This paper deals with the question of what impact membership of the European Monetary Union (EMU) has had on small European states. We will also analyze whether or to what extent a large number of small member states affect the EMU itself when they vastly outnumber the large countries. We...

Studies on EU enlargement mostly focus on its welfare-economic and much less so on its public-choice dimension. Yet, the latter may be as important as the former when it comes to sustain integration. This paper aims at filling the gap by exploring theoretically and empirically how enlargement of...

Studies on EU enlargement mostly focus on its welfare-economic and much less so on its public-choice dimension. Yet, the latter may be as important as the former when it comes to sustain integration. This paper aims at filling the gap by exploring theoretically and empirically how enlargement of...

This paper shows the different scenarios and its economic impacts for a post Brexit referendum era. Key industries are identified and the importance of access to the European Single market for their future development is analyzed. Furthermore the paper discusses the future political influence of...

This study challenges the conventional view that CEE countries are in their attitudes towards the adoption of the euro driven by materialistic concerns. It argues that neither ‘objective' indicators of economic benefits, nor the distributive impacts which the adoption of the euro is likely to...

The Whitehall Briefing (leaked in January but only officially released this month) is not the last word on the potential long-term economic impact of Brexit, despite claims from others that it ‘proves’ GDP will be lower in ‘all’ scenarios. As the report itself says, it is only ‘draft...

This briefing explains that the UK and the EU would still be able to make arrangements which are already extended to non-EU members, such as an ‘air services agreement’ to keep planes flying. This would require flexibility on both sides, but the mutual interests in protecting aviation would...