[fre] La création de l’Union économique et monétaire européenne est l’événement le plus marquant de l’histoire économique et monétaire de la fin du 20e siècle. Le présent document a pour objet d’examiner certaines conséquences de l’euro sur le plan mondial. Il porte surtout...

This manifesto challenges a pernicious orthodoxy that has gripped Europe's policy makers. It is that demand- and supply-side policies must have different aims, that a limited number of supply-side policies are to be devoted to fighting unemployment, and that demand management (and particularly...

This Paper discusses specific measures to facilitate employment creation: investment subsidies as compared to employment subsidies. The point of departure is the view that sustained reduction of unemployment to the “natural” level is the top policy goal in terms of the welfare cost of...

The purpose of this paper is to reflect on some fundamental issues : (i)What do we mean by the much used terms – convergence, coordination, hamonisation ? (ii) What is the need for, potential gains of coordination in the community (iii) What explains the evident limits ans difficulty of...

The paper explores the readiness of the Turkish banking sector for integration into the European Union. We address the issue from four different angles. First, we review the present structure and health of the sector, including the state of the regulatory framework, providing where possible a...