The European integration process can be regarded as an aspect of the overall process of globalization and at the same time as an attempt to reconcile the move towards standardization with the defence of national diversity. A central role in the effort to exploit the benefits of integration...

This paper investigates the evolution of the inequality in well-being across di erent EU countries between 1994 and 2001 by means of a multidimensional approach focusing on income, housing, education and health. We first analyse the four dimensions each by each through an univariate...

This paper investigates the causes of disproportionate increases of sovereign yields with respect to the interest rate on the 10 years German Bund within the Eurozone. Empirical evidence drawn from the BIS dataset on banks' portfolios shows that rapid financial integration, following the launch...

Book Reviewed include: Agricultural Trade Liberalization - Implications for Developing Countries; Imperfect Competition and Political Economy. The new trade theory in agricultural trade research by C. A. Carter, A.F. McCalla and J.A. Sharples

An aspect of lack of real convergence among the European regions is represented by polarization within countries. In the 1990s, East Germany as well as Southern Italy have not shown any catching up with the rest of their countries. The paper compares the thesis referring to “institutional...

The aim of this paper is to cast light on possible influences of current account imbalances on the escalation of systemic risk which hit the Eurozone. The hypothesis, which was set up by examining empirical evidence, points to heterogeneity across the macroeconomic conditions prevailing in...