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Author: Publisher: ISBN: Category : Business & Economics Languages : en Pages : 102
Book Description
A survey of the current empirical literature on the potential impact of economic monetery union (EMU) on the Cohesion economies. The Cohesion economies being the economies of the countries whose gross national product is below 90% of the Community average and follow an economic convergence programme and are therefore eligible for assistance from the Cohesion Fund. At present only Spain, Greece, Ireland and Portugal qualify. The report examines adjustment costs and benefits of enhanced stability from EMU; impact of the loss of the nominal exchange rate as an instrument of economic policy; the potential long-term effects of lower transactions costs following EMU.
Author: Publisher: ISBN: Category : Business & Economics Languages : en Pages : 102
Book Description
A survey of the current empirical literature on the potential impact of economic monetery union (EMU) on the Cohesion economies. The Cohesion economies being the economies of the countries whose gross national product is below 90% of the Community average and follow an economic convergence programme and are therefore eligible for assistance from the Cohesion Fund. At present only Spain, Greece, Ireland and Portugal qualify. The report examines adjustment costs and benefits of enhanced stability from EMU; impact of the loss of the nominal exchange rate as an instrument of economic policy; the potential long-term effects of lower transactions costs following EMU.
Author: Ash Amin Publisher: Routledge ISBN: 1134790821 Category : Business & Economics Languages : en Pages : 392
Book Description
The vision of the original arhitects of the European Community was to create a Europe of economic prosperity and social harmony. Economic integration has come ever closer, but sustained growth and a reduction in social disparities seen as far away as ever. This book examines the prospects for the real cohesion in Europe and find that, far from promroting it, many of the Community's current policies are divisive. The neo-liberal philosophy at the moment is producing policies which favour relatively wealthy regions and major corporations at the expense of less favoured regions and peoples.
Author: William Mitchell Publisher: Edward Elgar Publishing ISBN: 9781781956366 Category : Business & Economics Languages : en Pages : 280
Book Description
This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the ECB and the Stability and Growth Pact.
Author: Valeria De Bonis Publisher: Springer Science & Business Media ISBN: 3642515266 Category : Business & Economics Languages : en Pages : 181
Book Description
The treaty of Maastricht envisages the full economic and monetary union in Europe. With increasing real and monetary integration policy decisions in individual member countries tend to have a growing impact on the other member countries of the European Community. Against this background the following study analyses within a unified theoretical framework the impact of monetary and fiscal policy pursued by one country on its own macroeconomic performance as well as on those of the other member countries and of the rest of the world. The analysis contrasts the cases of a small and a large European union relative to the rest of the world and distinguishes very clearly between the short-run, the medium-run and the long-run effects. Based on this the consequences for union cohesion and the scope for policy coordination are discussed. Since the analytical framework is defined by a three country model many results from the traditional policy coordination literature which relies on two country models are qualified. In contrasts to most previous research in this area particular attention is paid to the implications of asymmetries between the EC member countries. Furthermore, the structural parameters are in some instances not taken as given but as responsive to the integration process. In this context numerous links to the traditional literature on optimal currency areas are established and interesting implications for union cohesion during the transition are derived.
Author: Ewald Nowotny Publisher: Edward Elgar Publishing ISBN: 1789902606 Category : Languages : en Pages : 192
Book Description
Amid formidable challenges, Europe’s future depends not least on the capacity of its economies to converge toward their better performing peers. Dissecting the complexity of cohesion, this book analyzes which dimensions matter most for the smooth functioning of Economic and Monetary Union (EMU) and for the (income) convergence of Central, Eastern and Southeastern European (CESEE) countries. Central bankers, policy-makers and academics discuss how to best advance the catching-up process and look into EU structural and cohesion policies, critically assessing their contribution to economic and social development.
Author: Achille Hannequart Publisher: Routledge ISBN: 1134962886 Category : Business & Economics Languages : en Pages : 267
Book Description
With discussions of a full internal market within the EC finally reaching fruition, and regular intergovernmental talks advancing the ideas of economic, monetary and perhaps eventually political union, economic and social cohesion has become a major objective of Community policy.Regional disparities remain a hard fact of Community life. Although th
Author: Jorgen Mortensen Publisher: Springer ISBN: 1349234389 Category : Business & Economics Languages : en Pages : 250
Book Description
This book gives a clear insight into the EC's efforts to reduce regional inequalities in Europe, assessing the effectiveness of key EC policies such as the structural funds. It also analyses regional income disparities within the EC, the effects of economic integration on Europe's poorer areas and the strategic options of the less-developed regions and countries in Europe. The effects of the Single Market, the Common Agricultural Policy and Economic and Monetary Union (EMU) on poorer EC areas are also evaluated.
Author: Wim Meeusen Publisher: Edward Elgar Publishing ISBN: 9781782542339 Category : Political Science Languages : en Pages : 280
Book Description
'This book is a very good consideration of the uncertainties and difficulties involved in the intervention of EU institutions in Europe.' - Dominique Redor, ECSA Review Economic Policy in the European Union analyses the key issues confronting Europe as we enter the 21st century. It focuses mainly on the transition problems linked with the creation of European Monetary Union as well as more specific issues such as social, labour, environmental and science and technology policy.
Author: Julian Hoffmeister Publisher: GRIN Verlag ISBN: 3668036403 Category : Political Science Languages : en Pages : 26
Book Description
Seminar paper from the year 2014 in the subject Politics - Topic: Globalization, Political Economics, grade: 1,0, University of Hamburg (Department of Economics), course: Globalization, Development, Poverty & Inequality, language: English, abstract: In recent years there has been a growing concern about inequality in Europe among politicians, economists and the population. In 2013 in her speech at the World Economic Forum in Davos, Christine Lagarde underpinned the importance of equal distribution by saying that "Excessive inequality is corrosive to growth; it is corrosive to society. I believe that the economics profession and the policy community have downplayed inequality for too long. Now all of us - including the IMF - have a better understanding that a more equal distribution of income allows for more economic stability, more sustained economic growth, and healthier societies with stronger bonds of cohesion and trust."
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Author: Ash Amin
Author: William Mitchell
Author: Valeria De Bonis
Author: Ewald Nowotny
Author: Achille Hannequart
Author: Jorgen Mortensen
Author: Wim Meeusen
Author: Julian Hoffmeister
Author: Coopers & Lybrand