The present paper contributes to the existing literature analyzing the relationship between intra EU trade in services and European Integration by taking into consideration a potential endogeneity bias of the EU dummy and a correct specification of multilateral resistance terms in a panel data...

In the present contribution, we concentrate on the process of financial liberalization in a specific context of European economic and monetary integration. We implement de facto and de jure measures of financial liberalization and find that formal aspects of financial openness generate a...

Europe has changed, the world has changed. The 21st century brings new challenges and new opportunities. The interaction of economies and peoples worldwide – whether by communication, trade, migration, shared security, concerns or cultural exchange – is in constant evolution. In such a...

The path from command to market economics in Romania has been marked by two decisive conceptual clarifications at international scale, from the 1989 Washington Consensus to the 2000 Lisbon Agenda. In both cases, it was about a "how-to" policy list supposedly conducive to better economic...

In this paper I try to refute the thesis that European integration – the way the European states embarked upon with the creation of The European Coal and Steel Community – was indispensable for the preservation of peace among the continent’s nations. The main line of argument is that,...

This paper investigates how the European integration process of central eastern European countries, which has been taking place since the 1990’s, affects their GDP growth. Based on an augmented Solow model, I estimate a convergence equation for a panel of ten countries over 16 years...