The Enlargement Of The European Union And The Behavior Of Real Exchange Rates

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Enlargement of the European Union

Author : Allan F. Tatham
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041144358
Total Pages : 594 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis Enlargement of the European Union by : Allan F. Tatham

Download or read book Enlargement of the European Union written by Allan F. Tatham and published by Kluwer Law International B.V.. This book was released on 2009-01-26 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of EU enlargement has raised many thorny issues unanticipated by the framers of the EC Treaty. A significant upshot of these issues is that the concept of European identity – defined in terms of such factors as culture, history and economics – has supplanted the long-dominant theme of ‘widening and deepening,’ particularly since the Union’s expansion has become primarily eastward. The major contribution of this important book lies in its analysis of the conceptualization and perception of enlargement from various points of view, focusing on the concerns of stakeholders and the ‘identity’ conflicts and uncertainties incurred by enlargement initiatives. In the course of its presentation, it details the actual pre-accession Europeanization process and its complex history. Among the key elements discussed are the following: the conflict between ‘widening’ and ‘deepening’ and the effect on EU institutional reform; institutional requirements on candidate countries; pre-accession criteria and negotiations; administrative capacity, judicial capacity, and legal approximation in accession states; capacity of the EU to absorb new Member States; and EC law as part of European identity. Also covered are specific historical details of particular pre-accession negotiations (e.g., Greece, Spain, Portugal, Malta, and Cyprus), the still inconclusive negotiations with Turkey and the Western Balkan states, and political factors involved in the non-accession of Norway, Iceland and Switzerland. Assembling powerful evidence and applying incisive analysis, the author’s conclusion shows that, absent further (and major) EU institutional reform, it will be difficult for an enlarging Union to continue to ‘deliver the goods.’ A watershed in the continuing great debate on the fulfilment of the EC Treaty’s determination to foster and promote ‘an ever closer union of the peoples of Europe,’ this book will prove invaluable to anybody interested in the European integration project, particularly lawyers, academics, officials and policymakers in the EU Member States.

Emigration and Its Economic Impact on Eastern Europe

Author : Mr.Ruben Atoyan
Publisher : International Monetary Fund
ISBN 13 : 1498367453
Total Pages : 48 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Emigration and Its Economic Impact on Eastern Europe by : Mr.Ruben Atoyan

Download or read book Emigration and Its Economic Impact on Eastern Europe written by Mr.Ruben Atoyan and published by International Monetary Fund. This book was released on 2016-07-20 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While emigration has likely benefited migrants themselves, the receiving countries and the EU as a whole, its impact on sending countries’ economies has been largely negative. The analysis suggests that labor outflows, particularly of skilled workers, lowered productivity growth, pushed up wages, and slowed growth and income convergence. At the same time, while remittance inflows supported financial deepening, consumption and investment in some countries, they also reduced incentives to work and led to exchange rate appreciations, eroding competiveness. The departure of the young also added to the fiscal pressures of already aging populations in Eastern Europe. The paper concludes with policy recommendations for sending countries to mitigate the negative impact of emigration on their economies, and the EU-wide initiatives that could support these efforts.

The Regionalization of the World Economy

Author : Jeffrey A. Frankel
Publisher : University of Chicago Press
ISBN 13 : 0226260224
Total Pages : 295 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis The Regionalization of the World Economy by : Jeffrey A. Frankel

Download or read book The Regionalization of the World Economy written by Jeffrey A. Frankel and published by University of Chicago Press. This book was released on 2007-12-01 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional economic arrangements such as free trade areas (FTAs), customs unions, and currency blocs, have become increasingly prevalent in the world economy. Both pervasive and controversial, regionalization has some economists optimistic about the opportunities it creates and others fearful that it may corrupt fragile efforts to encourage global free trade. Including both empirical and theoretical studies, this volume addresses several important questions: Why do countries adopt FTAs and other regional trading arrangements? To what extent have existing regional arrangements actually affected patterns of trade? What are the welfare effects of such arrangements? Several chapters explore the economic effects of regional arrangements on patterns of trade, either on price differentials or via the gravity model on bilateral trade flows. In addition, this book examines the theoretical foundation of the gravity model. Making extensive use of the gravity model of bilateral trade, several chapters explore the economic effects of regional arrangements. In addition, this book examines the theoretical foundation of the gravity model.

