Showing 1 - 10 of 17
As Asia considers greater harmonization and integration of its financial systems, it would be well-advised to consider the experience of Europe, particularly the eurozone. There are many lessons to be drawn from Europe about how to implement such integration, mostly negative. It is particularly...
Persistent link: https://www.econbiz.de/10010242041
The Trans-Caspian International Transport Route (TITR), known as the Middle Corridor, is a multilateral institutional development linking the containerized rail freight transport networks of the People's Republic of China (PRC) and the European Union through the economies of Central Asia, the...
Persistent link: https://www.econbiz.de/10012545929
As the countries of Europe have successfully managed to move the region's integration forward step by step, the European experience offers three possible models for regional integration with different depths: a free trade arrangement, a single market, and a common currency area. In this paper,...
Persistent link: https://www.econbiz.de/10010213131
The impact of globalization in terms of bilateral trade is a renowned theoretical underpinning in the literature. Nevertheless, testing a trade integration model of bilateral trade is not sufficiently well estimated with the Bayesian approach to provide pragmatic evidence of trade integration...
Persistent link: https://www.econbiz.de/10012493905
, which the European Union (EU) crystallized. The French-German alliance also provided strong leadership and a sense of … direction for the EU, which gained further traction with the admission of Central and Eastern European states after the fall of … process has no longer seemed to be unstoppable or inevitable. Most shockingly, the United Kingdom, a core EU member and the EU …
Persistent link: https://www.econbiz.de/10012289781
This paper provides an overview of the key steps that were made in the European Union toward enhancing fiscal policy coordination and integration prior to the Covid-19 crisis. It especially highlights the key challenges and strategies that should be considered when thinking of further fiscal...
Persistent link: https://www.econbiz.de/10012262584
likely. The paper then deals with Europe's, and particularly the EU's, role in this dynamism. The EU was one of the early … pillars of a coherent and forceful political-economic strategy of the EU. The current European situation is rather one of … "Connecting Europe and Asia: Building Blocks for an EU Strategy" in this context and finds it to be lacking in various ways. The …
Persistent link: https://www.econbiz.de/10012205804
(EU), and the proven tangible economic benefits associated with a significant degree of financial integration, ASEAN could … learn from the EU's experience, particularly under the current global challenges. This paper reviews ASEAN's process, which … includes financial integration and financial stability, in comparison with that of the EU. The paper examines the effectiveness …
Persistent link: https://www.econbiz.de/10012210120
Since the Lisbon Process, the EU has changed its function from a mere economic common market into a social union. The … EU addressed its future policy also to sustainability with increasing employment and better jobs, and greater social … competitiveness. The EU's regional policy therefore addresses less developed regions. Furthermore, leaving the existing regional …
Persistent link: https://www.econbiz.de/10012182758
The emergence of production networks has changed the structure of international trade, which a large share of intra-regional trade flows and the rising value of intermediate goods trade or network trade between countries within the same region reflect. While a production network exists in both...
Persistent link: https://www.econbiz.de/10012137062