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Austria has gained economically from all integration steps taken by the European Union over the past 15 years (eastern opening, Austria's accession to the EU and its currency union, EU enlargement). With some of these steps occurring in parallel, its effects have similarly overlapped. Eastern...
Persistent link: https://www.econbiz.de/10011435199
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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...
Persistent link: https://www.econbiz.de/10011435067
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Die EU hat sich mit der Lissabon-Strategie bis 2010 ehrgeizige Ziele gesetzt. Die Union soll zum wettbewerbsfähigsten Wirtschaftsraum der Welt, der am schnellsten wächst und auch die hohen Sozialstandards beibehält, werden. Zusätzlich sollte die Wirtschaftsentwicklung auch umweltschonend,...
Persistent link: https://www.econbiz.de/10011435171
Advanced industrial countries have been exhibiting a steady decline of the labour income shares in the last two decades. The study explains this phenomenon by resorting to the old Stolper-Samuelson theorem. The conclusions concerning the impact of free trade on the income distribution are...
Persistent link: https://www.econbiz.de/10011435223
The global financial and economic crisis in 2008-09 followed by a "Euro crisis" - not a crisis of the Euro but a … sovereign debt (and/or banking) crisis in some Euro countries - forced to reforms of the asymmetric policy design of the … reform steps were necessary to make the Euro area "crisis-proof" for the future. Whether the measures taken are already …
Persistent link: https://www.econbiz.de/10011435347
The ongoing Euro crisis and the worse economic development in Europe than in the USA are grounded, not the least in the … mechanism of a new EBU would be distributed unequally between the member countries of the EU/Euro area. Germany would be the … biggest loser, Spain and the Netherlands the biggest winners. Of the non-euro countries, the UK and Sweden have the most to …
Persistent link: https://www.econbiz.de/10011435360