Showing 1 - 10 of 12
This report explores some features of the social dimension of enlargement regarding the Southern EU-Member countries …, capital and labour, Eastward Enlargement will affect the location of economic activities, innovation, and technology … aspects have been analysed in several studies, stressing that the regional and social dimension of enlargement as well as the …
Persistent link: https://www.econbiz.de/10010266841
for future price stability in an enlarged European Monetary and Economic Union (EMU). At the heart of this study are the … voting-power analysis. It is presumed that a considerable loss of current EMU-members' influence power especially in favour …
Persistent link: https://www.econbiz.de/10010266829
toward a more market based approach. Its impact in Eastern Europe will be even stronger. To ensure the success of EMU an …
Persistent link: https://www.econbiz.de/10010262873
This paper aims at the provision of applicable recommendations for institutions and actors involved regarding the EMU … benefits and losses of EMU accession may differ with regard to the different issue areas. To get to clear-cut recommendations …
Persistent link: https://www.econbiz.de/10010266828
Such an exceptional event as the creation of the EMU and the euro has not had happened never before. The most common … challenges concerning EMU and the euro are: fiscal policy making, monetary policy making, euro area being a non-optimal currency … area and the political legitimacy of EMU. It is worthwhile stressing that economic policies except from monetary policy are …
Persistent link: https://www.econbiz.de/10010266834
The coexistence in EMU of one common monetary policy and several domestic fiscal policies raises a number of problems … policy spill-overs are enhanced in the EMU, the need to avoid free riding behaviour on the part of member states and the … economic area, or that do not equally affect all EMU members. Theory suggests that financial markets, when integrated, can …
Persistent link: https://www.econbiz.de/10010266835
This report reflects on recent trends in fiscal and monetary policies at the onset of EU-enlargement. Particularly, the …
Persistent link: https://www.econbiz.de/10010266838
Eastward enlargement is one of the hot topics in European economics. The accession of central and eastern European … likely outcomes and challenges of this specific feature of EU enlargement. Moreover, the article represents the start of an … leading to currency and financial crises whenever they perceive the authorities' commitment to EMU less credible. This article …
Persistent link: https://www.econbiz.de/10010274318
This paper has been prepared as a part of a broader Ezoneplus project that evaluates European Monetary Union (EMU) and … its enlargement to prospective members in central and eastern Europe. The project is financially supported by European …
Persistent link: https://www.econbiz.de/10010274501
The main topic of the paper is optimal dynamics, i.e., timing of entry of the accession countries in the ERM 2 and EMU … delayed entry into the EMU? b) What are economic and other arguments for an early or late inclusion? c) What are the … with respect to the timing of entry in the ERM 2 as an interim institutional mechanism in the run-up to the EMU. …
Persistent link: https://www.econbiz.de/10010274503