Showing 1 - 10 of 22
When entering a monetary union, member countries change the nature of their sovereign debt in a fundamental way, i.e. they cease to have control over the currency in which their debt is issued. As a result, financial markets can force these countries' sovereigns into default. In this sense, the...
Persistent link: https://www.econbiz.de/10013121996
agents ‘over - prefer' to transact with domestic agents rather than agents from other EU countries. Such an exclusive … the possible existence of home - bias effects in the US market and the EU internal market, which are the two most … barrier to trade. This shows a tendency to ‘over-trade' within borders both in the US and the EU. Taking the finding for the …
Persistent link: https://www.econbiz.de/10013122002
This paper describes four key drivers behind the adjustment difficulties in the periphery of the eurozone: • The adjustment will be particularly difficult for Greece and Portugal, as two relatively closed economies with low savings rates. Both of these countries combine high external debt...
Persistent link: https://www.econbiz.de/10013122004
The first 16 months of the EU's common commercial policy (CCP) in the post - Lisbon period provide indicative insights … policy. Against this backdrop, the paper gives an overview of the changing dynamics of EU trade and investment policy in a … public political preferences and perceptions, on the one hand, and actual EU trade policies on the other, and to place EU …
Persistent link: https://www.econbiz.de/10013092616
While energy security has gradually been incorporated into the EU's foreign policy calculus, the declared approach of … extending a nexus of 'market-governance' energy norms has been realized only to a limited extent. The EU has eschewed a … and geopolitical approaches. The EU needs more effectively to address the way that governance structures in producer …
Persistent link: https://www.econbiz.de/10012710820
This paper addresses the building of a common EU policy on labor immigration. It reviews the latest policy developments … concerning the harmonization of the rules for admission and residence of third-country workers in the EU. In November 2006, the … general framework of rights for all immigrants in legal employment. The main questions evoked by the EU's 'global and …
Persistent link: https://www.econbiz.de/10012719404
moves on to outline the EU's current legislative program to introduce policy instruments in 2007-09 for regulating the … underscores the case for cohesive EU action in this controversial area in view of the need to improve the economic competitiveness … of the EU and the risks posed by its aging population …
Persistent link: https://www.econbiz.de/10012719405
This article argues for closer integration to be a key part of the EU's migration policy. It accepts that migration is … necessary for a prosperous Europe and looks at the role of the EU and how best to integrate immigrants. Countries' experiences … is a complex and delicate process, and ultimately the EU must be bolder in its promotion of integration if it is to …
Persistent link: https://www.econbiz.de/10012719406
The states of the Western Balkans constitute a major source of 'soft security' threats to the EU. The EU attaches a … analytical question: What are the actual routes of influence through which the EU can bring these states closer to EU standards … in justice and home affairs?The analysis presents the EU's pre-accession strategy as one of the chief mechanisms for …
Persistent link: https://www.econbiz.de/10012719408
The EU can do little to achieve its policy objectives in its Eastern neighborhood without facing the issue of … secessionist conflicts. This paper deals with EU policy towards Georgia and the secessionist regions of Abkhazia and South Ossetia …. It discusses the reasons for and constraints on EU policies, their effects and perception in the secessionist entities …
Persistent link: https://www.econbiz.de/10012719411