The Strategic Implications of European Union Enlargement

Author : Esther Brimmer
Publisher : Center for Transatlantic Relations Sais
ISBN 13 :
Total Pages : 432 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Strategic Implications of European Union Enlargement by : Esther Brimmer

Download or read book The Strategic Implications of European Union Enlargement written by Esther Brimmer and published by Center for Transatlantic Relations Sais. This book was released on 2005 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enlargement will change the nature of the European Union, but how will it affect international affairs? The EU and its member states command significant economic resources and have launched a Common Foreign and Security Policy. Yet the demands of taking on ten new countries, concluding a constitutional treaty to accommodate decisionmaking, and dissipating acrimony after the war in Iraq, all complicate efforts to develop and enhance the EU's international presence. This book considers the impact of enlargement with respect to the EU's perception of its international role in specific geographical regions. The contributors discuss a range of global issues, including the environment, food policies, development, terrorism, and the use of force. Contributors include Stefan Fröhlich (University of Erlangen-Nuremberg), Hanna Ojanen and Kristi Raik (Finnish Institute of International Affairs), Ulrike Guerot (German Marshall Fund Berlin Office), Stanislaw Tekieli (Center for Eastern Studies, Warsaw), Michael Leigh (European Commission Directorate General for External Affairs), Henri Barkey (Lehigh University), Anne-Marie LeGloannec (Centre d'Etudes et de Recherches Internationales, Foundation Nationale des Sciences Politiques), Stanislav Tkachenko (St. Petersburg University), Nicolae Idu (European Institute of Romania), Ulrich Weisser, Esther Brimmer, Chantal de Jonge Oudraat, and David Michel, (Center for Transatlantic Relations, Johns Hopkins -SAIS), Daniel Gros (CEPS), Angel Ubide (Tudor Investments), Patrick Cronin (CSIS), and Antonio Missoroli (EU Institute for Security Studies).

Southern Economic Journal

Author :
Publisher :
ISBN 13 :
Total Pages : 616 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Southern Economic Journal by :

Download or read book Southern Economic Journal written by and published by . This book was released on 2008 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Comparisons of Real Product and Purchasing Power

Author : Irving B. Kravis
Publisher : Johns Hopkins University Press
ISBN 13 :
Total Pages : 288 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis International Comparisons of Real Product and Purchasing Power by : Irving B. Kravis

Download or read book International Comparisons of Real Product and Purchasing Power written by Irving B. Kravis and published by Johns Hopkins University Press. This book was released on 1978 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of the United Nations International Comparison Project (ICP) is to compare the purchasing power of currencies and the real gross domestic product (GDP) per capita of different countries. It is well known that the usual method of converting the GDPs of different countries to a common currency, usually U.S. dollars, at existing exchange rates is misleading because exchange rates do not necessarily reflect the purchasing power of currencies. The ICP has found that the purchasing power of a country's currency over GDP can be as much as three times its dollar exchange rate, and thus the real GDP per capita is three times the value shown in an exchange-rate conversion. The unsatisfactory nature of exchange-rate conversions has become even clearer in the past few years under the new regime of managed floating rates. Changes in exchange rates of as much as 20 percent within the space of a year have not been unusual even among major currencies.

Reviewing European Union Accession

Author : Tom Hashimoto
Publisher : Martinus Nijhoff Publishers
ISBN 13 : 9004352074
Total Pages : 348 pages
Book Rating : 4.0/5 (43 download)

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Book Synopsis Reviewing European Union Accession by : Tom Hashimoto

Download or read book Reviewing European Union Accession written by Tom Hashimoto and published by Martinus Nijhoff Publishers. This book was released on 2017-09-25 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The year 2017 has been an uneasy one for the EU, with so-called Brexit on the horizon and the rise of populist euroskepticism in a number of Member States. This year, with the tenth anniversary of the Romanian and Bulgarian accession to the Union, is a good year to pause and reflect over the life and future of the Union. In this work, we envision the next decade with Europe 2020 strategy and review the fruits of the 2004 accession in Central and Eastern Europe. What has the Union achieved? Which policy areas are likely to change and how? How successful, and by what measure, has the accession of the 10 Member States in 2004 been? Reviewing European Union Accession addresses a wide range of issues, deliberately without any thematic constraints, in order to explore EU enlargement from a variety of perspectives, both scientific and geographical, internal and external. In contrast to the major works in this field, we highlight the interrelated, and often unexpected, nature of the integration process – hence the subtitle, unexpected results, spillover effects and externalities.

