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Within the EU, the Macaronesian Region consists of three archipelagos: the Azores, Madeira (both belonging to Portugal …
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The Mediterranean basin stretches c.3,800 km east to west from the tip of Portugal to the shores of Lebanon and c.1 … Member States either partially (France, Portugal, Italy, Spain) or completely (Greece, Malta, Cyprus). The climate is …
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The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a SVAR model some fiscal policy regimes, i.e. a u0094set of rulesu0094 for the implementation of fiscal policies. Second, we identify the fiscal policy shocks related to different...
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Member States are permanently excluded. However, there remains a risk that France and Germany will use the idea of a core Europe to cajole others into accepting their demands. Such a strategy would be deeply divisive for the Union. Franco-German cooperation is welcome if u0096 and only if u0096...
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