Five Years of an Enlarged EU

Five Years of an Enlarged EU PDF 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.

Europe in Emerging Asia

Europe in Emerging Asia PDF Author: Fredrik Erixon
Publisher: Rowman & Littlefield
ISBN: 1783482281
Category : Political Science
Languages : en
Pages : 308

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Book Description
In light of the Eurozone crisis and the growth of Asian economies, have new challenges emerged for the relations between nations in these regions? As the Asian consumer class grows and its culture globalizes, what does this mean for the export of Eurocentric values and norms? And what does the future hold for the economic, political, and cultural policies between these two powerful regions? This book explores the relationship between European and emerging Asian economies, as globalization changes the international economic and political landscape. Reflecting on past interactions and possibilities for the future, the book brings together Asian and European perspectives from former politicians, diplomats, and academic experts to examine questions around trade and security, rights and climate change, identity clashes, and the colonial legacy. The book is a timely consideration of highly topical questions that will shape international politics in the twenty-first century.

Financial Markets and the Current Account

Financial Markets and the Current Account PDF Author: Sabine Herrmann
Publisher:
ISBN:
Category :
Languages : en
Pages : 48

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Book Description
Financial globalisation has been associated with divergent current account patterns in emerging market economies. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account deficits. In this paper we test for the relevance of financial market characteristics in explaining divergent current account patterns in emerging Europe and emerging Asia based on the assumption that both regions constitute two different convergence clubs with the euro area and the US representing the core, respectively. In line with the theoretical literature, we find that better developed and more integrated financial markets increase emerging markets ́ ability to borrow abroad. The degree of financial integration within the convergence clubs as well as the extent of reserve accumulation are found to be the most significant factors to explain divergent current account patterns in emerging Europe and emerging Asia. We conclude that the overall character of integration matters for the pattern of current account developments in catching-up economies.

The European Union, China and Central Asia

The European Union, China and Central Asia PDF Author: Bart Dessein
Publisher: Rethinking Asia and International Relations
ISBN: 9781032121819
Category : Asia, Central
Languages : en
Pages : 0

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Book Description
Introduction: The EU and China in Central Asia: (Un)natural Partners? / Fabienne Bossuyt and Bart Dessein -- Part 1. Historical and Contemporary Contexts of China and the European Union in Central Asia. Central Asia between China and Europe: Reflections on historical identity -- The Context of China's Pursuits in Central Asia: The role of historical memories in Chinese foreign policy making -- Sketching the Context: A Comparative overview of the EU's and China's engagement with Central Asia -- Part 2. Geopolitical Implications of the European Union's and China's Engagement with Central Asia. European Engagement with China's Belt and Road Initiative: A Central Asian perspective -- The Other Actor: Gauging Russian reactions to potential EU-China cooperation on the Belt and Road Initiative in Central Asia -- Varieties of Hierarchy and Central Asian Resilience -- Central Asian Countries and Their Trade Relations with the European Union and China: Towards cooperation or competition? -- The EU and China in Central Asian Energy Geopolitics -- Part 3. Soft Power and Governance Perspectives on the European Union's and China's Engagement with Central Asia. Soft Power Vehicles: An assessment of China's soft power and Sinophobia in Central Asia -- Between the EU, Russia, and China: Cultural diplomacy competition in Central Asia -- Russia, China and the European Union in the Framework of 'Greater Eurasia': An emerging Eurasian governance system -- Towards a New Model of Transnational Governance in Anti-corruption: Hopeful new beginnings in Central Asia? -- EU-China Relations in Central Asia in the Context of the Belt and Road Initiative: A regional(ist) perspective -- Conclusion: What Scope for EU-China Cooperation in Central Asia in the Context of the Belt and Road Initiative and Beyond?

Global Strategies for Emerging Asia

Global Strategies for Emerging Asia PDF Author: Anil K. Gupta
Publisher: John Wiley & Sons
ISBN: 1118282353
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
The multinational corporate guide for thriving in the Asian marketplace Led by China and India, the rise of emerging Asia is transforming the structure of the global economy. By 2025, if not sooner, China will almost certainly overtake the U.S. to become the world's largest economy. By then, India is likely to have overtaken Japan to become the world's third largest economy, after China and the U.S. Besides China and India, Asia also includes other fast-growing economies such as Indonesia, Malaysia, Philippines, Thailand, and Vietnam. Added together, by 2025, these developments are likely to make Asia's economy larger than those of the U.S. and Europe combined. It is clear that, for every large company, leadership in Asia is rapidly becoming critical for leadership globally. This important resource brings together the latest ideas and in-depth case analyses from leading academics and practitioners to provide a comprehensive guide to succeeding in Asia. Explores how to develop a strategy to benefit from new patterns of 21st century trade Explains how companies can fight and win against low-cost competition from Asian companies Shows how to transfer homegrown management practices to Asia Reveals how to safeguard the company's intellectual property in China Brings to light how to leverage India as a platform to revitalize the company's innovation capabilities A resource for competing in today's international market, this book offers executives and managers a guide for navigating the new global reality—that of Asia as the world's emerging center of gravity.

