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Author : Marco Buti
Publisher :
ISBN 13 :
Total Pages : 32 pages
Book Rating : 4.3/5 ( download)
Download or read book "Constrained Flexibility" as a Tool to Facilitate Reform of the EU Budget written by Marco Buti and published by . This book was released on 2008 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Daniel Gros
Publisher : CEPS
ISBN 13 : 9290797835
Total Pages : 25 pages
Book Rating : 4.2/5 (97 download)
Download or read book How to Achieve a Better Budget for the European Union? written by Daniel Gros and published by CEPS. This book was released on 2008 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades the EU has widened and deepened to such an extent that it now deals in almost all areas of policy-making. Its budget, however, has barely changed over this period. It thus needs to be radically reformed if it is to reflect the priorities of an expanding and deepening Union. Over 40% of spending still supports agriculture, a declining sector; spending for research and innovation, recognised as the main driving force of productivity growth, is too low, and there is no room in the budget for the new public goods of domestic and external security that the public demands. However, the budget is determined through an inter-governmental negotiation in which no entity defends the over-arching European interest since all countries (rationally) care only about their 'net balance'. Radical changes in budgetary decision-making procedures are no longer possible since the Reform Treaty, now in the ratification process, essentially cemented a procedure that combines the primacy of national interests with a very strong status quo bias. The latter arises because in the absence of a unanimous agreement on new priorities the old budget automatically continues to apply. If this status quo bias cannot be broken major reforms become virtually impossible. The forthcoming mid-term review of the budget should be used to achieve political agreement on breaking the status quo bias by introducing 'sunset' clauses, which stipulate that major spending programmes will be discontinued after a certain period of time unless their usefulness can be ascertained and a new agreement reached allowing their continuation. Movement in the right direction can thus start immediately, even within the present legal framework, especially if Parliament uses its influence to push for a better allocation of expenditure.
Author : Laura González Cabanillas
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.3/5 ( download)
Download or read book The Great Moderation in the Euro Area written by Laura González Cabanillas and published by . This book was released on 2008 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most OECD countries have experienced a sharp reduction in the volatility of output and inflation over the past three decades. Although this great moderation process has stirred considerable interest in economic and policy circles, research on its causes has so far tended to focus on the US economy and has produced relatively little empirical evidence on the euro area or other non-US OECD countries. This paper contributes to fill in the gap by providing a euro-area view of the great moderation process and by assessing the euro-area experience against developments in other OECD countries. Its main focus is on the possible role of macroeconomic policies. After reviewing a set of key stylised facts of the fall in output growth volatility in the euro area, the paper discusses the possible channels through which economic policies may have contributed to the great moderation and presents the results of an econometric panel analysis of the determinants of output growth volatility. Its main conclusion is that the great moderation is not just the result of a long period of luck in the form of milder shocks but can also partly be ascribed to changes in economic policies, in particular improvements in the conduct of monetary policy and, to a lesser extent, more powerful automatic fiscal stabilisers. In particular, reflecting considerably worse starting positions, improvements in the conduct of monetary policies have been much larger in several Member States than in the US over the past three decades, bringing larger gains in terms of output stability. To a lesser degree, stronger automatic stabilisers also seem to have contributed to the moderation of output fluctuations in some euro-area countries.
Author : Karel Havik
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.3/5 ( download)
Download or read book The EU-US Total Factor Productivity Gap written by Karel Havik and published by . This book was released on 2008 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 568 pages
Book Rating : 4.:/5 (334 download)
Download or read book Economic Papers written by and published by . This book was released on 1981 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Francesca D'Auria
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.3/5 ( download)
Download or read book Economic Impact of Migration Flows Following the 2004 EU Enlargement Process written by Francesca D'Auria and published by . This book was released on 2008 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : F. Ilzkovitz
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.3/5 ( download)
Download or read book An Analysis of the Possible Causes of Product Market Malfunctioning in the EU written by F. Ilzkovitz and published by . This book was released on 2008 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within the context of the follow-up to the single market review, the European Commission has screened EU manufacturing and service sectors for problems of market malfunctioning. This paper investigates the nature of these problems in the 23 selected sectors and focuses on the following four dimensions of market functioning: regulation, integration, competition and innovation. In spite of the data limitations, regulation appears to be a cross-cutting factor affecting market functioning in many sectors. The service sectors, in particular, show signs of an unexploited potential in terms of market integration and competition pressures. In all selected sectors there are indications of an unsatisfactory innovation performance. Overall, the analysis appears to confirm the results of the initial sector screening.
