Difference between revisions of "The Gilded Cage"
Jump to navigation
Jump to search
| Line 9: | Line 9: | ||
Since then, EU's economy is stable and the political environment is progressive, but the growth is not significant to crow about. | Since then, EU's economy is stable and the political environment is progressive, but the growth is not significant to crow about. | ||
=Background Information= | |||
= | <h2 style="background-color: #F5F9FA; border-left:1px solid #AAAAAA;border-right:1px solid #AAAAAA; padding-left: 10px;">Slow Growth </h2> | ||
= | <h2 style="background-color: #F5F9FA; border-left:1px solid #AAAAAA;border-right:1px solid #AAAAAA; padding-left: 10px;">Slow Decline </h2> | ||
= | <h2 style="background-color: #F5F9FA; border-left:1px solid #AAAAAA;border-right:1px solid #AAAAAA; padding-left: 10px;">Progressive Political Climate </h2> | ||
==Conclusion== | ==Conclusion== | ||
Revision as of 20:18, 2 October 2009
The scenario
The year is 2030 and the EU was able to create a unique identity for all its residents. Though the EU has succeeded in integrating its member states and keeping its membership intact, it is a far cry from the economic and political progress that its creators had envisaged.
The 2009 financial crisis rocked the EU economy, which was till then growing and stable.
The growth of the emergent economies of BRIICS (Brazil, Russia, India, Indonesia, China & South Africa) shifted the global focus from EU to these new regions. The EU at this point held lesser significance than the fast developing countries.
Since then, EU's economy is stable and the political environment is progressive, but the growth is not significant to crow about.