In this paper we assess empirically whether financial inclusion contributes to reducing income inequality when controlling for other key factors, such as economic development and fiscal policy. We conclude that financial inclusion contributes to reducing income inequality to a significant...

The euro crisis is not due to excessive sovereign debt. It is rather due to the European leadership that is loath to recognize the euro's flawed architecture and take the steps in the direction of a federal European state, which are needed to complete its unfinished construction. It is...

The paper provides a comprehensive overview of the historical problems and causes of the crisis, explains the choices available for the peripheral EU countries and the potential consequences, and discusses potential solutions which take into account how the EU operates. The Eurozone still makes...

The article looks at the EU and China three decades relationship and the challenges and opportunities encouraged by a common view on the redesign of the international order according to a shared multilateral approach although some basic differences still exist. China’s purpose to this...

This is aimed to be a book manual and a book manual is always for students and other curious people. Economics of integration is sometimes called ‘European economics’, as improperly. But the real problem is elsewhere. A manual is likely to contain what everybody agrees as correct. Firstly,...

This monograph faces the question why the United Kingdom ‘opted out' of the European Monetary and Economic Union (EMU). Then, an analysis will be drawn in accordance to the advantages and the disadvantages of the EMU for UK's economic and business environment

The geographic structure of the Magharib countries necessitates its political and economic partnership. However, there were many hindrances that curtailed further mutual benefits in the past decades. That minimized its economic cooperation in many ways. The emergence of the WTO adds to questions...

The borders of Central and Eastern Europe (CEE) today are the result of a complex process conducted decades after the fall of communist regimes in this part of Europe. With the opening towards the west, with the change of political and economic regimes came the implementation of democratic...