The long march to a revolution
Article Abstract:
The European Community (EC) owes its existence to the vision and untiring efforts of French economist and statesman Jean Monnet. Monnet, together with then French foreign minister Robert Schuman, worked for the expansion of the European Coal and Steel Community to include all other industries as well. The foreign ministers of Belgium, France, Italy, Luxembourg, the Netherlands, and West Germany began planning the creation of a European Economic Community that led to the signing of the Treaty of Rome in 1957. The goal of the treaty was to achieve economic and social progress through common action. Through the years, the Community has seen many changes, including an increase in membership, the creation of the European Parliament, the establishment of the European Monetary System, and most importantly, the passing of the Single European Act in 1985 to pave the way for a single European Market in 1993.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1992
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Just like old times
Article Abstract:
Foreign direct investment has played a major role in the modernization of Spanish business and industry consequently serving as a major force for economic development in the country. Foreign investors have been lured by the high return on investment offered by Spain due mainly to low wage rates. The biggest investor in Spain among members of the European Community are the UK, followed by France and the Netherlands. One foreign company that has contributed to the improvement of service quality in Spanish business and industry is the UK distributor McGregor Cory. Its importation of equipment and methods, considered the norm for delivery systems in northern Europe, has raised the promptness of product deliveries to a 95% level from the 50% level considered acceptable by Spanish forwarders.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1992
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Much ado about nothing
Article Abstract:
The European Community's Social Charter was drawn up in response to accusations that the internal market was much too preoccupied with the demands of big business. The charter was adopted by all EC members, with the exception of the UK, which protested against the harmonization of the rights of workers in the free market. The Social Charter is not legally binding, and many consider it as nothing more than a document committing the EC to the upholding of idealistic generalities on 'fundamental social rights.' The only notable element of the charter is the Social Action Program that offers guidelines and regulations on health and safety, working hours, workers' rights, and sexual equity in the workplace.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1992
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