Optimum Currency Area (OCA) theory proves inadequate in the analysis of the new regional monetary integration schemes that have sprung up among developing and emerging market economies since the 1990s. Building on the concept of 'original sin' developed by Eichengreen et al. (2006), we argue...

Transport policy is formulated and implemented at different levels in the EU. In practice it is not easy to separate the spatial dimensions of decisions, with serious implications for project appraisal and consistency. This problem is seen in border regions where the balance between local,...

This paper analyses the effects of previous enlargements of the European Union (EU) on the regional structure of production. Focusing on regional development five years before and seven years after integration, we find relatively small and heterogeneous effects. For enlargement by Greece, a...

The system of multilateral rules and institutions that constitute the global economic governance regime trails the rapid transformation of the world economy. That system needs to adapt to geopolitical changes and to a growing number and diversity of participants in global economic integration,...

The first part of this paper gives an overview on the difficult preconditions of a European social policy by analysing the different models of market economies ('varieties of capitalism'), types of welfare states and systems of labour relations within the EU. These different types of market...

The means by which macroeconomic goals such as growth, price stability, and full employment are managed have gone through major changes in the European Union. The introduction of a single currency and the Code of Conduct on harmful tax competition are two prime examples of this transformation....

The paper reviews the effects of European Union (EU) accession on Polish trade policy/regulation. Trade is one of the areas where changes for the EU New Member States (NMSs) were particularly profound. The author examines the changes resulting from EU accession and analyses the impact of the...

Economic development of regions is determined by the linkages and networks to external partners and to their own hinterlands. This paper discusses changes in the system of production, regional, international, and in a cross border perspective, based on a project investigating regional...