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Persistent link: https://www.econbiz.de/10012154825
in the Council of Ministers, restructuring the ECB's Governing Council, and the setting of enlargement “examination … democratic legitimacy in an EU 27. We believe, however, that the impact of enlargement on the ECB's Governing Council merits also …, we argue that undertaking these reforms before enlargement should be a priority, not a precondition. Specifically, the EU …
Persistent link: https://www.econbiz.de/10005504315
accession and during the period following EU accession but prior to EMU membership. We conclude that from an economic point of … view, EMU membership should be as early as possible, preferably at the same time as EU membership. The prevailing … interpretation of the exchange rate criterion for EMU membership is that it requires two years of successful membership in the …
Persistent link: https://www.econbiz.de/10005661669
and persistent unemployment compared to Estonia during the period of EU enlargement. Traditional labour market … others suffer long periods of costly adjustment, typically high and persistent unemployment and temporary output losses. We … enlargement, which led to a modernization of many sectors in Eastern countries and to a fast decline of traditional industries and …
Persistent link: https://www.econbiz.de/10005791264
The decision on which countries will participate in European Monetary Union (EMU) is to take place as early as possible … identifying EMU factors which specifically relate to retailing, identifies the key areas which retailers need to consider in … planning a strategy to take account of the possibility that EMU will take place in at least some major EU economies.  …
Persistent link: https://www.econbiz.de/10014803860
Chapter 1: The Productivity Puzzle – A critical assessment and an outlook on the COVID-19 crisis -- Chapter 2: Revisiting intangible capital and labour productivity growth, 2000-2015: Accounting for the crisis and economic recovery in the EU -- Chapter 3: The Rule of Law and Labour...
Persistent link: https://www.econbiz.de/10013040877
the Euro -- Chapter 4: Crisis and Public Support for the Euro, 1990-2014 -- Chapter 5: Political Economy of EMU …The long-term sustainability of the euro and the Economic and Monetary Union (EMU) depends heavily on their ability to … his research on public support for and the economics and the political economy of the euro and EMU. . …
Persistent link: https://www.econbiz.de/10013040878
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Persistent link: https://www.econbiz.de/10012656411
There is a large, yet growing debate about the need to complement the European monetary union with a stronger fiscal union. This article reviews the potential trade-offs between effectiveness, moral hazard problems, and permanent redistribution. Addressing the counter-arguments against a tighter...
Persistent link: https://www.econbiz.de/10011576634