The order and modalities of cross-member state redistribution as well as the net financial position of the member states are one of the most widely discussed aspects of European integration. The paper addresses selected issues in the current debate on the EU budget for the period 2007 to 2013...

While many studies have documented deviations from the Law of One Price in international settings, evidence is scarce on the extent to which consumers take advantage of price differentials and engage in cross border shopping. We use data from 287 Swedish municipalities to estimate how responsive...

The paper reviews and evaluates in a non-technical manner the economic and political arguments for and against the two fiscal convergence criteria written into the Treaty of Maastricht and its Protocols. In order to qualify for full membership in Economic and Monetary Union (EMU), net general...

The so-called Constitutional Treaty (CT) of the EU, currently in the middle of the ratification process, is seen by its advocates as a major step for the advancement of European integration, conciliating simultaneously a democratic deepening, a more efficient decision- making process in the EU,...

The aim of the paper is firstly provision of an analysis of the perception of the EU a year after the accession. It is shown that the population of the Czech Republic is shortly after accession rather sceptic about the EU integration. This serves as a context for a discussion the European...

The governance of tax policy is one of the key issues that must be resolved by the new Constitution. Taxation is an area in which the tension between subsidiarity and coordination is acute. This paper reviews recent Union policy alongside an analysis of the underlying economic issues. The...

A theoretical framework for the analysis and design of a European System of Private Laws and Regulations is presented. Since private laws also encompass a considerable amount of mandatory legal rules (increasingly fuzzy distinction between public and private law), both traditional private law...

Az úgynevezett lisszaboni folyamat az Európai Unió fontos kezdeményezése, amelyet rejtélyek öveznek. Ez a tíz évre, az EU egészére szóló stratégia olyan nagyra törő célokat fogalmaz meg, amelyek eddig csak a központi tervezésű gazdaságokra voltak jellemzők. Szakmai...

Europe's monetary union is part of a broader process of integration that started in the aftermath of World War II. In this "political guide for economists" we look at the creation of the euro within the bigger picture of European integration. How and why were European institutions established?...

The paper analyzes the conditions under which the smaller of two otherwise identical countries prefers the non-cooperative Nash equilibrium to a situation of fully harmonized tax rates. A standard two-country model of capital tax competition is extended by allowing for transaction costs,...