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When firms locate segments of their production process abroad we are in presence of international fragmentation of production. This paper discusses the issue both theoretically and empirically. We first assess the absence of a well-articulated and verified theoretical framework to explain the...
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This paper sets out to explore the puzzle of possible institutionalization or reversal of rules 'imported' by new member states from Central and Eastern Europe during their preparation for accession to the EU. It argues that the institutionalization of formal rules adopted as part of enlargement...
Persistent link: https://www.econbiz.de/10005029525
This paper examines the progress of, and conditions for, Europeanisation in one of the EU's new neighbours to the East. Since the late 1990s under Leonid Kuchma's presidency, Ukraine regularly expressed its willingness to participate in European integration via membership of the European Union....
Persistent link: https://www.econbiz.de/10005029545
The enlargement of the European monetary union to include new EU Member States (NMs) will not lead to higher expected inflation in the enlarged euro area, but only to some redistribution of inflation at the country level, if the policy framework of the monetary authority remains invariant....
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