Community Scenarios

The Community’s capacity for action is based mainly on three historic decisions taken in the decade leading up to 1962: to establish a common policy for the coal and steel industries through the common institutions set up in 1952 under the Treaty of Paris; to launch a general customs union in 1958 under the Treaty of Rome, together with common institutions for economic policy-making and to erect the system of common control of agricultural markets, through agreement on the common agricultural policy in 1962. Each of these decisions increased the Community’s capacity for action in a major area of economic policy. Since 1962, there has been no comparable advance. […]

Originally published in the issue Vol. 13, No. 2, April-June 1978, p. 123-130