Economic Catching Up in the Enlarged Euro Area PDF Download
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Author: Nils Björksten
Publisher:
ISBN:
Category : Convergence (Economics)
Languages : en
Pages : 52
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Book Description
Author: Nils Björksten
Publisher:
ISBN:
Category : Convergence (Economics)
Languages : en
Pages : 52
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Book Description
Author: Marcin Piatkowski
Publisher: Oxford University Press
ISBN: 0198789343
Category : Business & Economics
Languages : en
Pages : 397
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Book Description
What makes countries rich? What makes countries poor? Europe's Growth Champion: Insights from the Economic Rise of Poland seeks to answer these questions, and many more, through a study of one of the biggest, and least heard about, economic success stories. Over the last twenty-five years Poland has transitioned from a perennially backward, poor, and peripheral country to unexpectedly join the ranks of the world's high income countries. Europe's Growth Champion is about the lessons learned from Poland's remarkable experience, the conditions that keep countries poor, and the challenges that countries need to face in order to grow. It defines a new growth model that Poland and its Eastern European peers need to adopt to grow and catch up with their Western counterparts. Poland's economic rise emphasizes the importance of the fundamental sources of growth- institutions, culture, ideas, and leaders- in economic development. It demonstrates that a shift from an extractive society, where the few rule for the benefit of the few, to an inclusive society, where many rule for the benefit of many, can be the key to economic success. *IEurope's Growth Champion asserts that a newly emerged inclusive society will support further convergence of Poland and the rest of Central and Eastern Europe with the West, and help to sustain the region's Golden Age. It also acknowledges the future challenges that Poland faces, and that moving to the core of the European economy will require further reforms and changes in Poland's developmental character.
Author: Kenneth Dyson
Publisher: Oxford University Press, USA
ISBN: 0199277672
Category : Business & Economics
Languages : en
Pages : 395
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Book Description
This book seeks to offer the first in-depth and systematic analysis of the challenges of the Euro Area and the eastward enlargement of the European Union. It focuses in particular on how the prolonged process of accession to the Euro Area is affecting domestic economic policies in the accession states of east central Europe.It contributes to Europeanization studies, comparative political economy and to studies of Economic and Monetary Union. It also provides a picture of processes of domestic transformation in such countries as the three Baltic States, Bulgaria, the Czech Republic, Hungary, Poland and Romania.The book brings together a range of recognized experts from across Europe and combines country and sectoral case studies with a thematic treatment. It begins by offering an 'outside-in' perspective, which situates the effects of EMU on the accession states in the wider context of the development of global economic norms. The second part focuses on an 'inside-out' analysis of how Euro Area accession affects the states of east central Europe - their policies, politics and public institutions. Thefinal part assesses how Euro Area accession is affecting key policy sectors in east central Europe: financial market regulation, fiscal policies and welfare states and labour markets.
Author: Carlo Altomonte
Publisher: Edward Elgar Publishing
ISBN: 1845426673
Category : Political Science
Languages : en
Pages : 440
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Book Description
Increasingly, policies and laws commonly agreed within the EU shape the political and economic scenarios of nation states in Europe. However, the same European context is radically changing, essentially due to three major recent developments: the adoption of the Euro, EU enlargement to the east and the implementation of the Lisbon Strategy of structural reforms for growth and competitiveness. The book presents a thorough economic analysis of these three events and of their implications for both existing and potential EU policies and objectives. Carlo Altomonte and Mario Nava have written a very rigorous text in an accessible and jargon-free style, ensuring easy acquisition of invaluable insights into the European economic set-up and the possible evolution of EU policies, including an update on the reform of the Growth and Stability Pact and of the 2007 13 Financial Perspectives. The accessibility of economic concepts combined with the methodological rigour of this up-to-date text will be of great interest to both policy makers and students.
Author: Mr.Jeffrey R. Franks
Publisher: International Monetary Fund
ISBN: 1484338499
Category : Business & Economics
Languages : en
Pages : 47
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Book Description
We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence of inflation and interest rates, real convergence of per capita income levels has not occurred among the original euro area members since the advent of the common currency. Income convergence stagnated in the early years of the common currency and has reversed in the wake of the global economic crisis. New euro area members, in contrast, have seen real income convergence. Business cycles became more synchronized, but the amplitude of those cycles diverged. Financial cycles showed a similar pattern: sychronizing more over time, but with divergent amplitudes. Income convergence requires reforms boosting productivity growth in lagging countries, while cyclical and financial convergence can be enhanced by measures to improve national and euro area fiscal policies, together with steps to deepen the single market.
Author: Filip Keereman
Publisher: Springer Science & Business Media
ISBN: 3642125166
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
The Fifth Enlargement that took place in 2004 and 2007 was a milestone in the history of the European Union. Not only because of the large number of acceding countries but also because of their recent political and economic experience. Ten of them had undergone a profound transition from a totalitarian regime to democracy, and from a centrally planned economy to a market-based system. Most of them had income levels signi?cantly below those of the then EU-15. Now, 6 years later, we can clearly see that the process of European integration, both before and after 2004, was what enabled Europe to overcome the gaps between various parts of the continent. The enlargement made Europe a better and wealthier place and streng- ened its position in the world. Integration into the European Union has always been one of the strongest incentives for reform in the new Member States. Particularly important in my view have been the development of ?nancial markets through foreign direct investment and capital in?ows, and the opening of labour markets – which was a two-way phenomenon, with markets being opened up in acceding as well as the incumbent Member States. The Fifth Enlargement was thus an exercise of glo- lisation in miniature, a practice run for the Union to tackle the challenges of the ever smaller world.
