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 European Union is regarded as a union of diverse territories, but this definition applies to most European Union member states, too. How best should member states manage diversity to maintain the Union? What are the main triggers for autonomy demands in a Union? This article contends that...