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You are a civil servant from a country, which will soon join the European Union. Draft a report to a senior officer setting out your advice as to how your country should prepare for the following before becoming a member of the EU.

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Introduction

Title of Assignment: You are a civil servant from a country, which will soon join the European Union. Draft a report to a senior officer setting out your advice as to how your country should prepare for the following before becoming a member of the EU. - Maximising the benefits of the European single market; - Joining the European single currency; - Introducing new measures to address the EU's "democratic deficit"; - Ensuring maximum benefit from the common Agricultural policy (CAP) for agriculture in your country. Date of deadline: 30/11/01. Date of Submission: 30/11/01. LIST OF CONTENTS: SECTION 1: Executive Summary SECTION 2: Terms of reference SECTION 3: Main Report: i) - Introduction ii) - Maximising the benefits of the European Single Market iii) - Preparing for the European Single Currency. iv) - Addressing the EU's democratic deficit. v) - Maximising CAP benefits for our home country. SECTION 4: Conclusions. SECTION 5: Recommendations. SECTION 6: References: SECTION 7: Bibliography. SECTION 8: Appendices: Section 1 Executive Summary - The Berlin European Council has set out a clear framework for the financial aspects of enlargement. This framework provides a sufficient basis for the accession of up to ten new Member States in 2004. - The European Council of Nice has defined the framework for the institutional reform necessary for enlargement. Negotiations are conducted on the basis of the existing acquis, applying the principles of own merits and catching-up, and will be concluded with those candidates that fulfil the criteria for membership. ...read more.

Middle

Pick from this about accession req. b) Conclusions a) Overall Developments The legal and institutional framework needed for the functioning of a market economy, including enforcement of judicial decisions. Privatisation of manufacturing enterprises is almost completed in many CEEC-10, Privatisation strategies have moved into sectors such as the utilities, transport and energy and are accompanied by efforts to restructure these sectors. In the financial sector, the bank privatisation agenda is Bank independence from government: Concerning the state-owned banks not intended for privatisation, it is important that governments do not interfere with their operating practices and credit policies. The expansion of the financial sector has been accompanied by improved supervision in the banking sector, but supervision of the other parts needs to improve, not only on regulations but also on the administrative capacity and independence of supervisors. Cumulative progress on economic integration of candidate countries in the EU has mainly taken place through the two channels of trade and capital flows, essentially foreign direct investment. As to trade integration, in 2000, candidate countries on the average, sent about 62% of their exports to the EU and 58% of their imports came from the EU. Excluding Turkey, the shares are about 65% for exports and 62% for imports. Each of the CEEC-10 has over the period 1995 to 2000 increased its share of exports to the EU. Also as a group, they have increased their EU market share. ...read more.

Conclusion

Therefore, unilateral "euroisation" would not be a way to circumvent the stages foreseen by the Treaty for the adoption of the euro. Regarding the ERM-II, some time after accession, new Member States will be expected to join the ERM II. The ERM II could accommodate the main features of a number of exchange rates regimes, provided their commitments and objectives are credible and in line with those of the ERM II. The onlyclear incompatibilities vis-�-vis the ERM II that can be identified already at this stage are fully floating exchange rates, crawling pegs and pegs against The chapters of the negotiations concerning agriculture and regional policy have important budgetary components and are related to the chapter concerning financial and budgetary provisions. Negotiations on these three chapters must therefore be conducted within a coherent overall framework. The Berlin European Council in March 1999 agreed the financial framework for the period 2000-2006, including arrangements for enlargement based on the assumption that 6 new members would accede in 2002. The results were laid down in an inter-institutional agreement between the Parliament, the Council and the Commission. The Berlin European Council has set out a clear framework for the financial aspects of enlargement. This framework provides a sufficient basis for the accession of up to ten new Member States in 2004. The European Council of Nice has defined the framework for the institutional reform necessary for enlargement. Negotiations are conducted on the basis of the existing acquis and will be concluded with those candidates that fulfil all the criteria for membership, applying the principles of own merits and catching-up ...read more.

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