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Persistent link: https://www.econbiz.de/10009150658
This paper investigates the speed of institutional development induced by European integration. The hypotheses are the following. The prospect for European countries to join the EU disposes them to strengthen their institutions, so that the speed of institutional development is high....
Persistent link: https://www.econbiz.de/10011234840
This paper shows that the EMU has not affected historical characteristics of member countries’ business cycles and their cross-correlations. Member countries which had similar levels of GDP percapita in the seventies have also experienced similar business cycles since then and no significant...
Persistent link: https://www.econbiz.de/10005827103
This paper examines the degree of trade integration and business cycle synchronisation between eight Balkan countries and the Euro area over the period 2000:1-2011:4. The main findings are that Slovenia and the Former Yugoslav Republic of Macedonia exhibit a high level of openness relative to...
Persistent link: https://www.econbiz.de/10011200094
Since the Eurozone’s Effilochement has become a fact and European integration theories, as defined in existing theories … the European states. In particular, it means that the Eurozone has introduced currency warfare against the currencies of … - level geo-economic approach to analyse how and why the current Eurozone’s Effilochement - structural and political - are …
Persistent link: https://www.econbiz.de/10011007624
The European Union (EU) can be regarded as one economic region and this way its competitiveness can be defined and examined. However, there are huge tensions within the European region that raise questions about whether there exists a European economic region and thus “European...
Persistent link: https://www.econbiz.de/10011030398
The main goal of regionalization is the creation of free trade areas and the guarantee for countries to accede to a widened market. Many studies dealing with the effects of regional free trade agreements on trade flows already exist in the economic literature and the explosion of regional...
Persistent link: https://www.econbiz.de/10009476899
This chapter focuses on the analysis of employment policies in the Western Balkan countries and examines levels of harmonization of national employment policies throughout these countries with the European Union employment policy framework. The observed Western Balkan countries achieved...
Persistent link: https://www.econbiz.de/10010969101
The development of modern communications and information technologies, deregulation and globalization of business, represent some of the key determinants of the macroeconomic and business environment. These changes, as well as the recession evident during the past five years followed by an...
Persistent link: https://www.econbiz.de/10010969103
The goal of this chapter is to point out the core changes in the development of the European financial system in the past several years. A number of factors have influenced these processes, such as: the aspiration of the European Union for increase in competitiveness of its own economy, negative...
Persistent link: https://www.econbiz.de/10010969139