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"This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10003429626
European Union (EU), had successfully completed negotiations and fulfilled all accession requirements, taken membership in the … European Economic Area (with full access to the Single Market), but decided in a referendum to reject full-fledged EU … politically driven economic benefits from EU membership: if Norway had joined the EU in 1995, productivity levels between 1995 and …
Persistent link: https://www.econbiz.de/10011281605
European Union (EU) in the 1973, 1980s, 1995 and 2004 enlargements, if those countries had not joined the EU. We find large … positive effects from EU membership but these differ across countries and over time (they are only negative for Greece). We …
Persistent link: https://www.econbiz.de/10010350820
-depth look at the Europe 2020 strategy and the goals it sets for the EU, with the aim of shedding light on the question of …
Persistent link: https://www.econbiz.de/10013101064
Persistent link: https://www.econbiz.de/10013170221
Speculation about the consequences of a break-up of the eurozone, a worsening sovereign debt crisis or a prolonged recession in the European Union have all in recent years made the headlines. At first glance, the effect that such events might have on the Canadian macroeconomy might appear small....
Persistent link: https://www.econbiz.de/10013057480
Persistent link: https://www.econbiz.de/10012659265
Persistent link: https://www.econbiz.de/10012659267
European Union (EU) enlargement, when all candidate countries joined the Single Market but one - Norway - did not join the EU …
Persistent link: https://www.econbiz.de/10012698068
This paper reconsiders the narratives surrounding Japan's economic performance since the 1980s in relation to the experiences of the U.S. and the Eurozone. There are important differences between these three economies and some striking parallels. It is found that the poor reputation of the Bank...
Persistent link: https://www.econbiz.de/10012816140