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and the Macroeconomic Consequences of Migration from Neighborhood Countries to Europe 83 Vladimir Borgy …
Persistent link: https://www.econbiz.de/10009303422
The purpose of this paper is to analyze the various challenges facing European integration and the EU institutional architecture as result of the global financial crisis. The European integration process is not yet complete, both in terms of its content and geographical coverage. It can be...
Persistent link: https://www.econbiz.de/10003848660
Neighborhood Countries to Europe -- Income and Distribution Effects of Migration and Remittances -- Institutional Convergence of …
Persistent link: https://www.econbiz.de/10014015490
The European Union (EU) represents a large and highly integrated bloc which contributed 19.4% of global GDP and over 30% of global exports in 2012. As of July 1, 2013 it consists of 28 member states. All of them belong to the customs union and the Single European Market (SEM) in which most...
Persistent link: https://www.econbiz.de/10010412021
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Twenty years of euro history confirms the euro's stability and position as the second global currency. It also enjoys the support of majority of the euro area population and is seen as a good thing for the European Union. The European Central Bank has been successful in keeping inflation at a...
Persistent link: https://www.econbiz.de/10012029380
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The euro area suffers from excessive public debt, which is the primary cause of the so-called fragmentation. It should be remedied by fiscal consolidation instead of the quasi-fiscal activities of the European Central Bank, which are inconsistent with its legal status, compromise its...
Persistent link: https://www.econbiz.de/10014428053
The European debt crisis triggered a debate on the lacking components of the EU and EMU integration architecture. Many believe that a common currency requires closer fiscal and political integration as a condition for its survival. This opinion is not necessarily supported by the experience of...
Persistent link: https://www.econbiz.de/10010187949