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The following analysis of the 1992/93 crisis of the European Monetary System finds that the unfolding of the single market dynamics will make European Monetary Union a difficult stage to achieve. Further monetary integration is only feasible if full employment and sustained growth are achieved...
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The process of EU integration has intensified in the 1980s and early 1990s. The desire of a number of central and … eastern European countries to join the EU is often seen as a threat to the continuation of this process. How wide should the … radius of EU enlargement be? Which forms of integration would be appropriate between the EU and different subsets of ex …
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Brexit is not only a historical chapter of the British — EU relationship, but it also carries immense challenges for fi … challenges depends heavily on the outcome of EU-UK negotiations. The European Systemic Risk Board plays a critical role in … macroprudential supervision, a crucial policy challenge for the EU. However, there are doubts as to whether it will fulfill its …
Persistent link: https://www.econbiz.de/10011929879
communities after the financial crisis. Looking ahead, major reforms are now necessary if the EU is not to disintegrate. Given the … fresh support in the UK and US for banking deregulation, the EU must stand firm in support of prudential supervision and …
Persistent link: https://www.econbiz.de/10011741406