The profound changes experienced by rural areas in Europe over the past couple of decades have resulted in obvious disadvantages: loss of employment due to changes in the agricultural sector, migration of young people towards urban centres, leading to a demographic imbalance, and insufficient...

This is the report of a conference held in Lisbon on 8-9 November 2007, organised by the Foundation in cooperation with the European Commission Leader+ Observatory, the Leader+ Network in Portugal and the Portuguese Ministry of Agriculture, Rural Development and Fisheries (Ministério da...

...l’insertion dans la mondialisation pourrait être mieux maîtrisée et, transitoirement, la politique commerciale extérieure commune, en mettant dans une certaine mesure le marché communautaire à l’abri de chocs commerciaux trop forts en provenance de pays tiers, pourrait favoriser la...

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...