TITLE

BRITAIN, THE SIX AND THE WORLD ECONOMY

AUTHOR(S)
Diebold Jr., William
PUB. DATE
April 1962
SOURCE
Foreign Affairs;Apr62, Vol. 40 Issue 3, p407
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article presents information on world economy. When France and Germany, with Italy and the three Benelux countries, made it clear that they were really going to form a customs union, they forced the British government to face a decision it had hoped to avoid. Now Great Britain's decision to join the Common Market, if reasonable terms can be agreed on, requires the United States to make some major decisions of its own. U.S. action--or the lack of it--will pose new choices for the rest of the world. The British decision followed a long reexamination of the courses open to the United Kingdom once the Six had left little doubt--especially by their decision of May 1960 to accelerate tariff reduction--that they would succeed in creating a common market. Conversations in Europe presumably gave the British a reasonably good idea of the terms they would have to meet if they chose to go in. On the assumption that the Europeans Would concede some essential points, the Prime Minister worked at building popular support at home and a majority in the House of Commons of a size appropriate to so fundamental a decision. The explicit opposition that remains--strongest at opposite ends of the Tory and Labor parties but scattered throughout the country--will undoubtedly gain recruits as a result of some of the compromises the government will have to make as a condition of entry. Concern for the Commonwealth will also influence votes. Still, the decision to seek entry could hardly have been made except in the belief that in the end the fundamental conviction would prevail that in the future Britain will be better off in the new Europe now taking shape than outside it.
ACCESSION #
14718706

 

Related Articles

  • The Potential for Economic Collaboration Between Russia and CIS Countries. Klotsvog, F. // Problems of Economic Transition;Mar1998, Vol. 40 Issue 11, p83 

    Focuses on the prospects for economic integration between former Soviet Union republics. Quantitative measure of economic integration; Significance of Russia's foreign trade policy to the policy of Commonwealth of Independent States (CIS) countries; Factors that will affect economic integration.

  • Mercosur in the New Global Order. Jaguaribe, Helio // Hemisphere: A Magazine of the Americas;Fall98, Vol. 8 Issue 3, p24 

    Focuses on the alternatives for structuring the international system. Context of Pax Americana and multipolar system; Impact of domestic conditions and international environment on the United States hegemony; Comparison between Pax Romana and Pax Americana; Reason for rejecting Free Trade Area...

  • THE LATIN AMERICAN ECONOMIC INTEGRATION: ITS BENEFITS AND OBSTACLES. Roldan, Alfredo // Nebraska Journal of Economics & Business;Winter69, Vol. 8 Issue 1, p16 

    Discusses the integration of Latin American economies. Summary of the case for economic integration exclusively from the point of view of the participating economies; Explanation for the causes of the Latin American lack of integration; Steps that must be taken to promote integration.

  • ECONOMIC COLLABORATION BETWEEN THE USSR AND THE SOCIALIST COUNTRIES. Kazakevich, L.; Shishankov, V. // Problems of Economics;Oct73, Vol. 16 Issue 6, p72 

    Reports that the coordination of national economic plans is a qualitatively new phenomenon in the economic relations of nations that is solely characteristic of the world socialist system. Mission of the Council Mutual Economic Aid; Basic means for the development of socialist economic...

  • The China-Taiwan Relationship: Growing Cross-Strait Economic Integration. Clark, Cal // Orbis;Fall2002, Vol. 46 Issue 4, p753 

    Presents perspective on economic integration between China and Taiwan. Impact of economic relations on the debate over sovereignty; Creation of a trade surplus; Support of Chinese and Taiwanese for nonpolitical processes.

  • Gulliver's troubles or Lilliput fights back. Heller, Henry // Canadian Dimension;May/Jun96, Vol. 30 Issue 3, p13 

    Focuses on the increasing influence of the international capital. Decline in living standards and social safety worldwide; Efforts to fight international capital in the West and in the Third World; Increasing popularity of reformed communists and socialists in Eastern Europe; Massive labor...

  • Chapter 9: CARIBBEAN REASONINGS. Best, Lloyd // CARICOM Options: Towards Full Integration into the World Economy;2006, p159 

    Chapter 9 of the book "Caricom Options: Towards Full Integration Into the World Economy" is presented. It discusses the changes in the economic relations of the communities in the Caribbean region. It mentions that the people of Trinidad and Tobago aim to take advantage of the opportunities...

  • Global rot. Cook, Patrick // Bulletin with Newsweek;09/26/2000, Vol. 118 Issue 6243, p106 

    Comments on the participation of Australia in the discussion for globalization. Views on a demonstration staged against a globalization conference at the Melbourne Casino; Analogy of globalization with casino gambling; Differentiation between globalization and the Empire Free Trade.

  • International economic integration--the Australian experience. Murphy, Tom // Ecodate;Mar1996, Vol. 10 Issue 1, p1 

    Focuses on the performance of Australia's international economic integration (IEI), the trade and investment linkages between one economy and the economy of the rest of the world. Overview on Australia's trade links from 1945; Costs and benefits of strengthening IEI; Initiatives to strengthen...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics