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Comparative Analysis of Integration Levels in EU and SADC

   

Added on  2023-06-04

14 Pages4898 Words57 Views
Advanced Legal
Systems

Table of Contents
INTRODUCTION ..........................................................................................................................4
TASK ..............................................................................................................................................4
‘The European Union is the most successful regional trade bloc in the world, but its greatest
success, its Single Market, could not have been achieved without the willingness of its
member states to share their powers on key issues’. ..................................................................4
Using the European Union as the basis for comparative analysis, select another regional trade
bloc, and critically evaluate the level of integration it has achieved. You should also highlight
any barriers to securing the level of integration required to create a single market like the
European Union’s.......................................................................................................................8
CONCLUSION .............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Legal system is the procedure or process through which through which law can be
enforced and interpreted in such a way that it is able to analyse the different aspects of law.
There are different types of legal system that fits in different categories such as common law,
civil law, religious law, customary law and even the mixed systems. The legal system is mainly
conducted in order to maintain the law and order in country with rights provided to people within
the society. The European Union EU has its own separate legal system which means it is
separate from the international law. There is a direct or may be an indirect control on the laws of
member states. The EU is part of the legal system of each of its member states and can also be
considered as a source of law in itself as it has its own separate legal system. There are four main
institutions of European union which are European Parliament, European Commission, Council
of European Union and Court of Justice of the European Union. The law of EU is enforced
through the European Commission where it mainly implements law on employment and
industrial relations in order to take legal form especially of the Directives. This report will cover
the most successful trade bloc in the world which is European power and will deeply analyse the
level of integration in order to create a single market which is same as European Union.
TASK
‘The European Union is the most successful regional trade bloc in the world, but its greatest
success, its Single Market, could not have been achieved without the willingness of its
member states to share their powers on key issues’.
EU is the largest trade bloc in the world and is also one of the biggest exporter of goods
and services that are manufactured by them and even has even spread in hundreds of countries by
being the biggest importer in importing goods and services in the market. The economic growth
of the country is developed or enhanced through the alliance of countries of Europe that is
developed through currency and shared market of Europe1. The main economic engine of EU is
the single market where it able to freely move its goods , services, people and money in a very
convenient manner. European Union is one of the biggest and largest single market in the world
1 Bin Sheng and Chenxin Jin, 'An Evaluation Of The Regional Comprehensive Economic
Partnership Agreement: Market Access And Trading Rules' (2022) 30 China &
World Economy.

as it is also the most outward oriented economies in the world. The most important founding
principle of EU is to allow free trade among its members in order to open to commitment of free
trade all over the world. In context to international investments, the European Union is ranked
first in relation to its inbound and outbound investments all over the world. It is also very
successful as it is one of the top trading partners among hundreds of countries. The reason of
major success of European Union is the aspect of being biggest exporter in the world with
biggest import market in almost hundreds of countries2. The main purpose of European Union is
to secure the well being of its citizens by promoting peace, security in the country. It mainly
aims to secure the freedom and justice of its citizens with regulation of external borders in order
to prevent the crimes and offences committed within the country.
The single market of Europe is one of the biggest achievements of European Union as it has
helped in multiplying and developing the economic growth with smoothening of process of trade
for the consumers in application of daily conduct of business in the country. The biggest and
largest trading bloc in the world is Regional Comprehensive Economic Partnership (RECP) with
the biggest free trade deal in world. The plan of European Commission is to analyse the overall
potential of single market with application of a single market strategy in order to enable the
citizens of Europe to trade, work, travel and live freely all over the country 3. The adoption of
single market act or strategy has helped in bringing various incredible benefits and developments
that has made the life of citizens much easier through it free movement of services, goods and
capital all over the region of Europe. The citizens are able to conduct their business or trade in a
very smooth and easy manner with the adoption of single market strategy. The European single
market is considered to be good and beneficial as it is a single market that is without any borders
and has allowed the citizens to do commercialise their business and trade in a smooth and easy
manner. The single market of Europe has also helped in removing various legal, technical and
2 D.Ya. Hench, 'NATO Bloc Policy In EU Countries' (2019) 5 Contemporary problems of
social work.
3 G. Zorin, 'Single Market: EU And EAEU Experience' [2020] Mezhdunarodnaja
jekonomika (The World Economics).

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