Author : Petra M. Geraats
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)
Download or read book ECB Credibility and Transparency written by Petra M. Geraats and published by . This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jose Leandro
Publisher :
ISBN 13 :
Total Pages : 122 pages
Book Rating : 4.3/5 ( download)
Download or read book Adjustment Capacity of Labour Markets of the Western Balkan Countries written by Jose Leandro and published by . This book was released on 2008 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Los países analizados en el vol. II son: Eslovenia, Rumanía, Albania, Bosnia y Herzegovina, Croacia, la Antigua República Yugoslava de Macedonia, Kosovo, Montenegro y Serbia.
Author : Giuseppe Bertola
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 ( download)
Download or read book Labour Markets in EMU written by Giuseppe Bertola and published by . This book was released on 2008 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper reviews theoretical and empirical aspects of the interaction between Europe's Economic and Monetary Union and recent labour market developments. Policies meant to increase and stabilize labour incomes also tend to reduce employment and productivity, theory suggests that the latter effects should be sharper and more relevant within an integrated market area, making it harder for National policy makers to address the consequences of financial and other market imperfections. Empirical patterns of policy and outcome indicators in member and non-member countries of EMU are consistent with that theoretical mechanism. In the data, tighter economic integration is associated with better employment performance, substantial deregulation, sharper disemployment effects of remaining regulatory differences, and somewhat higher inequality and larger private financial market volume."--Publication information page.
Author :
Publisher :
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.3/5 ( download)
Download or read book Adjustment Capacity of Labour Markets of the Western Balkan Countries written by and published by . This book was released on 2008 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Lieven Baele
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.3/5 ( download)
Download or read book Time-varying Integration, the Euro and International Diversification Strategies written by Lieven Baele and published by . This book was released on 2008 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Pak (Yǒng-jǒl)
Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.3/5 ( download)
Download or read book Monetary and Financial Integration in East Asia: the Relevance of European Experience written by Pak (Yǒng-jǒl) and published by . This book was released on 2008 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book analyses the Asian experience from both Asian and European perspectives.
Author : Maurice Adams
Publisher : Bloomsbury Publishing
ISBN 13 : 1782254196
Total Pages : 517 pages
Book Rating : 4.7/5 (822 download)
Download or read book The Constitutionalization of European Budgetary Constraints written by Maurice Adams and published by Bloomsbury Publishing. This book was released on 2014-12-01 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recently enacted Treaty on the Stability, Coordination and Governance of the Economic and Monetary Union (generally referred to as the Fiscal Compact) has introduced a 'golden rule', which is a detailed obligation that government budgets be balanced. Moreover, it required the 25 members of the EU which signed the Treaty in March 2012, to incorporate this 'golden rule' within their national Constitutions. This requirement represents a major and unprecedented development, raising formidable challenges to the nature and legitimacy of national Constitutions as well as to the future of the European integration project. This book analyses the new constitutional architecture of the European Economic and Monetary Union (EMU), examines in a comparative perspective the constitutionalization of budgetary rules in the legal systems of the Member States, and discusses the implications of these constitutional changes for the future of democracy and integration in the EU. By combining insights from law and economics, comparative institutional analysis and legal theory, the book offers a comprehensive survey of the constitutional incorporation of new fiscal and budgetary rules across Europe and a systematic normative discussion of the legitimacy issues at play. It thus contributes to a better understanding of the Euro-crisis, of the future of the EU, and the reforms needed towards a deeper and genuine EMU.
Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464814414
Total Pages : 254 pages
Book Rating : 4.4/5 (648 download)
Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Author : Lars Jonung
Publisher :
ISBN 13 :
Total Pages : 84 pages
Book Rating : 4.3/5 ( download)
Download or read book The Great Financial Crisis in Finland and Sweden written by Lars Jonung and published by . This book was released on 2008 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper explores the anatomy of the boom, deep depression and recovery in the Finnish and Swedish economies in the period 1985-2000. These fifteen years are divided into three phases: (1) financial liberalization and the boom and the overheating of 1985-90, (2) the outbreak and spread of the crisis to all sectors of the economy in 1990-92, and (3) the recovery 1993-2000. Each period is analyzed separately."--Publication information page.
Author : CASE (Organization : Warsaw, Poland)
Publisher :
ISBN 13 :
Total Pages : 406 pages
Book Rating : 4.3/5 ( download)
Download or read book The Economic Aspects of the Energy Sector in CIS Countries written by CASE (Organization : Warsaw, Poland) and published by . This book was released on 2008 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1. Introduction - 2. Literature survey - 3. Energy sector and its macroeconomic importance in CIS - 4. Key macroeconomic issues related to energy sector functioning - 5. CIS role for the EU energy supply - 6. Strategies and policy options for the energy sector development in the CIS region.
