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TheEuropeanUnion,
headquarteredinBrussels,
itdevelopsbyEuropeancommunity.Ithas6initial
members
,they
wereFrance,
theFederalRepublicofGermany,
Italy,
Holland,
BelgiumandLuxemburg.
The
Union
has28MemberStates,
thereare24
official
language.Theeuroisthe
currencyinthe
18
countriesoftheEuropeanunion.
InJanuary1,1999
theimplementationofunified
monetarypolicyintheimplementationof
the
EUcountries
in
theeuro.
In
2002,
July,
theeurobecame
theonlylegal
currencyineuro
zone.EuroismanagedbyEuropeanCentralBankandEuropeanSystemofCentralBanksLuxemburg
islocatedinnorthwestern
Europe,
neighboringFrance,
GermanyandBelgium,
it
is
theonlyGrandDuchyofcontinentalinEurope.
thecapital
cityisLuxemburg.locationEconomyLuxemburg
percapitaGDP
formanyyears
intheforefrontoftheworld,
non
intensive
labor
industries
hasapowerfulimpetus
tothenationaleconomy.
Amongthem,
thefinancialindustry,
ironandsteelindustry
and
radioandTVindustryis
thethreepillar
oftheLuxemburgeconomy.
FranceLocationFranceisthelargestcountryinWesternEurope(aboutone-fifthofEU’sarea),withthevastwaters.Trilateralterrestrialself-northeasttosouthwestwithatotalofeightnationalborders,whichareBelgium,Luxembourg,Germany,Switzerland,Italy,Monaco,SpainandAndorra.NorthwestacrossLaMancheandacrosstheUK,theNorthSea,theEnglishChannel,theAtlanticOceanandtheMediterraneanSea.1.ThefarmingandanimalhusbandryFranceistheEuropeanUnion'sbiggestagriculturalproducer,isalsotheworld'sleadingexporterofagriculturalandsidelineproducts.Foodproductionaccountsforone-thirdoftheEuropeanfoodproduction,agriculturalexportsrankingsecondintheworld,aftertheUnitedStates.ItistheleadingproducerandexporteroffarmproductsinEurope.Francedoes66%ofitstradewithitsEuropeanUnionpartners(50%withintheeuroarea).CommonAgriculturePolicyWhyCommonAgriculturalPolicyfortheFrenchagriculturehasbroughtsignificantimpact.Theagriculturalcommoditypricesimprovedtovaryingdegrees.TomakeFrancegetgreatbenefitsfromtheEuropeanAgriculturalFund.TheimplementationoftheCommonAgriculturalPolicy,tostabilizethepoliticalsituationinFrance,maintainingthesmallfarmerincomes,enhancetheFrenchinfluenceintheEuropeanCommunity,Francehasanimportantpoliticalsignificance.WineIndustry2.IndustryPerfumeindustryFranceisthelargestcountryintheworldtourists.France'stourismrevenue,rankingthirdintheworld,aftertheUnitedStatesandItaly.3.Tourism.4.ForeignDirectInvestment
Department
offoreigninvestment
inFrance
isrelativelyconcentrated,including
holdingcompanies,
thefinancialsector
(banking
andinsuranceinstitutions),business,information,
Electricity,Gas,transportequipment,chemicalsandother
sectors.Regionaldistributionof
investment
ismainly
concentratedinthe
EUcountriesand
NorthAmerica.
Foreigninvestment
is
thelargestcountryin
theUnitedStates,Belgium,Britain,theNetherlands,
Germany,France
majorinvestment
centerswithin
theEU.ItalyOverviewofEconomyItalyisthesecond-largestmanufacturingcountryin
EU,andfifth-largestintheworld,behind
UnitedStates,
China,
Japan
andGermany.
It'sthethird-largesteconomyinthe
eurozone
andthe
tenth-largesteconomyintheworld.
ItisafoundingmemberoftheG7,
G8,the
Eurozone
andthe
OECD.TheEconomybeforeJoiningTheEU(Before1957)——“Italianeconomicmiracle”Itisthenameoftenusedbyhistorians,economistsandmassmediatodesignatetheprolongedperiodofsustainedeconomicgrowthin
Italycomprisedbetweentheendofthe
SecondWorldWarandlate1960s,andinparticulartheyears1950-63.Aftertheendof
WorldWarII,Italywasinrubbleandoccupiedbyforeignarmies,aconditionthatworsenedthechronicdevelopmentgaptowardsthemoreadvancedEuropeaneconomies.However,Italybenefitedfromthe
MarshallPlan,receiving$1,500millionfrom1948to1952.
TheendofthePlan,thatcouldhavestoppedtherecovery,coincidedwiththecrucialpointofthe
KoreaWar
(1950–1953),whosedemandformetalandothermanufacturedproductswasafurtherstimulustothegrowthofeverykindofindustryinItaly.TheEconomyafterJoiningtheEU(After1957)Thecreationin1957ofthe
EuropeanCommonMarket,ofwhichItalywasamongthefoundermembers,providedmoreinvestmentsandeasedexports.Theabovementionedhighlyfavorablehistoricalbackgrounds,combinedwiththepresenceofalargeandcheapstockoflabourforce,laidthefoundationsofaspectaculareconomicgrowth.
