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This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021. It finds that the COVID-19 crisis temporarily slowed convergence but the estimated negative impact is significantly smaller than during the global financial crisis. Diverging...
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how to address non-permanence have been proposed, these being temporary credits and insurance of emission reduction … credits. This paper discusses the practicality and potential difficulties of the insurance approach for addressing non … against common insurability criteria. The marketability of the insurance product and several technical questions in relation …
Persistent link: https://www.econbiz.de/10010295368
The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory...
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This paper analyzes the dynamics of structural polarization and macroeconomic convergence vs. divergence in the context of European integration, where the latter is understood primarily as an increase in economic and financial openness. In the process of estimating the dynamic effects of...
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