Macro region building has found its greatest expression in the supranational project that has occurred in Europe since the end of the Second World War. This project has evolved from one aimed at promoting economic cooperation, free trade and employment growth among Western European states in the 1950s, to a complicated form of political, economic and monetary union in the 2000s that also incorporates former communist states in Central and Eastern Europe. The European project has simultaneously been a response to, and shaper of globalization. Macro region building in Europe has had a varied and chequered history. In its formative years emphasis was on the peace potential deriving from trade and economic cooperation, with the six signatory countries dismantling a range of barriers to trade in particular sectors. Enlargement of the project from the 1970s began to expose clear differences of political emphasis and support for further integration among its members. The 1980s witnessed a response by the European Communities to global economic challenges, particularly the growth of Southeast Asian economies. This resulted in a drive by some states for closer politico-economic integration in Europe buttressed by monetary policies and strengthened European institutions. During this period the European Union sought to protect its economy from outside competition whilst attempting to exert a global role and presence. The global financial crisis of 2008 unleashed destructive pressures on macro region building in Europe, leading to growing public disenchantment with the scope and direction of integration and increased demands for either the scaling back, or disengagement from the supranational project as in the UK.
You are not authenticated to view the full text of this chapter or article.
Get access to the full article by using one of the access options below.