1964-1973TheItalianeconomyexperiencedanaveragerateofgrowthof
GDP
of
5.0%peryearbetween1964-1973.Italianratesofgrowthweresecondonly,butveryclose,tothe
German
rates,inEurope,andamongthe
OEECcountriesonly
behindtheJapan.Economy(Atpresent)AlthoughtheeconomicsituationoftheItalyisnotasgoodasitwasduringthetimewhenitjustjoinedtheEU,theItalianproductsintheworldstillhasstrongcompetitiveness.Exportcoversawiderangeofcommodities.Suchusmechanicalequipment,automobile,processedagriculturalproducts,steel,householdappliances,clothing,shoes,preciousmetalsandothermanufacturedgoods.Italyisoneofthetoptenforeigntradecountriesaroundtheworld,whoseimportandexportarerankingstablyseventhoreighthintheworld.
In2011,theexportsofgoodsandservicesreached375.719billioneuros.Atthesametime,importswere400.052billioneuros.Thetotaltradevolumeofworldtradetotalwas3%~3.5%.TheFederalRepublicofGermanyisoneoftheworld'sleadingindustrialisedcountries.LocatedinCentralEurope.AnditisafoundingmemberoftheEuropeanUnion.ItistheEuropeanUnion'smostpopulousandmosteconomicallypowerfulmemberstate.Germany
In2009,Europeandebtcrisisbrokeout.Europeisgoingthroughahardtime:Ireland,Spain,Portugal,GreecehavecallingforhelpfromallEUcountriestryingtorevivethereeconomy,buthowdoesGermanykeepsitseconomysteadilygoingupyearbyyear?WhatstrategydoesituseforitsownadvantagewhenotherEurocountriesareintrouble?WhatroledoesitplayinthecentralEurope?Political:Internationaltradeisessentialforeverycountry.Globalizationistheresultoftheincreasingtradeactivitiesamongnations.Thus,governmentregulationsontradeisveryimportanttohavethecountry'seconomyincontrol.inordertoavoidunexpectedfinancialcrisis,Germanymadegovernmentregulationsonvariesaspectssuchasimportrestrictions,taxcontrolsandlabourrestrictions.Oneofthemostimportantsectorsforacountry'seconomydevelopmentistheglobaltrade.GermanyhasdoneaparticulargoodjobcomparedtootherEuropeanscountries.IthasmaintainedagoodrelationshipwithBRIC(Brazil,Russia,IndiaandChina)byprovidingadvancedtechnologytotheirmanufactures.Economicenvironment:Differentculturecanaffectthewaypeopledobusiness.Germansarefamousfortheirintegrity,precisenessandformality.Germansarestronglyindividualistic;Theirthoughtprocessisextremelythorough,witheachaspectofaprojectbeingexaminedingreatdetail.PunctualityisnecessityinGermany.Arriveontimeforeveryappointment,whetherforbusinessorsocial.Beinglate,evenifforonlyafewminutes,isveryinsultingtoaGermanexecutive.Social-culturalenvironment:SiemensAGisaGermanengineeringconglomerate,thelargestofitskindinEurope.Thecompanyhasthreemainbusinesssectors:Industry,Energy,andHealthcare.TheproductionsincludemanufacturingIT,IndustrialgoodsTelecommunications,Transportation,ControlSystemsHealthcare,Energy,etc.InnovationhasalwaysbeenoneofthemostimportantelementsinSiemens’businessstrategy.Innovationshelptocutcosts,increasesalesandachievehigherearnings.SiemensAG:EuropeanUniontiedEuropeancountriestogetherineconomy;it
bringsmoreflexibilitybutdependencywitheachotheraswell.Germanywill
havetolearntoworkwithothercountriesformutualmaximumprofitsandprepare
foranychangesintheregulationsofEU.EuropeanUnion&Germany:Belgium比利時
OverviewofEconomy
·Belgium'sstronglyglobalizedeconomyanditstransportinfrastructureareintegratedwiththerestofEurope.·Itslocationattheheartofahighlyindustrializedregionhelpedmakeittheworld's15thlargesttradingnationin2007.
OneofthefoundingmembersoftheEuropeanUnion,BelgiumstronglysupportsanopeneconomyandtheextensionofthepowersofEUinstitutionstointegratemembereconomies.BelgiumwasthefirstcontinentalEuropeancountrytoundergotheIndustrialRevolution,intheearly19thcentury
OverviewofEconomy
AfterWorldWarII,GhentandAntwerpexperiencedarapidexpansionofthechemicalandpetroleumindustries.
OverviewofEconomy
AtpresentBytheendofthe1980s,Belgianmacroeconomicpolicieshadresultedinacumulativegovernmentdebtofabout120%ofGDP.In2005and2006,realGDPgrowthratesof1.5%and3.0%,respectively,wereslightlyabovetheaveragefortheEuroarea.ByOctober2010,thishadgrownto8.5%comparedtoanaveragerateof9.6%fortheEuropeanUnionasawholeNetherlandsbyEconomyoverviewAdevelopedcapitalistcountry,oneofthetopteneconomicpowersinwesterncountry.relativelypoorinnaturalresourcesbutrichinnaturalgasreserves.industrydeveloped.rawmaterialsandsalesmarketmainlyrelyonoverseas.Itisoneoftheworld'sleadingshipbuildingcountries.SoisAgriculture,rankingintheworld'sthirdlargestexporterofagriculturalproducts.Flowerispillarindustry.Enjoythelaudatorytitleof"Europeangarden".Fi
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