Showing 1 - 10 of 418
We examine the effect of joining the European Union on individual life satisfaction in Bulgaria and Romania in the … context of the 2007 EU enlargement. Although EU membership is among the most important events in Bulgaria and Romania's modern … life satisfaction in Bulgaria and had a positive but statistically insignificant effect in Romania. One explanation is that …
Persistent link: https://www.econbiz.de/10011449769
This paper traces the origins of the different monetary regimes adopted in Bulgaria and Romania in 1996-97 and examines … their performance during the EU accession. The findings indicate that the constraints of the currency board in Bulgaria … rise in private and public debt. The paper also explores the historical parallels between the monetary regimes of Bulgaria …
Persistent link: https://www.econbiz.de/10013079446
Tax and benefit systems in the enlarged EU vary significantly in size and structure. We examine how taxes and benefits shape income distributions in 19 EU countries, focusing on the differences between Western European countries (EU15) and Eastern European countries (Estonia, Hungary, Poland,...
Persistent link: https://www.econbiz.de/10003989841
In our analysis, we examine the convergence of all recent ten European Union (EU) members to EU standards. Novel features of the paper include more complete measures of convergence, in particular fiscal convergence; a broader examination of inflation convergence with respect to the Maastricht...
Persistent link: https://www.econbiz.de/10012734445
Several decades ago, leaders of six European countries with an inclusive vision of Europe and strong courage started a construction without precedent, the European Union. The remarkable construction evolved not only concerning the number of the Member States, but also in terms of institutional...
Persistent link: https://www.econbiz.de/10013013096
North et al. (2009) argue that accounting for different development outcomes requires understanding how different societies manage violence. Almost all societies have been limited-access orders where elites constrain violence to preserve their rents. Alternatively, in open-access orders violence...
Persistent link: https://www.econbiz.de/10012850601
In this paper we study the possibilities of applying the incremental solutions to the problems of the future European Union enlargements. We analyze some significant targets for the next accessions, taking into consideration the main constraints of the integration. We conclude that small changes...
Persistent link: https://www.econbiz.de/10014145607
In our analysis, we re-examine the nominal and real convergence of all recent ten European Union (EU) members to EU standards. Testing for monetary convergence has significant implications for interim optimal exchange rate and monetary policies before a formal and permanent link to the euro,...
Persistent link: https://www.econbiz.de/10014053885
This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and...
Persistent link: https://www.econbiz.de/10003884841
This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 we show that pre-accession incentives provided by EU and...
Persistent link: https://www.econbiz.de/10003872903