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werden. Dazu wird eine differenzierte Analyse der Handelpolitik der EU gegenüber dem osteuropäischen Wirtschaftsraum …, wohingegen bei den heutigen Mitgliedsstaaten der EU die …
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This paper discusses the eastward enlargement process of the EU in the framework of a simple war of attrition … bargaining game. Both players - the existing EU members and the applicants - benefit from enlargement, yet for the applicants … reform to the acquis is costly, while the EU prefers substantially reformed candidates. A waiting game unfolds. Within this …
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According to the traditional 'optimum currency area' approach, not much will be lost from a very hard peg to a currency union if there has been little reason for variations in the exchange rate. This paper takes a different approach and highlights the fact that high exchange rate volatility may...
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