Full almost ninety thousand people in there. Willing that in my home I was biting my nails. Palmeiras was pressing the entire first period on the game, they did not stop to run and Vasco only defending himself, but Vasco had an awesome goalkeeper who was saving the team, and when the thirty eight minutes of the first period defender Junior Baiano put his hand on the ball, penalty for Palmeiras. Tuta kicked and scored the first goal for Palmeiras, everyone in my house were devastated thinking...

Words: 613 - Pages: 3

Free Essay

Czxczxcxc

...文化局舉行國際音樂節今年已經是第二十九屆,請問你對今年活動安排的滿意程度是多少? The 29th Macao International Music Festival has been held, how satisfaction did you feel for the arrangement of the events in this year? * 除了國際音樂節,文化局每年也會舉行澳門藝術節,請問你對今年活動安排的滿意程度是多少? Besides International Music Festival, every year Macao Arts Festival will be held as well, so how satisfaction did you feel for the arrangement of the events in this year? * The 29th Macao International Music Festival ticket sales reached 90% which means the participation of Macau citizens is high, do you know much things about the event? * 這表示今年市民對MIMF的參與度很高,請問你對今年MIMF的活動了解嗎? * 你對文化局的方便程度你會給多少分? (包括:服務時間,服務地點,聯絡方法) How would you grade the convenience of Macau Cultural institution provides? (include: Office hours, office location and contact) * 你對文化局的環境設備你會給多少分? (包括:舒適程度,設施配置) What would you grade the environmental facilities of Macau Cultural institution? (include: Comfortability, facilities setting * 你對上一屆的澳門拉丁城區幻彩大巡遊的交通處理安排的滿意程度是多少? During The “Parade through Macao, Latin City, how did you feel about the traffic arrangement? * 這幾年文化局一直在推廣藝術,文化等活動,你覺得成效如何? In recent year, Macau Cultural institution has been promoting art and cultural, what do you think about the effect? * 你對文化局在澳門文化遺產保護方面的滿意程度是多少? * How would you grade the protection to the historical heritage which the Macau Cultural institution has provided? * 2015年初,特區政府提出將活化前愛都酒店,以作為牽頭帶動周邊區域形成一集文教、藝術等。你對這件事的看法是? 愛都酒店: Hotel Estoril e Piscina Municipal ...

Words: 252 - Pages: 2

Premium Essay

The Politics of Tiredness in Malta

...No doubt the compilers of the book on Malta’s educational system and the targets set by the EU’s Lisbon strategy, The Lisbon Objectives and Maltese education provision, thought the publication would be a good idea. Scholarly presentations about aspects of local education were given at a conference held last year, and then reproduced in a well packaged format. Only, the effort seems to totally ignore the reality. On most relevant targets within the Lisbon strategy, we come well down the list, if not bottom, among the EU’s member states. Thus, Malta is in bottom place regarding programmes to improve the skills of young people aged between 20 and 24 who have finished secondary education. We are in bottom place in the league of countries whose young people aged between 20 and 24 have completed higher secondary studies. And, contrary to Lisbon’s targets, the number of students graduating in science is declining. It is difficult to understand how such a book comes to be produced by the Education Ministry – without at least some form of critical back-up – at a time when we need to reflect deeply, and in a genuine way, about the failure that benchmarking on the Lisbon gauge renders so evident. Staged affairs Similarly, one could take stock of a recent event at Castille, that was projected as a ground-breaking exercise by the powers-that-be. Prime Minister Gonzi, we were told, would, alongside his ministers, meet members of the public and discuss with them issues that they...

Words: 2231 - Pages: 9

Premium Essay

Eurozone

...The Potential Twilight of the European Union Charles A. Kupchan INTRODUCTION The European Union’s (EU) trillion-dollar loan package succeeded in quelling the financial maelstrom spawned by Greek debt. Nonetheless, the financial crisis has taken a painful toll on many EU members, and high national debts and the uncertain health of the continent’s banks may mean more trouble ahead. Although these economic woes have of late captured the headlines, they pale in comparison with a more serious malady: Europe’s historic experiment in political union is faltering. As the poisonous politics that delayed the EU’s rescue of the eurozone revealed, Europe is experiencing a renationalization of political life. The project of European integration, which has steadily advanced since the bitter years after World War II, has been thrown into reverse as its members claw back from the union the traditional powers of national sovereignty. And the causes run much deeper than the ongoing financial crisis, suggesting they are here to stay. Generational change, a backlash against globalization, and the absence of a compelling vision of Europe’s place in the world may well mean that the European Union is running out of steam. The EU’s uncertain future has enormous stakes for Americans as well as Europeans. Europe remains the United States’ go-to partner on every front—from stewardship of the global economy to curbing global warming to bringing stability to Afghanistan. With U.S. debt soaring...

