This paper argues that, in contrast to the popular bipolar view on exchange rate choices, intermediate regimes in general and regional exchange rate systems such as the European Monetary System (EMS) in particular should not be ruled out per se even in today's world of highly mobile capital. The...

Im Zuge der europäischen Integration haben die nationalen Regierungen Kompetenzen an europäische Institutionen abgegeben. Die Folge ist, daß die ökonomische Entwicklung in der EU mehr und mehr von wirtschaftsräumlichen Faktoren anstatt von administrativen nationalen Unterschieden bestimmt...

This paper takes a welfare-view on eastern enlargement of the EU, focusing on incumbent countries. Enlargement is decomposed into three elements: Single-market integration on commodity markets, budgetary costs from EU-expenditure policies, and singlemarket- induced migration from new to present...

Das Papier untersucht die Arbeitsweise der Handelspolitik in der Europäischen Gemeinschaft, den Zusammenhang zwischen Binnen- und Außenmarktpolitik und weltwirtschaftliche Implikationen der EG-Handelspolitik auf verschiedenen Ebenen. Es wird gezeigt, dass die gemeinsame Handelspolitik...

Liberalization and regulatory reform of telecom markets has emerged as a high profile policy issue. This paper analyzes how the multilateral system under the World Trade Organization can help developing countries in promoting their own information infrastructures. We focus on a specific ?regime?...

This paper analyses the role of the European Union in promoting liberalisation among its member states and in crafting the multilateral regime for telecommunications services. It begins by analysing the origins of the EU regime, describing its contours and assessing its implementation. It then...

This paper discusses the nature, importance, and measurement of non-tariff barriers (NTBs) in services trade with particular reference to telecommunications services. It is shown that although more effectively addressed for the telecom sector at the multilateral level than for other service...

During the past two decades, international trade in telecommunication services has significantly intensified. What is more, an increasing number of telecommunications operators have begun to expand their activities beyond national borders through FDIs, joint ventures, and cooperation agreements....

The liberalization of the basic telecommunications sector in Asian countries is examined in this paper with a view to identify the elements of good policy and examine how it can be promoted through multilateral negotiations. We find that despite the move away from traditional public monopolies,...

This paper examines the substantial regulatory changes in North American telecommunications markets over the past decade. We argue that a combination of U.S. domestic politics and the logic of international strategic positioning produced substantial and far-reaching reform driven primarily by...