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Turkey and the EU : politics and economics of accession

Flam, Harry - 2003

This paper discusses political and economic aspects of Turkish accession. Under present rules, Turkey would have the … Turkey, particularly in agriculture. The main obstacles to accession are not economic, but political. Historical experience … prevents Turkey from eliminating the decisive political role of the military, giving Kurds and other minorities cultural rights …

Persistent link: https://www.econbiz.de/10011506471

Turkish delight does Turkey´s accession to the EU bring economic benefits?

Lejour, Arjan; Mooij, Ruud A. de - 2004

Turkey triggered by EU-membership; and (iii) migration in response to the free movement of workers. Overall, the … macroeconomic implications for EU countries are small but positive. European exports increase by around 20 percent. Turkey … accession to the internal market and free movement of labour. If Turkey would succeed in reforming its domestic institutions in …

Persistent link: https://www.econbiz.de/10011402438

The Brexit as a forerunner : monetary policy, economic order and divergence forces in the European Union

Müller, Sebastian; Schnabl, Gunther - 2018

We analyze the effects of the increasingly expansionary monetary policies on the economic order and on the European integration process. We argue that the market orders shaped in postwar Germany and in Margret Thatcher's United Kingdom have long served as cornerstones for growth, prosperity and...

Persistent link: https://www.econbiz.de/10011809903

Hitting and hoping? : meeting the exchange rate and inflation criteria during a period of nominal convergence

Lewis, John (contributor) - 2007

Persistent link: https://www.econbiz.de/10003463137

Structural reforms and the enlargement of monetary union

Hefeker, Carsten - 2003

The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural reforms in the (low distortion) member countries and the (high distortion) candidate countries. While monetary union lowers reforms in the candidate countries, members of the...

Persistent link: https://www.econbiz.de/10011509539

Restructuring the ECB

Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003

Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...

Persistent link: https://www.econbiz.de/10011511101

Nominal wage flexibility, wage indexation and monetary union

Calmfors, Lars; Johansson, Åsa - 2002

Membership in a monetary union implies stronger incentives for nominal wage flexibility in the form of wage indexation and shorter contract length than nonmembership. For example, entry into a monetary union may cause a move from a non-indexation to an indexation equilibrium. But more wage...

Persistent link: https://www.econbiz.de/10011410646

Uncertainty, wage setting and decision making in a monetary union

Hefeker, Carsten (contributor) - 2005

The enlargement of the European Monetary Union is likely to lead to an increase in uncertainty regarding the transmission of monetary policy for the larger union. Adding new members to the central bank council will in addition imply that the policy reaction of the enlarged council will be...

Persistent link: https://www.econbiz.de/10003110104

EMU enlargement, policy uncertainty and economic reforms

Hefeker, Carsten (contributor) - 2006

Persistent link: https://www.econbiz.de/10003364637

Structural reforms and the enlargement of monetary union

Hefeker, Carsten - 2000

The paper addresses the question what effects the enlargement of a monetary union will have on necessary structural refoms in the (low distortion) member countries and the (high distortion) candidate country. While monetary union lowers reforms in the candidate country, members of the monetary...

Persistent link: https://www.econbiz.de/10009781545

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