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empirical evidence, these concerns are rejected. As concerns integration deepening through the Single Market Program (SMP …
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2007, and especially in the euro area after 2010. That crisis triggered major changes to European financial regulation and … structural institutional change for the EU, arguably the most significant since the introduction of the euro. Even in its current … the euro area and increased the euro area's resilience. Asian financial integration lags well behind Europe, and there is …
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In this paper, we analyse effects of EU integration on Asian countries. Since the early 1990s, it is especially the trade creation effect of monetary integration (so-called Rose effect) which is heavily debated in the literature. Recent papers seem to indicate that the Rose effect seems to be...
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