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What are the borrowing strategies and practices of European members of the Council for Mutual Economic Assistance (CMEA)? The authors had extensive discussions with bankers in the leading financial centres in Europe. Some of their findings are presented in the following article.
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Before a new financial architecture can be established in the wake of the financial crisis, the increasing importance of the global financial market channel must be fully understood. This importance was illustrated by the unexpectedly strong dampening effects of the financial crisis on the real...
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Demography and the labour market are two important aspects that will have to be discussed in connection with possible Turkish membership of the European Community. The following article discusses these aspects primarily with regard to the situation in the EC and in Germany, which in the past was...
Persistent link: https://www.econbiz.de/10011547227
Turkey already by the EC association agreement of 1963. The world-political events pivoting on Afghanistan have greatly … improved the chances for Turkey’s admission to the EC—despite all the economic problems which Turkish membership involves for … the EC and for Turkey itself. Prof. Gumpel analyses these problems here. …
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Turkey once chose the road into the EC of its own free will. This decision was consistent with its European orientation … criticism in Turkey today. Therefore it is important that West Europeans should try to find out the reasons for this attitude …
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