Essay on Regional Integration Ireland and the European Union

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David Gregory Buetow

Regional Integration Ireland and the European Union First let us look at (regional economic integration). The (REI) “Agreements among countries in a geographic region are to reduce and ultimately remove tariff and nontariff barriers to the free flow of goods, services, and factors of production between each other”(allvoslog 2009) Pro Integration for Ireland Irelands experience with regional integration is the history of the involvement between Ireland and the E.U. In January of 1973 Ireland joined the EEC and participated in all the economic, monetary, and social programs. Many of the programs that came about by the integration are; common agricultural policies break with estg 1979, European social …show more content…
Unemployment is on the rise again, in part, because of government cutbacks as the leaders try to contain a budget deficit projected to run at 14.3% of gross domestic product this year. Credit remains strained amid Ireland's “ongoing attempts to transfer more than 80 billion euro in toxic property-related debts to a new state-run” (USA TODAY) "bad bank." The difficulty of loss-making businesses to continue borrowing money has produced a surge in closures over the past year. A leading Irish insolvency law firm, Cavanaugh Fennell, reported in 2010 that 652 businesses have shut down this year, including 112 last month. “The firm said closures were running 25% higher than in the same period of 2009. The hardest-hit sectors have been construction, hospitality, manufacturing and car sales” (USA TODAY). How does all of this really apply to the Anti Integration of Ireland and the E.U? opening boarders to other nations domestic and foreign can create a severe strain on local business, “mom and Pop” shops if you will, when a wood worker from Greece, creates a more magnificent piece and sells it for far less due to his ample employee staff that works well and cheep this Irish citizen is to suffer a loss in customer base, along with the newly threaded fear of falling into that line where
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