We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.
Finance

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

What is a Supranational?

Malcolm Tatum
By
Updated: Feb 06, 2024

A supranational is an organization that includes members that are outside the boundaries of any one nation. Trade organizations that include several countries as members are the most common type of organized union or group. The usual reasons associated with the formation of a supranational is to benefit each member nation by establishing standards that relate to trade, with the end goal of maintaining economic stability throughout all the nations involved in the organization.

At times, the structure of a supranational organization will allow for political as well as economic standards to be agreed upon by the member nations. For example, a supranational may determine that each of the countries involved in the union will allow for popular elections within their borders, or will seek to pass legislation that supports the organization’s ideology regarding trade tariffs or the balance between imports and exports among the member nations. Over time, the nature of a supranational may change, allowing the organization to adapt in the face of shifting world conditions, both political and economic.

The basic idea behind a supranational is to make it possible to cooperate in ways that are usually above and beyond the terms of some sort of international trade agreement. It is not unusual for a supranational organization to aid in the creation of those treaties between member nations, as well as to create policies and procedures that help to support those treaties. At the same time, an organization of this type can often provide the framework for minimizing or possibly preventing the collapse of the economy in any of the member nations, often with the aid of a central bank. Since in a global economy, the failure of one national economy can mean serious consequences for the economies of other countries, the ability of a supranational to at least partially offset that initial collapse is considered very important.

One of the most commonly accepted examples of a supranational is the European Union. Composed of a number of the nations in Europe, including the United Kingdom, this particular union functions by delegating some degree of authority to those who represent each nation within the organization. This makes it possible to conduct the business of the organization with relative ease, while still holding each representative accountable for how they balance protecting the interests of their individual nations with the good of the union as a whole. Small groups of nations that forge a short-term alliance for one reason or another often look toward the structure of the European Union as a template for creating the processes that govern their own structure.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Malcolm Tatum
By Malcolm Tatum
Malcolm Tatum, a former teleconferencing industry professional, followed his passion for trivia, research, and writing to become a full-time freelance writer. He has contributed articles to a variety of print and online publications, including WiseGeek, and his work has also been featured in poetry collections, devotional anthologies, and newspapers. When not writing, Malcolm enjoys collecting vinyl records, following minor league baseball, and cycling.
Discussion Comments
Malcolm Tatum
Malcolm Tatum
Malcolm Tatum, a former teleconferencing industry professional, followed his passion for trivia, research, and writing...
Learn more
Share
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.