Words: 1758 - Pages: 8

Premium Essay

Development of European Unin

...The development of the European Union was due to the travesties left behind via World war one initially, which resulted in the treaty of Versailles (1919) and was a peace settlement, signed only a year after the first world war, in an attempt to not only hold Germany and her allies to ransom but responsible, weak, in check and to punish them financially. The anger and resentment that built up in Nazi Germany as a result of the heavily imposed precautions set in the treaty of Versailles 1919 was part of the long term cause, which directly contributed to the cause of the second world war, short term causes such as Austria and Czechoslovakia in the 1930 also had a hand. Europe was crushed, due to these events as those involved underwent fatalities way beyond anything ever imagined So the need to prevent any further atrocities was seen as important so binding Germany's coal and steel industry (the strength of its war machines), into an economic and political alliance. Was of major importance The Soviet Union also a concern due to occupancy of the former East Germany, Eastern and Central Europe, urged Western European and America to come together and form NATO (North Atlantic Treaty Organisation) 1949, the former West Germany, joined Nato in October 1954 and along with others received millions of dollars, under the marshal plan to support economic recovery. Restricting Germany’s and France coal and steel was a sure fire way to encourage a plan, much than before, to give...

Words: 2112 - Pages: 9

Premium Essay

Turkish Foreign Policy

...Treaties are amended to make the EU more efficient and transparent, to prepare for new member countries and to introduce new areas of cooperation – such as the single currency. Under the treaties, EU institutions can adopt legislation, which the member countries then implement. The complete texts of treaties, legislation, case law and legislative proposals can be viewed using the EUR-Lex database of EU law. The main treaties are: Treaty of Lisbon (2009) Purpose: to make the EU more democratic, more efficient and better able to address global problems, such as climate change, with one voice. Main changes: more power for the European Parliament, change of voting procedures in the Council, citizens' initiative, a permanent president of the European Council, a new High Representative for Foreign Affairs, a new EU diplomatic service. The Lisbon treaty clarifies which powers: * belong to the EU * belong to EU member countries * are shared. The Treaty establishing a constitution for Europe (2004) – with aims similar to the Lisbon Treaty – was signed but never ratified. Treaty of Nice (2003) Purpose: to reform the institutions so that the EU could function efficiently after reaching 25 member countries. Main changes: methods for changing the composition of the Commission and redefining the...

Words: 1627 - Pages: 7

Premium Essay

Eu Together and Apart

...future conflict. Starting in 1951, six nations, less Churchill’s England, began the process of creating a union: a union that would reject Churchill’s idea in part. The founding states would join together, but not as a federation subsuming state sovereignty under a supranational organization; rather, they formed a union of sovereign states. Since 1993, when the Treaty of Maastricht (also known as the Treaty of the European Union (EU)) came into effect, the question over how far the EU will integrate remains. This paper will evaluate the EU integration process in the postMaastricht era with a focus on the failure to pass a constitution in 2005 even though ideas contained in the draft constitution were accepted four years later in the Treaty of Lisbon. It will be argued that the EU members have chosen to curtail supranational organization in favor of protecting state sovereignty. Moving together: the Maastricht Treaty, 1993 The formation of the European Coal and Steel Committee in 1951 preserved each of the six-member state’s ability to have control over its laws and people, or sovereignty. Integrationists, politicians who wanted a federal form of government lost out to nationalists, those who wanted to protect their own states from a federal union. Thus, integration was limited to economic issues for which the states could “achieve limited and specific results” (George, Frantz, and Birmele1997, 116). According to Boyka Stefanova (2005) the concept of integration contains a key contradiction...

Words: 1306 - Pages: 6

Premium Essay

Economy

...ER E N U OP A E CON OMY E o o cP p r 3 1 Mac 2 0 c n mi a es 1 | rh 0 8 E o o c o en n ena e l gde r ae cn mig vra c i n na e uo ra r Ii B g a eg n E R P A C MMISO U OEN O S IN EMU@10 Research In May 2008, it will be ten years since the final decision to move to the third and final stage of Economic and Monetary Union (EMU), and the decision on which countries would be the first to introduce the euro. To mark this anniversary, the Commission is undertaking a strategic review of EMU. This paper constitutes part of the research that was either conducted or financed by the Commission as source material for the review. Economic Papers are written by the Staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and to seek comments and suggestions for further analysis. The views expressed are the author’s alone and do not necessarily correspond to those of the European Commission. Comments and enquiries should be addressed to: European Commission Directorate-General for Economic and Financial Affairs Publications B-1049 Brussels Belgium E-mail: Ecfin-Info@ec.europa.eu This paper exists in English only and can be downloaded from the website http://ec.europa.eu/economy_finance/publications A great deal of additional information is available on the Internet. It can be accessed through the Europa server (http://europa.eu) ...

Words: 17662 - Pages: 71