The Housing Challenge in Emerging Asia

The Housing Challenge in Emerging Asia PDF Author: Matthias Helbe
Publisher:
ISBN: 9784899740650
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
The Housing Challenge in Emerging Asia: Options and Solutions provides new insights and ideas to best design and implement housing policies aimed at improving access to affordable and adequate housing. The book offers an innovative theoretical framework to conceptualize and analyze various housing policies. It also critically reviews housing policies of various countries and draws lessons for others. The countries studied include advanced economies within and outside Asia, such as Japan, the Republic of Korea, Singapore, Switzerland, the United Kingdom, and the United States, as well as emerging countries within Asia, such as the People's Republic of China and India.

PISA Education in Eastern Europe and Central Asia Findings from PISA

PISA Education in Eastern Europe and Central Asia Findings from PISA PDF Author: OECD
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264714113
Category :
Languages : en
Pages : 96

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Book Description
Countries in Eastern Europe and Central Asia have clear aspirations to strengthen civic participation and increase prosperity for all. A highly skilled and knowledgeable population is critical to achieving these goals, which makes creating and maintaining high quality and equitable education systems a vital part of regional development efforts. Results from the Programme for International Student Assessment (PISA) show that learning outcomes in the region have generally improved, but that the improvement has not been equitable. While countries in the region are producing some of the top performing students in the world, many other students are being left behind. This report, jointly developed by OECD and UNICEF, analyses PISA data in detail to identify the strengths, challenges and unique features of education systems in Eastern Europe and Central Asia. Drawing upon a rich knowledge base of education policy and practice in the region, it makes recommendations about how systems in the region can provide an excellent education for all students. This report will be of interest to regional policy-makers as well as individuals who wish to learn more about education in Eastern Europe and Central Asia.

Europe and the Challenge of the Asia Pacific

Europe and the Challenge of the Asia Pacific PDF Author: Brian Bridges
Publisher: Edward Elgar Publishing
ISBN:
Category : Asia, Southeastern
Languages : en
Pages : 248

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Book Description
Bridges (politics and sociology, Lingnan College, Hong Kong) analyzes the contemporary economic, political, and security relations between western Europe and the Asia Pacific regions. After surveying the historical legacies of colonialism and de-colonization, he describes the successive economic challenges, first from Japan, then the newly industrializing economies of Asia, and most recently southeastern Asia and China. He concludes that the future of relations between the two regions will be shaped by moves toward greater European integration, how Asia responds to the current financial crisis, and the development of new dialogue between them. Annotation copyrighted by Book News, Inc., Portland, OR

Five Years of an Enlarged EU

Five Years of an Enlarged EU PDF 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.

Colombia

Colombia PDF Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1484399234
Category : Business & Economics
Languages : en
Pages : 49

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Book Description
This staff report on Colombia’s arrangement under the Flexible Credit Line highlights economic policies and development. Colombia’s economic performance in recent years has been very strong, underpinned by a very strong institutional framework and prudent macroeconomic management. Following a sharp slowdown in 2008–2009, output growth rebounded vigorously, and inflation stayed within the official target range. A very strong policy framework—comprising an inflation-targeting regime, a flexible exchange rate, effective financial sector supervisionand regulation, and a medium-term fiscal framework—provided policy space to undertake timely and effective countercyclical measures to mitigate the effects of the global financial crisis, and skillful policy management helped maintain strong growth with low inflation.

Global Shock, Risks, and Asian Financial Reform

Global Shock, Risks, and Asian Financial Reform PDF Author: Iwan J. Azis
Publisher: Edward Elgar Publishing
ISBN: 1783477946
Category : Business & Economics
Languages : en
Pages : 750

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Book Description
The growth of financial markets has clearly outpaced the development of financial market regulations. With growing complexity in the world of finance, and the resultant higher frequency of financial crises, all eyes have shifted toward the current inad