Author: Pedro Gomis-Porqueras
Publisher: Routledge
ISBN: 1351895338
Category : Political Science
Languages : en
Pages : 263
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Book Description
The dollar has been the dominant currency of the world economy for almost a century; since 2002, the euro has gained widespread international acceptance resulting in important institutional, economic and financial changes both for the euro zone, the United States and the world economies, affecting foreign exchange and financial markets as well as economic activities around the world. In years to come, the international role of the euro will hinge on the validity of the fundamental idea underlying its creation, namely that important components of sovereignty can be pooled and shared among nations in the pursuit of common economic and political objectives. This key book assesses the international role of the euro, discusses its impact on global financial markets, shifting global exchange rate relationships and their implications. With input from various disciplines (economics, business and political science), it foments discussions intended to facilitate an exchange of ideas among academics, practitioners and the local business community.
Author: Peter Mair
Publisher: Routledge
ISBN: 1136344632
Category : Political Science
Languages : en
Pages : 230
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Book Description
Focusing upon the emerging patterns of unity and diversity in the enlarged European Union, this study explores enlargement from the East and the impact this will have on the future identity of Europe.
Author: Edward Best
Publisher: Edward Elgar Publishing
ISBN: 1848443781
Category : Political Science
Languages : en
Pages : 275
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Book Description
This book in addition of being remarkable academic reading contributes, on the highest scholarly level, to the furthering of our understanding of performance of the EU institutions which is essential for practitioners and researchers in the midst of the institutional crisis. Dominik Vuleti , Croatian International Relations Review . . . an impressively detailed introduction to the institutions and committees that form the core frameworks of EU activities including the EU Parliament, the European Central Bank, and the effects of EU membership expansion. The Institutions of the Enlarged European Union is very strongly recommended as an addition to governmental and university library International Studies reference collections in general, and European Union Studies supplemental reading lists in particular. Midwest Book Review The International Studies Shelf This excellent book in the series of studies on EU reform and enlargement is not as dry as it first appears. . . The contributors outline the key changes as well as patterns of continuity in the institutional policies of the EU and their research which I feel will be highly beneficial to lawyers, economists and politicians. . . I found the book to be invaluable for postgraduate and advanced undergraduate students of EU politics and administrative science, as well as researchers, practitioners and journalists working in the fields of European studies more widely. Phillip Taylor, The Barrister This timely, comprehensive and authoritative study provides much food for thought for European policy makers, particularly in the current situation of uncertainty about the Lisbon Treaty. The authors basically upbeat findings that, despite the arrival of twelve new member states in one big bang and one after shock, it has been pretty much business as usual for the EU s institutions will comfort both those who worried about the EU s capacity to act in the absence of institutional reform and those who argued that such reform was unnecessary. But the editors identify a number of emerging dynamics that will be of concern to all who care about the Union s democratic future: increasing formalisation of meetings and procedures on the one hand, coupled with an increase in informal, pre-cooked deals on the other; increasing primacy of the administrative over the political; and a growing trend towards presidentialisation within the institutions, with continued efficiency requiring more emphasis on the primus than on the pares . The editors conclude that, while the European Union s institutional system continues to function and might even become more efficient, the price to be paid could further distance the Union from the citizens it seeks to serve. Martin Westlake, Secretary General, European Economic and Social Committee, Brussels, Belgium This volume reports a thorough appraisal of how the EU institutions have fared since the 2004 enlargement. In essence the answer is more of the same, with no evidence of gridlock. Business has been conducted in similar ways and at similar levels of output, helped by procedural adaptation. The new member states have slotted into the existing routines of the Union. Helen Wallace, European Institute, London School of Economics and Political Science, UK How have the main institutions and decision-making processes of the EU responded to the arrival of new member states? This book assesses the actual state of the EU institutions in the years after the 2004 enlargement, examining each of the main institutional actors as well as trends in legislative output, implementing measures and non-legislative approaches. The contributors outline the key changes as well as patterns of continuity in the institutional politics of the EU. The analysis finds that breakdown has been avoided by a combination of assimilation of the new member states and adaptation of the system, without any fundamental transformation of the institutions. Nonetheless, they conclude that it
Author: Dr Ipek Eren Vural
Publisher: Ashgate Publishing, Ltd.
ISBN: 1409489507
Category : Political Science
Languages : en
Pages : 300
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Book Description
'Converging Europe' evaluates the impact of European integration on social policy development since the launch and re-launch of the Lisbon strategy discussing the challenges posed by the still unfolding global economic crisis of 2007-2009. Given the unsettling economic conditions, does European coordination of social policies generate more social cohesion and integration or growing xenophobia, nationalism and exclusion? Informed by diverse theoretical perspectives, this book brings together a team of international experts working on an extensive range of policy issues central to the Lisbon agenda such as labour market policies, social protection systems, and social exclusion/poverty. Contributions assess the interfaces between European integration, the Lisbon strategy and social policy in three groups of countries related to the EU: old member states; the new member states; and a candidate country - Turkey. The richness of content and data allows rigorous analysis and critical comparative insights not only on the social outcomes of the Lisbon strategy but also more broadly on the dynamics and dimensions of European social policy. Pioneering the scholarly reflections on the repercussions of the global economic crisis of 2007-2009 for both the road map drawn at Lisbon and viability of national systems of social provision in Europe, this book is an important acquisition for policy makers and academics alike.
