The Euroquestion.

This article is the final one of a series of reports called "The Euroquestion" where we explored the individual future prospects of the leading nations in the European Union. This article now delves into the collective prospects of the EU as a bloc and explores its destiny. The European Union has been widely touted as the largest integrated single market in the world. It has served as a role model for economic cooperation organisations around the world, on how effective and efficient economic integration can be achieved on a bedrock of cooperation and consensus. Although it has seen its fair share of problems, the general consensus is that the EU as an economic entity has achieved relative success. With a combined gross domestic product (GDP) of US$20.3 trillion, counting the EU as a single entity, it is the 3rd largest economy in the world after the US and China. A wide variety of exports, free economic and political movement between member states, and a heavily integrated, ...