Council Recommendation of ... on the Broad Guidelines of the Economic Policies of the Member States and of the Community PDF Download

Author: Council of the European Union
Publisher:
ISBN:
Category : European Union countries
Languages : en
Pages : 128

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Author: Council of the European Union. General Secretariat
Publisher:
ISBN: 9789282430026
Category : European Union countries
Languages : en
Pages : 92

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Text is that of Council Recommendation 2003/555/EC (OJ L 195, 1.8.2003, pp. 1-54).

Author:
Publisher:
ISBN:
Category : European Economic Community countries
Languages : en
Pages : 616

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Author: Theodore Pelagidis
Publisher: Brookings Institution Press
ISBN: 0815725760
Category : Business & Economics
Languages : en
Pages : 191

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Two Greek economic analysts explain the Greek financial crisis—from beginning to end. The first section of Greece: From Exit to Recovery? explores the lead up to to Greece's adoption of the euro. Authors Theodore Pelagidis and Michael Mitsopoulos believe that the ensuing challenges were foreseeable. In fact, the authors posit that it was Greece's difficultly in dealing with those challenges that sparked the euro crisis. Section II analyzes discrete sectors of the economy, paying special attention to labor and finance—and the mistakes creditors made in focusing on reducing Greek incomes—rather than increasing competitiveness on non-labor costs. Section III investigates why Greek companies spend relatively little on research and development.? The authors' analysis indicates that policy decisions largely determine R&D performance in the private sector, and they advance a number of specific policy proposals to improve the situation.

Author:
Publisher:
ISBN: 9789289450867
Category : European Union countries
Languages : en
Pages : 333

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Author: J. Ferreiro
Publisher: Springer
ISBN: 0230228267
Category : Business & Economics
Languages : en
Pages : 235

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This book provides a comprehensive analysis of national fiscal policies in the European Union and in the European Monetary Union. Adopting a critical perspective, the book offers a deep insight into the consequences of the current strategy of national fiscal policies on economic activity.

Author: W. Bienkowski
Publisher: Springer
ISBN: 0230228232
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
This book brings together a wide range of policy experts from both old and new European Union member states, as well as from the US, and presents their insights, observations and research on the future of economic and social models in Europe. This book is an essential companion for all interested in this key issue.

Author: Belgin Akçay
Publisher: Rowman & Littlefield
ISBN: 0739179810
Category : Law
Languages : en
Pages : 354

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Although Turkey has a long-held aspiration for European Union membership and has been a candidate for more than a decade, relations between the EU and Turkey have not received the attention it deserves from non-Turkish researchers thus far, and consequently the international literature on EU-Turkey relations is rather limited. In light of recent global economic and political challenges for the EU and Turkey, a need has emerged for an interdisciplinary approach to study EU-Turkey relations within the wider international political and economic context. Turkey's Accession to the European Union: Political and Economic Challenges, edited by Belgin Ak ay and Bahri Yilmaz, provides a timely overview of some of the most important issues and debates in the changing context of Europe, the change in domestic politics and foreign policy in Turkey, and the likely implications of these changes and developments for EU-Turkey relations. Within this framework, this collection includes articles emphasizing Turkey's reform process with a view to EU accession, despite EU's reservations about "absorbing" Turkey and the eventual decoupling of the Turkish reform process from European integration, as well as searching for alternative forms of cooperation or transitional arrangements which may be possible for Turkey at the time of accession.

Author: Daniel Gros
Publisher: CEPS
ISBN: 9789290794721
Category : Economic stabilization
Languages : en
Pages : 60

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"This special report by the CEPS Macroeconomic Policy Group (MPG) is concerned with the implementation of the prohibition of excessive deficits contained in the Treaty of Maastricht via the Stability and Growth Pact. Specifically, it deals with the controversy that was provoked by the failure of the ECOFIN Council of 25 November 2003, to endorse recommendations of the European Commission to put France and Germany on notice that they had violated the Treatys prohibition of excessive deficits"--CEPS website.

Author: Armin Steinbach
Publisher: Routledge
ISBN: 1317689615
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
The European debt crisis has given new impetus to the debate on economic policy coordination. In economic literature, the need for coordination has long been denied based on the view that fiscal, wage and monetary policy actors should work independently. However, the high and persistent degree of macroeconomic disparity within the EU and the absence of an optimum currency area has led to new calls for examining policy coordination. This book adopts an institutional perspective, exploring the incentives for policymakers that result from coordination mechanisms in the fields of fiscal, monetary and wage policy. Based on the concept of externalities, the work examines cross-border spillovers (e.g. induced by fiscal policy) and cross-policy spillovers (e.g. between fiscal and monetary policies), illuminating how they have empirically changed over time and how they have been addressed by policymakers. Steinbach introduces a useful classification scheme that distinguishes between vertical and horizontal coordination as well as between cross-border and cross-policy coordination. The author discusses farther-reaching forms of fiscal coordination (e.g. debt limits, insolvency proceedings, Eurobonds) with special attention to how principals of state organization affect their viability. Federal states and Bundesstaaten differ in the incentives they offer for debt accumulation – and thus in their suitability for fiscal coordination. Steinbach finds that the originally strict separation between policy areas has undergone significant change during the debt crisis. Indeed, recent efforts to coordinate policy are no longer limited to one policy area, but now extend to several areas. Steinbach argues that further fiscal policy coordination can be effectively deployed to address policy externalities, but that the coordination mechanisms used must match the form of state organization in the first place. Regarding wage policies, there are significant barriers to coordination. Notwithstanding some empirical successes in the implementation of a productivity-oriented wage policy, the high heterogeneity of national wage-setting institutions is likely to prevent any wage coordination.