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single market and the euro -- The economics of the single market (Harry Flam) -- Factor movements : FDI (Bent Sørensen …, Carolina Villegas-Sanchez) -- The euro as an international currency (Agnès Bénassy Quéré) -- Monetary and fiscal policy -- The … common currency : more complicated than it seems (Charles Wyplosz) -- Design failures in the euro area : can they be fixed …
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A new macroeconomic evaluation of EU enlargement is undertaken with a world macroeconomic model taking into account all possible integration effects: trade effects, Single Market effects, factor movements (FDI, migration) and the costs of enlargement. Due to the differences in size of the...
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This paper analyses the effects of Agenda 2000's policy reform on the stocks of outward FDI to the European Union member countries. In a three-factors proximity-concentration New Trade Theory model we indentify the channels of influence on the FDI decision. In the empirical part, we estimate a...
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