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When I wrote my book on EMU four years ago (Kenen 1995), very little had been written on the international dimensions of EMU. There was a chapter in the Commission's path-breaking study (European Commission, 1990). There were papers by Alogoskoufis and Portes (1991, 1992), Cooper (1992),...
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As the EU economies and societies become increasingly integrated, and as labour market behaviour patterns converge … across borders, the EU strives to develop a substantially common social identity. To this end, it seeks to promote the … unrealistic to try to establish a common EU social protection model under the prevailing great differences in social organisation …
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In the wake of monetary integration in Europe, Austria abandoned the tested hard currency policy (HCP) for joining EMU as a member. The final target of monetary policy and real sector adjustment needs are similar in both regimes, and the HCP may therefore be viewed as a convenient "training...
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This paper analyses the main characteristics of the European Socio-Economic Model. We discuss how the model varies across countries within Europe, examine how the model has changed over time and compare the European model with the corresponding US model. While the differences with regard of...
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In this paper we would like to draw attention on the fact how important for the absorption of the EU funds might be … each country's or region's split of its financial portfolio between EU, national and private sources of co-financing. Based …
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EU Structural Funds may be important. The central topic of our paper is the question of how to measure the administrative … five Candidate Countries before their accession to the EU: the Czech Republic, Hungary, Slovakia, Estonia and Slovenia …
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