This paper highlights that the EMU transition process itself can pose challenges to individual accession countries and draws policy implications for ERM II. Differences in financial market development and international liabilities underscore the risks and benefits of ERM II, and may lead to...

In the recent discussion of EC anti-dumping rules and their application allegations have intensified that this instrument, provided by the GATT to counteract unfair trade practices, has increasingly been used by the Community to raise new trade barriers reflecting the amplification of...