This document presents an analysis on the importance of the provision of information and technical assistance by large companies to their small business partners.

Article 106 (ex 105 a) of the Treaty establishing the European Community maintains the historical tradition separating the issue of banknotes, for which the Central Bank is competent, and the issue of coins, which is the responsibility of the finance ministries. It is therefore for the European...

This report has been prepared to meet the Commission's commitment to carry out, before the end of 1998, an initial evaluation of the implementation of its Recommendation 98/286/EC on banking charges for conversion to the Euro. The report sets out, as a basis for consultation, the information...

The studies and analyses commissioned focused more particularly on three requirements of the changeover to the euro: the building of confidence in the new currency (on account of the transfer of sovereignty, the disappearance and replacement of national currencies, fears associated with...

Though it is generally accepted that the introduction of the euro is a business issue, its impact on information technology (IT) is tremendous. Since the mutual dependency of business and IT is crucial and undeniable, company management must consider both the business and IT aspects of euro...

The possible emergence of the Euro'as an international currency has often been underlined as a by-product of European monetary unification. This report deals with such a possibility both form a positive and from a negative point of view.

This paper reviews the prerequisites of inflation targeting, analyses the extent to which they are met in Egypt and examines whether the Egyptian economy, under its current status, is ready to formally adopt an inflation targeting regime. It discusses why developing strong fiscal, financial and...

This paper studies business cycle synchronization in the three Scandinavian countries Denmark, Norway and Sweden prior to, during and after the Scandinavian Currency Union 1873-1913. We find that the degree of synchronization tended to increase during the currency union, thus supporting earlier...

Global and European trade balances have seen strong divergences combined with strong movements in the exchange rate. Trade balances and real effective exchange rates are related. Using different measures of the real effective exchange rate, we show that this long-run link hinges on the relative...

This paper uses a two region DSGE model for the Euro area (periphery vs. core), to analyse the costs of higher sovereign risk premia, the so called 'sovereign risk channel'. We highlight the importance of valuation effects of sovereign bonds in bank balance sheets for the transmission of...