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Elusive solidarity in an enlarged European Union

Hartwig, Ines; Nicolaides, Phedon - 2003

As the EU enlarges, it needs to consider how to promote solidarity between its members. On the one hand, it makes sense … for it to strengthen solidarity because it will grow larger and more diverse and will, consequently, have to galvanise … support for its system, principles and policies. This does not mean that the EU should duplicate national solidarity measures …

Persistent link: https://www.econbiz.de/10009636902

Rates of return and funding models in Europe - Final report

Centre for the Study of Higher Education Management (CEGES) - 2008

Persistent link: https://www.econbiz.de/10009640064

Why has broad money demand been more stable in the euro area than in other economies?

Calza, Alessandro; Sousa, João - 2003

Based on a literature review, this paper investigates the reasons why broad money demand has usually been found to be more stable in the euro area than in other large economies. The paper concludes that there are three main explanations for this fact. First, in some countries outside the euro...

Persistent link: https://www.econbiz.de/10009635916

Growth expectations, capital flows and international risk sharing

Castrén, Olli; Miller, Marcus; Stiegert, Roger - 2003

Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...

Persistent link: https://www.econbiz.de/10009635970

Cooperation in international banking supervision

Holthausen, Cornelia; Rønde, Thomas - 2004

This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own country. The communication between the supervisors is...

Persistent link: https://www.econbiz.de/10009636539