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European environmental and energy policies are currently challenged by two mutually dependent issues: CO2 abatement and the completion of the Internal Market for energy. Both will lead to substantial structural changes in the energy supply industry and in the wider economy. The purpose of this...
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synchronization (BCS) in the EU. We estimate the effects of market integration and economic policy coordination on bilateral business … positive effect on BCS, particularly between incumbent and new EU members. (2) Rising specialization does not decouple business … cycles. (3) The decline of income disparities in EU27 contributes to BCS, as converging countries develop stronger trade and …
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