The accession of ten new countries to the European Union on 1 May 2004 represents a further milestone on the way to the economic and political integration of all countries in Europe. With their entry into the EU the new member states from Central and Eastern Europe have officially concluded...

This report presents the findings of the 2011 Regional Level Evaluation of the Commission of the European Union’s co-operation with the Caribbean Region. The evaluation was carried out to provide meaningful feedback to the Commission and the European External Action Service (EEAS), but also to...

This review of regional integration in African, Caribbean and Pacific (ACP) countries takes a broad view of regional integration and includes various aspects of regional trade integration such as tariff reduction and covers behind the border dimensions of regional trade integration such as...

Turkeyu0092s fulfilment of the EUu0092s first set of political criteria qualifies the country to start negotiations. But EU membership is much more demanding than most of Turkeyu0092s political and business elite realise. They hope that they can bargain away many of the onerous requirements for...

This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...

This paper investigates the in inflationary effects of fscal policy in an optimizing general equilibrium monetary model with capital accumulation, exible prices and wealth effects. The model is calibrated to Euro Area quarterly data. Simulation results show that government defcits, high debt...

This paper examines the feasibility of implementing Linear Quadratic Gaussian (LQG) Control in structural cointegrated VAR models and sheds some light on the two major problems generated by such implementation. The first aspect to be taken into account is the effect of the presence of unit roots...