The European Union, 5th edition reflects throughout the dynamic and evolving nature of the Union from its conception as the European Community. The fifth edition has been brought up-to-date to take account of the expansion in EU membership and of recent events relating to the EU. The book is split into four parts: PART ONE: Presents to the reader an introduction and background to the EU, covering historical topics, institutions and statistical records. PART TWO: Covers the theory, the measurement of and an analysis of economic integration. Assesses the benefits and problems of internal integration. PART THREE: EU Policies. Coverage includes agriculture, the EMS, single currency and EMU, energy, environment, industry, regionalism, regulation, taxation, trade, transport etc. PART FOUR: An analysis of future developments and possible further enlargement.