European Union at the Crossroads

Author : Christos C. Paraskevopoulos
Publisher : Cheltenham, UK : Edward Elgar
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis European Union at the Crossroads by : Christos C. Paraskevopoulos

Download or read book European Union at the Crossroads written by Christos C. Paraskevopoulos and published by Cheltenham, UK : Edward Elgar. This book was released on 1998 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of two volumes emerging from an August 1996 conference in Athens, Greece. Economists from several countries on four continents analyze issues facing the European Union as it slouches toward monetary union and enlargement. Economic theorists, empirical social scientists, policymakers, and informed general readers might find something of interest among the diverse methodologies and perspectives. The 12 papers cover whether Europe is ready for monetary union, policy and political aspects, and lessons from the Union's previous enlargements into Scandinavian and Mediterranean realms. Annotation copyrighted by Book News, Inc., Portland, OR

Europe's Foreign and Security Policy

Author : Michael E. Smith
Publisher : Cambridge University Press
ISBN 13 : 9780521538619
Total Pages : 312 pages
Book Rating : 4.5/5 (386 download)

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Book Synopsis Europe's Foreign and Security Policy by : Michael E. Smith

Download or read book Europe's Foreign and Security Policy written by Michael E. Smith and published by Cambridge University Press. This book was released on 2004 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of a common security and foreign policy has been one of the most contentious issues accompanying the integration of the European Union. In this book, Michael Smith examines the specific ways foreign policy cooperation has been institutionalized in the EU, the way institutional development affects cooperative outcomes in foreign policy, and how those outcomes lead to new institutional reforms. Smith explains the evolution and performance of the institutional procedures of the EU using a unique analytical framework, supported by extensive empirical evidence drawn from interviews, case studies, official documents and secondary sources. His perceptive and well-informed analysis covers the entire history of EU foreign policy cooperation, from its origins in the late 1960s up to the start of the 2003 constitutional convention. Demonstrating the importance and extent of EU foreign/security policy, the book will be of interest to scholars, researchers and policy-makers.

The Transformation of the European Financial System

Author : Vitor Gaspar
Publisher :
ISBN 13 : 9789291813483
Total Pages : 334 pages
Book Rating : 4.8/5 (134 download)

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Book Synopsis The Transformation of the European Financial System by : Vitor Gaspar

Download or read book The Transformation of the European Financial System written by Vitor Gaspar and published by . This book was released on 2003-01-01 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Eastern Enlargement of the Eurozone

Author : Marek Dabrowski
Publisher : Springer Science & Business Media
ISBN 13 : 0387257667
Total Pages : 239 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis The Eastern Enlargement of the Eurozone by : Marek Dabrowski

Download or read book The Eastern Enlargement of the Eurozone written by Marek Dabrowski and published by Springer Science & Business Media. This book was released on 2006-07-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Eastern Enlargement of the EU will not be complete until the new member states join the EMU. Economic and political economy arguments point to fast EMU accession of new member states. Failure to do so will create a two speed Europe, a fundamental change in the economic and political architecture of the EU, adding to the strains already evident between core and peripheral countries. Current high level of trade and business cycle integration of new member states with the Eurozone, decreases the probability of asymmetric shocks. Lower transaction costs, elimination of exchange rate risk and the danger of currency crises, further trade and investment creation, lower interest rates and large fiscal gains, should outweigh the loss of the exchange rate as adjustment tool. The Eastern Enlargement of the Eurozone provides comprehensive economic analysis of theoretical, empirical and political issues that will determine whether EMU enlargement is a success, which has implications for all common currency systems.

Economic Convergence in the Euro Area: Coming Together or Drifting Apart?

