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Welfens, Paul J. J. - In: Intereconomics : review of European economic policy 29 (1994) 2, pp. 59-67

The following analysis of the 1992/93 crisis of the European Monetary System finds that the unfolding of the single market dynamics will make European Monetary Union a difficult stage to achieve. Further monetary integration is only feasible if full employment and sustained growth are achieved...

Persistent link: https://www.econbiz.de/10011548032

Western European integration and Eastern European transformation

Hartwig, Karl-Hans; Welfens, Paul J. J. - In: Intereconomics : review of European economic policy 31 (1996) 4, pp. 170-180

The process of EU integration has intensified in the 1980s and early 1990s. The desire of a number of central and … eastern European countries to join the EU is often seen as a threat to the continuation of this process. How wide should the … radius of EU enlargement be? Which forms of integration would be appropriate between the EU and different subsets of ex …

Persistent link: https://www.econbiz.de/10011549215

Monetary dialogue 2009 - 2014 : looking backward, looking forward

Belke, Ansgar - In: Intereconomics : review of European economic policy 49 (2014) 4, pp. 204-211

In response to the financial crisis, the ECB has had to adopt new instruments to support the euro area economy and preserve the integrity of the single currency. This has challenged the current framework of the Monetary Dialogue exercise. This paper briefly assesses the implications of enhanced...

Persistent link: https://www.econbiz.de/10010404067

Macroprudential risk management problems in Brexit

Welfens, Paul J. J. - In: Intereconomics : review of European economic policy 53 (2018) 5, pp. 281-286

Brexit is not only a historical chapter of the British — EU relationship, but it also carries immense challenges for fi … challenges depends heavily on the outcome of EU-UK negotiations. The European Systemic Risk Board plays a critical role in … macroprudential supervision, a crucial policy challenge for the EU. However, there are doubts as to whether it will fulfill its …

Persistent link: https://www.econbiz.de/10011929879

The Brexit dynamics : British and EU27 challenges after the EU referendum

Welfens, Paul J. J.; Hanrahan, David - In: Intereconomics : review of European economic policy 52 (2017) 5, pp. 302-307

communities after the financial crisis. Looking ahead, major reforms are now necessary if the EU is not to disintegrate. Given the … fresh support in the UK and US for banking deregulation, the EU must stand firm in support of prudential supervision and …

Persistent link: https://www.econbiz.de/10011741406