The paper analyses the likely political and economic impacts of Turkish membership of the EU for the Union itself. It asks whether Turkish accession can be managed in a similar way to that of other enlargements or whether critics are right that Turkey is too big, too poor, has too dangerous...

This paper employs stochastic simulations of a small structural rational expectations model to investigate the consequences of the zero bound on nominal interest rates. We find that if the economy is subject to stochastic shocks similar in magnitude to those experienced in the U.S. over the...

Finland is the forerunner in adjusting to the ageing of population. Population ageing will have repercussions on the labour market, economic growth potential and public finances. The main features of the Finnish strategy to counter the effects of population ageing have been extensive and...

The overall objective of the present study is to improve the quality the EC and other donors’ media support by providing an analyses of the EC ́s assistance so far and recommendations on future strategies and modalities. This present report focuses on the activities so far, while a separate...