Author : Mr.Jeffrey R. Franks
Publisher : International Monetary Fund
ISBN 13 : 1484338499
Total Pages : 47 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Economic Convergence in the Euro Area: Coming Together or Drifting Apart? by : Mr.Jeffrey R. Franks

Download or read book Economic Convergence in the Euro Area: Coming Together or Drifting Apart? written by Mr.Jeffrey R. Franks and published by International Monetary Fund. This book was released on 2018-01-23 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence of inflation and interest rates, real convergence of per capita income levels has not occurred among the original euro area members since the advent of the common currency. Income convergence stagnated in the early years of the common currency and has reversed in the wake of the global economic crisis. New euro area members, in contrast, have seen real income convergence. Business cycles became more synchronized, but the amplitude of those cycles diverged. Financial cycles showed a similar pattern: sychronizing more over time, but with divergent amplitudes. Income convergence requires reforms boosting productivity growth in lagging countries, while cyclical and financial convergence can be enhanced by measures to improve national and euro area fiscal policies, together with steps to deepen the single market.

Tragedy of the Euro, The

Author : Philipp Bagus
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610163168
Total Pages : 159 pages
Book Rating : 4.6/5 (11 download)

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Book Synopsis Tragedy of the Euro, The by : Philipp Bagus

Download or read book Tragedy of the Euro, The written by Philipp Bagus and published by Ludwig von Mises Institute. This book was released on 2010 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Growth Report

Author : Commission on Growth and Development
Publisher : World Bank Publications
ISBN 13 : 0821374923
Total Pages : 198 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis The Growth Report by : Commission on Growth and Development

Download or read book The Growth Report written by Commission on Growth and Development and published by World Bank Publications. This book was released on 2008-07-23 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Equilibrium Exchange Rates in Transition Economies

Author : Balázs Égert
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (9 download)

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Book Synopsis Equilibrium Exchange Rates in Transition Economies by : Balázs Égert

Download or read book Equilibrium Exchange Rates in Transition Economies written by Balázs Égert and published by . This book was released on 2004 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Resolving Controversy in the European Union

Author : Robert Thomson
Publisher : Cambridge University Press
ISBN 13 : 1139505173
Total Pages : 339 pages
Book Rating : 4.1/5 (395 download)

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Book Synopsis Resolving Controversy in the European Union by : Robert Thomson

Download or read book Resolving Controversy in the European Union written by Robert Thomson and published by Cambridge University Press. This book was released on 2011-09-15 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does the EU resolve controversy when making laws that affect citizens? How has the EU been affected by the recent enlargements that brought its membership to a diverse group of twenty-seven countries? This book answers these questions with analyses of the EU's legislative system that include the roles played by the European Commission, European Parliament and member states' national governments in the Council of Ministers. Robert Thomson examines more than 300 controversial issues in the EU from the past decade and describes many cases of controversial decision-making as well as rigorous comparative analyses. The analyses test competing expectations regarding key aspects of the political system, including the policy demands made by different institutions and member states, the distributions of power among the institutions and member states, and the contents of decision outcomes. These analyses are also highly relevant to the EU's democratic deficit and various reform proposals.

Economics of Monetary Union

Author : Paul de Grauwe
Publisher : Oxford University Press, USA
ISBN 13 : 0199297800
Total Pages : 293 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Economics of Monetary Union by : Paul de Grauwe

Download or read book Economics of Monetary Union written by Paul de Grauwe and published by Oxford University Press, USA. This book was released on 2007 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The seventh edition of 'Economics of Monetary Union' provides a concise analysis of the theories and policies relating to monetary union. De Grauwe analyses the costs and benefits associated with having one currency as well as the practical workings and current issues involved with the Euro. In the first part of the book the author considers the implications of joining a monetary union through discussion based on an economic cost-benefit analysis. The second part of the book looks at the reality of monetary unions by analysing Europe's experiences, such as how the European Central Bank was designed to conduct a single monetary policy. The seventh edition has been revised to include more discussion of monetary unions outside Europe and, to reflect this fast-moving area, updated coverage of new member states in transition and an updated discussion of the stability pact. Online Resource Centre An online resource centre, featuring supplements for lecturers including PowerPoint slides and an instructor manual, has been updated for this edition.