British Politics and the European Union Essay Example | Topics and Well Written Essays - 1750 words

British Politics and the European Union - Essay Example As observed by Scheffler (2008: 37), the media has been given whole opportunity to highlight the weaknesses of European Union and as a result, the sense of skepticism has continued to deepen. This has also resulted into the deepening of the differences between the parties in the integration and hence resulting into a more sophisticated debate on the merits of the integration. This is believed to be one of the reasons that have shaped the British approach to Europe which is important as well before one can describe British as an awkward partner in the union (Bache & Jordan, 2006:4). However, these are failures of the government and do not justify the British awkwardness with respect to the affairs of the integration. As stated by Booker & Richard (2003:174), however, all independent nations would want to benefit from all the economic integrations tat they are engaged in and hence would participate in the affairs of such integrations if they benefit. Lack of favoritism policies of the European Union is therefore perceived as a reason for awkwardness.However, as stated by Bache & Jordan (2006:5), the late membership of Britain to the European Union must have cost the nation greatly. Since Britain joined the European Union late after other members states had joined and set rules and regulations, some politicians have argued that the rules were set in favor of the existing members. As a result, Britain has not benefited much from the joining of the integration (2006:5).... dent nations would want to benefit from all the economic integrations tat they are engaged in and hence would participate in the affairs of such integrations if they benefit. Lack of favoritism policies of the European Union is therefore perceived as a reason for awkwardness. However, as stated by Bache & Jordan (2006:5), the late membership of Britain to the European Union must have cost the nation greatly. Since Britain joined the European Union late after other members states had joined and set rules and regulations, some politicians have argued that the rules were set in favor of the existing members. As a result, Britain has not benefited much from the joining of the integration. This means that the policies and regulations of the integration do not benefit the nation. The rules that were set in favor of the founding members states therefore presents a technical constraint to Britain and hence presents it as an awkward member. This reflects the fact that the political practices as well as the constitutional attitudes of the founders of the European Union are different from those that the United Kingdom was accustomed. The relationship between the integration and the United Kingdom is therefore very difficult as the nations and the Union’s policies and constitutions are not homogenous. The differences in the constitution have therefore presented difficulties with regard to the United Kingdom’s relation to the integration. For example, the basis of the European Union is the separation of the powers of institutions as well as political coalitions unlike the British’s emphasis on centralized state, an adversarial â€Å"winner take all† as a style of party politics and the informal constitution. In this context, it is difficult for the nation to benefit adequately

The Effects of Fiscal Policy (An increase in Government Purchase Essay

The Effects of Fiscal Policy (An increase in Government Purchase - Essay Example Although this practice exposes the government to significant economic management challenges from the monetarists view, it is sometimes a preferable interventionary measure. Expansionary economic policy by the government increased expenditure also captures the issue of unemployment since it leads to increased employment. The ensuing effect is inflation which is a function of interest rate. Mankiw debates on the concept of saving as the opposite of investment and all are functions of interest rate (Mankiw 73). Fiscal policy generally leads to inflation and this significantly affects investment. The better part of the population would therefore rather save in expectation of future economic stability and increased value for their money so that they may invest. It is also worth to note that government expenditure affects interest rate and consumption in the same direction. Consumption is a function of disposable income hence by United Kingdom government increasing its expenditure, more di sposable income will raise the level of consumption with little saving. A critical analysis of the case of UK indicates that informed economic policies that have propelled it from the period of industrial revolution, through the two world wars to date are basically based on a blend of fiscal and monetary