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coordination. The major economies of the EU and the US rapidly agreed on a series of measures to limit the crisis. However, the … supplyside optimism in the US ; (d) institutional factors such as the lack of a central fiscal authority in the EU. In response …
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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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question whether they realise above average integration benefits. The empirical analysis concerns integration effects in the EU …
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