The creation of a single currency is deemed to produce further heterogeneity in regional trade, as regions differ in their exposure to trade with other European countries. It is possible to disentangle two separate effects on bilateral trade, namely the “exchange rate volatility effect”...

The planned broadening of the common internal market into an economic and monetary union as proposed in the Delors Plan means a significant qualitative leap in the process of European integration, which should ultimately lead to political union in Europe. Is this objective realistic? In what...

The aim of the concept of inclusive growth is to derive political recommendations on the basis of selected indicators so that a maximum number of socio-economic groups may benefit from the economic progress of a country. On the one hand, this initiative continues the long-running debate on...