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The new trade theory explains several features of the current development of EU's trade with CEECs better than the … peripheral EU countries. However, this induced increased specialization in EU countries, which contrasts with the development in …Um gewisse Merkmale der gegenwärtigen Entwicklung des Osthandels der EU zu erklären, ist die neue Außenhandelstheorie …
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As a result of the Balassa effect relative prices change rapidly between and within the euro countries. Thus it is impossible to find a common monetary policy that will result in price stability in all countries. Based on empirical estimates of the Balassa model, the paper calculates a minimum...
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main languages used in EU and candidate countries. We show that widespread knowledge of languages is an important …
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need for social policies at the EU level. Social harmonisation would distort migration flows and slow down the speed of …
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