Within a few short weeks, the COVID-19 pandemic has accomplished what multiple wars (hot and cold) failed to achieve over the past 75 years: massive simultaneous disruptions of international and local supply chains.Policymakers operating at the base of Maslow's hierarchy of needs understandably...

Competitiveness represents a concept that has occupied a great deal of the economic theorists' attention for decades. Due to its complexity and different perceptions, it has not been uniquely defined yet and neither has its measurement system been completely developed. The problem of the...

This paper establishes stylized facts on comovements and heterogeneity of individual euro-area countries' output and price developments in the past two decades. For this purpose, a non-stationary structural dynamic factor model is fit to a dataset of euro-area macroeconomic variables. The main...

The European Union (EU) provides political and strategic framework to facilitate and promote agriculture and food production. In order to adequately respond to current trends, including global coronavirus pandemic, the EU's agricultural policy should be more flexible and continue to support the...

This article categorizes newly created and proposed EMU institutions according to a new typology that broadens the well-established agent-trustee distinction to include cooptation and orchestration as two additional modes of indirect governance. Four empirical cases from the realm of EMU...

The EU’s political system has never caught up with the impact European integration has had on citizens’ daily lives. EU citizens still vote in the European Parliament elections on different dates, according to different electoral laws, and in support of candidates selected by national...

India has a long history of economic linkages with the EU member states. In recent period, the volumes of Indo-EU trade both in case of merchandise products and services have considerably increased and a number of investment collaboration opportunities are emerging. Since 2007 the two sides are...

This paper establishes stylized facts on comovements and heterogeneity of individual euro-area countries' output and price developments in the past two decades. For this purpose, a non-stationary structural dynamic factor model is fitted to a large dataset of euro-area macroeconomic variables....

The EU has become the world’s primary actor in accomplishing multinational regulatory harmony in the field of securities regulation. In its recent adoption of the Investment Services Directive, the EU has completed a critical chapter of its evolving regulatory code for the European capital...