[Expansion der Weltwirtschaft verliert allmählich an Fahrt] Die Weltkonjunktur zeigt sich zu Beginn des Jahres 2006 weiter in robuster Verfassung. Zwar deutet sich für die Vereinigten Staaten an, dass die Geldpolitik allmählich die Nachfrage zu dämpfen beginnt; gleichzeitig haben sich aber...

Mexico's recent financial crisis, culminating in December 1994, threatens the positive effects of the substantial reforms that the country has implemented since 1985 by opening its real sector: first trade has been liberalized unilaterally, then Mexico has joined the GATT, the Uruguay Round, the...

In order to identify convergence patterns among the group of Central and Eastern European Countries (CEECs) we analyze clusters of traditional OECD countries, i.e. EU-15 plus Norway and Switzerland, Anglo-Saxon non-EU countries plus Japan, and CEECs based on macro data on government regulation...

In this paper, we analyse effects of EU integration on Asian countries. Since the early 1990s, it is especially the trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent papers seem to indicate that the Rose effect seems to be...