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The southern European periphery suffered a severe setback in its catching-up process versus Western Europe after the … support the southern periphery by measures increasing welfare in the community as well as in the surplus countries. Surplus …
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Sino-European trade relations have been controversially discussed mainly, if not only, because of the increasing European Union's bilateral trade deficit with China. As from the European perspective trade with China becomes more important, the structural adjustment process of the Chinese economy...
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tested hypotheses. They also reveal persistent fragmentation between EMU core and periphery banking systems caused by a … deficit of trust in periphery banking systems, unmitigated by the introduction of OMT and European Banking Union. Our findings …
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fragmentation; and measures designed to overcome them, namely interconnection and consolidation of bargaining power. The first paper …
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tests for contagion (i.e., an intensification in the transmission of shocks across countries), fragmentation (a reduction in … following the OMT announcement, the high current degree of fragmentation poses difficult challenges for policy-makers, since it …
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