The Political Economy of the European Union

The political economy of the European Union (EU) examines how economic policies and political decisions interact among member countries. It focuses on how the EU promotes trade, regulates markets, and ensures economic stability through shared policies and governance. This integration aims to foster economic growth, reduce disparities, and strengthen cooperation among diverse nations. The EU's common currency, the euro, and regulations impacting businesses are key components. Overall, the political economy of the EU seeks to create a cohesive, prosperous union while balancing national interests with collective goals.