The European Union and Mercosur have started negotiations in 1995 with the signature of the “EU-Mercosur Interregional Framework Co-operation Agreement”. In spite of sixteen round of negotiations and a propitious textbook for trade relationships (complementary intra and inter-sectoral,...

We study labor productivity in agriculture within a two-region, two factor and two commodity economy. Increases in productivity can lead to higher or to lower agricultural prices, depending on the internal structure of the economy. We give necessary and sufficient conditions for either outcome;...

Abstract. In this paper we approach the issue of the evolution of economic phenomena that influence one another. First of all, we introduce a geometric model to establish whether there is a direct influence between two economic phenomena. After this, we find out the strength of this influence...

This study provides a contemporary understanding of demand relations in European Union (EU) international message telephone service (IMTS) markets prior to full liberalization at January 1 1998. Point-to-point demand equations that relate IMTS demand to prices, income, population and distance...

The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...

The aim of this paper is to emphasize how the correlations between fiscal policy and economic growth are manifesting in the U.E. case. After theoretical framework, the paper is organized as follows: Section 2 tries to provide a model at micro economic level for the interconnections between...

The European Union has not defined its limits in geographical terms. Each enlargement has led and will lead to a decrease of the European Union’s per capita GDP. After the collapse of the Soviet Union the transition countries went through a long and deep recession. However, they have reached a...

This article outlines work in progress on a study of technological choice in the context of North-South development. Its main purpose is to describe the methodology being developed in the pilot phase of the study. This is of interest because it links together a number of analytic...

Unbalanced regional development is mayor obstacle to general advancement and prosperity of the European Union. Object of research is significance and role of financial sources as main factor that determine the development. The authors analyzes the financing models for polycentric balanced...

In 2004, Frits Bolkenstein, former European Commissioner for the Internal Market, brought in the attention of the European Commission “The Services Directive in the Internal Market”. The purpose of this directive was to liberalize the services’ market in the EU, a major regulated field,...