Author: Marek Dabrowski
Publisher: Springer Science & Business Media
ISBN: 0387257667
Category : Business & Economics
Languages : en
Pages : 239
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Book Description
The Eastern Enlargement of the EU will not be complete until the new member states join the EMU. Economic and political economy arguments point to fast EMU accession of new member states. Failure to do so will create a two speed Europe, a fundamental change in the economic and political architecture of the EU, adding to the strains already evident between core and peripheral countries. Current high level of trade and business cycle integration of new member states with the Eurozone, decreases the probability of asymmetric shocks. Lower transaction costs, elimination of exchange rate risk and the danger of currency crises, further trade and investment creation, lower interest rates and large fiscal gains, should outweigh the loss of the exchange rate as adjustment tool. The Eastern Enlargement of the Eurozone provides comprehensive economic analysis of theoretical, empirical and political issues that will determine whether EMU enlargement is a success, which has implications for all common currency systems.
Author: Rainer Schweickert
Publisher:
ISBN:
Category :
Languages : en
Pages : 52
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Book Description
Author: Mathilde Maurel
Publisher:
ISBN:
Category : European Union
Languages : en
Pages : 40
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Book Description
Author: Richard E. Baldwin
Publisher: Centre for Economic Policy Research
ISBN: 9781898128632
Category : Business & Economics
Languages : en
Pages : 48
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Book Description
Established in 1983, the Centre for Economic Policy Research (CEPR) is the only European economics research network, linking over 550 academic researchers based in more than 20 countries. CEPR research addresses key European and global policy issues, ranging from global financial crises to international trade policy; from the economic transformation of Central and Eastern Europe to European competition policy. We are the market leaders for research on all aspects of European integration. CEPR research has consistently influenced policy by orienting researchers to address policy-relevant questions, and by encouraging key decision-makers to focus on the results of this research when discussing and formulating policy. The success of this approach has become increasingly apparent in recent years, as both practical examples and explicit acknowledgements from politicians, officials and journalists can testify. The Policy Paper series was launched by CEPR in 1999 to provide a forum for the analysis of important policy issues by leading researchers. The series aims to identify key policy issues; apply the best and most up-to-date research to help understand these issues; and to explore the implications of this research for the design and conduct of policy. Book jacket.
Author: Andrew Hughes Hallett
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 60
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Book Description
Author: Philipp Maier
Publisher: Edward Elgar Publishing
ISBN: 9781782543459
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
Philipp Maier offers an examination of the extent to which governments and various interest groups have exerted pressure on central banks. The book looks in particular at the Deutsche Bundesbank - which acted as the blueprint for the European Central Bank (ECB) - and utilizes an original set of indicators to measure external pressure and support from the government and other institutions.
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: Richard E. Baldwin
Publisher: Centre for Economic Policy Research
ISBN: 9781898128564
Category : Business & Economics
Languages : en
Pages : 166
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Book Description
EU member nations must decide whether to ratify the Nice Treaty. This report, written to inform these decisions, is highly critical of the Treaty but argues that it should be passed since it is 'repairable' and rejecting it would delay Eastern enlargement. It proposes two 'emergency repairs' to the Treaty. The authors marshal the best available empirical evidence and analytic techniques to show that the Treaty fails to meet its goal of adjusting EU decision-making to the realities of a Union with 27& members. Far from maintaining the EU's ability to act after enlargement, the authors argue that the Nice reforms reduce EU27 decision-making efficiency below what it would have been with no reform. Unless the Treaty is mended, future integration will be guided by intergovernmental initiatives in which large members play a large role due to their economic dominance. The Treaty also fails to resolve the ECB's 'numbers problem' - enlargement without reform would also damage the ECB's decision-making capacity. The Treaty does include an 'enabling clause' to help solve this problem: the report analyses the possible solutions and proposes specific reforms.
Author: D. Sternad
Publisher: Springer
ISBN: 0230314147
Category : Business & Economics
Languages : en
Pages : 553
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Book Description
A comprehensive insight into a region which is characterized by rapid economic and social changes with a significant rise in foreign direct investments and privatization. Analysis covers political, legal, economic and social trends, and topics such as the influence of informal networks and corruption, as well as cultural diversity.
Author: Aparajita Endow
Publisher: Aakar Books
ISBN: 9788187879121
Category : Law
Languages : en
Pages : 262
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Book Description
The 1980S And 1990S Witnessed Some Spectacular Events In Europe Changing The Geopolitical Landscape Of The Continent. The Eu, On The Other Hand Was Progressively Becoming A Dominant Political And Economic Force, Reaffirming Its Stance As The Most Successful Example Of Regional Integration.The Fact That The Franco-German Core Has Been The Main Driving Force Behind The Eu, This Book Critically Examines The Nature And Dynamics Of Franco-German Role In The 1990S In Conditioning The Scope And Content Of European Integration. This Book Will Be Of Interest To All Those Involved In International Studies, Matters Of Regional Integration And Also European Union Studies.
