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Issue Salience and the Domestic Legitimacy Demands of European Integration. The Cases of Britain and Germany

Oppermann, Kai; Viehrig, Henrike - In: European Integration online Papers (EIoP) 12 (2008) 04

The salience of European issues to the general public is a major determinant of the domestic legitimacy demands that governments face when they devise their European policies. The higher the salience of these issues, the more restrictive will be the legitimacy demands that governments have to...

Persistent link: https://www.econbiz.de/10005015442

Could the Stability and Growth Pact be Substituted by the Financial Markets?

Vyprachticka, Terezie - In: European Integration online Papers (EIoP) 15 (2011) 09

In the discussions on the need for fiscal rules and their usefulness in a monetary union, researchers have not agreed if financial markets have a sufficiently disciplining effect on governments, which would mean that the fiscal rules are not necessary. This paper investigates whether the...

Persistent link: https://www.econbiz.de/10009325373

Shifting paradigms: Reflecting Germanys European policy

Knodt, Michèle; Staeck, Nicola - In: European Integration online Papers (EIoP) 3 (1999) 03

Germany's presidency of the European Council in the first half of 1999 has focused the attention of schlolars on Germany's attitude towards the EU. Germany's European policy has been guided from the beginning by a pro-European vision of 'the house of Europe'. The hypothesis of the article is...

Persistent link: https://www.econbiz.de/10005040565

Fiscal Federalism, EMU and Shock Absorption Mechanisms: A Guide to the Literature

Pacheco, Luís Miguel - In: European Integration online Papers (EIoP) 4 (2000) 03

Fiscal federalism theory seeks to establish the optimal organization of a government, confined by certain geographic boundaries. The implications of that theory for the monetary unification process are shortly inquired. The literature measuring the redistribution and stabilization effects of the...

Persistent link: https://www.econbiz.de/10004969198

The monetary framework after accession a political economy analysis of ERM2

Fölsz, Attila - In: European Integration online Papers (EIoP) 7 (2003) 03

The paper discusses the framework of ERM2 (the exchange rate mechanism of EMU, the Economic and Monetary Union) and its … of EMU). Second it reviews how ERM2 is conducive to future euro-zone membership of the accession countries. From the …

Persistent link: https://www.econbiz.de/10004969206

Chasing Maastricht: The Impact of the EMU on the Fiscal Performance of Member States

Busemeyer, Marius R. - In: European Integration online Papers (EIoP) 8 (2004) 07

This paper examines the impact of the Economic and Monetary Union (EMU) on the fiscal performance of EU member states …. I will show that the process towards EMU and the accompanying Stability and Growth Pact (SGP) have increased fiscal … EMU was more severe than for the large states in the core of the EU (Germany and France). Second, as members of the EMU …

Persistent link: https://www.econbiz.de/10004969231

A Co-integration Analysis Approach to European Union Integration: The Case of Acceding and Candidate Countries

Onay, Ceylan - In: European Integration online Papers (EIoP) 10 (2006) 09

This paper examines the long-term financial integration of second-round acceding and candidate countries’ with the European Union and the US stock markets during the Accession Process. The lowpair wise correlations between these markets imply portfolio diversification opportunities, yet...

Persistent link: https://www.econbiz.de/10004969234

The Economic Consequences of a Large EMU Results of Macroeconomic Model Simulations

Breuss, Fritz - In: European Integration online Papers (EIoP) 1 (1997) 05

Recent economic forecasts increase the probability that firstly, the EMU can start as planned on January 1, 1999 and … large "non-optimal" EMU are as expected. On the one hand, there are positive income effects for all countries although … ("soft-currency" countries). If the EMU will start with a large group there will be a tendency to devalue the Euro against …

Persistent link: https://www.econbiz.de/10004969249

Making and Breaking the Rules: French policy on EU 'gouvernement économique' and the Stability and Growth Pact

Howarth, David J. - In: European Integration online Papers (EIoP) 9 (2005) 10

dilemma with regard to the construction of the Economic dimension of EMU between two strong preferences: on the one hand the …

Persistent link: https://www.econbiz.de/10004969258

Explaining British Policy on the Euro

Howarth, David - In: European Integration online Papers (EIoP) 8 (2004) 10

Four overlapping analytical frameworks focusing upon domestic British politics are applied to explain the detailed development of the policy on the euro maintained by the Conservative Government then Party in opposition and the Labour Party opposition and then Government: intra-party politics;...

Persistent link: https://www.econbiz.de/10004969263