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need for social policies at the EU level. Social harmonisation would distort migration flows and slow down the speed of …
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Eastern enlargement of the EU promises gains, but also imposes fiscal costs on incumbent countries. A sensitive issue …
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As a result of the Balassa effect relative prices change rapidly between and within the euro countries. Thus it is impossible to find a common monetary policy that will result in price stability in all countries. Based on empirical estimates of the Balassa model, the paper calculates a minimum...
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The eastern expansion of the EU resembles German unification in its momentousness. Whereas the latter led to a 26 …% increase in the population of the Federal Republic, the former will increase the population of the EU by 28% if all ten entry … and western European countries, a massive westward migration can be expected after EU expansion. A temporary east …
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