This authoritative volume traces the creation and development of
the EEC as an institution and assesses its impact on the economic
development of Europe and the policy areas under its control. The
book includes a thorough discussion of the background and origins
of the European Economic Community. In the early years of post-war
Europe, the continuous search for a multilateral commercial
agreement resulted in various plans for European commercial
cooperation. These schemes were proposed less in a desire for
European integration and supranational institutions, than in
response to real economic problems and were the precursors to the
formation of the EEC. The next section investigates the process of
creating the EEC including the road to integration of the major
founding members, and the attitude of the United States to European
integration. Finally, it discusses the economic development of the
EEC since 1957. It explores major themes including the impact of
the Community on trade and agriculture and on competition and
financial policy, as well as the effects of its own enlargement.
The study ends with the steps towards closer union embodied in the
Treaty of Maastricht, which signalled the transformation of the
European Economic Community into the European Union.
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