Showing 1 - 10 of 18
When entering a monetary union, member countries change the nature of their sovereign debt in a fundamental way, i.e. they cease to have control over the currency in which their debt is issued. As a result, financial markets can force these countries' sovereigns into default. In this sense, the...
Persistent link: https://www.econbiz.de/10013121996
agents ‘over - prefer' to transact with domestic agents rather than agents from other EU countries. Such an exclusive … the possible existence of home - bias effects in the US market and the EU internal market, which are the two most … barrier to trade. This shows a tendency to ‘over-trade' within borders both in the US and the EU. Taking the finding for the …
Persistent link: https://www.econbiz.de/10013122002
This paper describes four key drivers behind the adjustment difficulties in the periphery of the eurozone: • The adjustment will be particularly difficult for Greece and Portugal, as two relatively closed economies with low savings rates. Both of these countries combine high external debt...
Persistent link: https://www.econbiz.de/10013122004
The first 16 months of the EU's common commercial policy (CCP) in the post - Lisbon period provide indicative insights … policy. Against this backdrop, the paper gives an overview of the changing dynamics of EU trade and investment policy in a … public political preferences and perceptions, on the one hand, and actual EU trade policies on the other, and to place EU …
Persistent link: https://www.econbiz.de/10013092616
While energy security has gradually been incorporated into the EU's foreign policy calculus, the declared approach of … extending a nexus of 'market-governance' energy norms has been realized only to a limited extent. The EU has eschewed a … and geopolitical approaches. The EU needs more effectively to address the way that governance structures in producer …
Persistent link: https://www.econbiz.de/10012710820
moves on to outline the EU's current legislative program to introduce policy instruments in 2007-09 for regulating the … underscores the case for cohesive EU action in this controversial area in view of the need to improve the economic competitiveness … of the EU and the risks posed by its aging population …
Persistent link: https://www.econbiz.de/10012719405
This article argues for closer integration to be a key part of the EU's migration policy. It accepts that migration is … necessary for a prosperous Europe and looks at the role of the EU and how best to integrate immigrants. Countries' experiences … is a complex and delicate process, and ultimately the EU must be bolder in its promotion of integration if it is to …
Persistent link: https://www.econbiz.de/10012719406
The EU can do little to achieve its policy objectives in its Eastern neighborhood without facing the issue of … secessionist conflicts. This paper deals with EU policy towards Georgia and the secessionist regions of Abkhazia and South Ossetia …. It discusses the reasons for and constraints on EU policies, their effects and perception in the secessionist entities …
Persistent link: https://www.econbiz.de/10012719411
The EU is developing a border management strategy aiming at an quot;integrated and global responsequot; to the … communication calling for the reinforced management of the EU's Southern maritime borders and for the maximization of the capacities … with a common EU immigration policy. After assessing the latest policy developments in these areas, we raise a number of …
Persistent link: https://www.econbiz.de/10012719412
interested foreign actors such as the EU and US. Robert Springborg sees the need for the EU to clarify its policies towards the … MENA region and Muslim democrats within it. The present lack of EU policies on engaging with moderate Islamists leads them … to be at best curious about the EU and at worse to be suspicious of it. Engagement might itself help to contribute to …
Persistent link: https://www.econbiz.de/10012719415