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The economic and monetary union was actually compulsory, despite that the Maastricht Treaty does not express as such. Moreover, specialists argue that the monetary union is equally required to be fiscal as well. And what is this? Of course, strenghtening central governance, once more against the...
Persistent link: https://www.econbiz.de/10013096289
These theses, in their enunciation and debate sound like: I. There are both “incipient” and “advanced” integration processes; II. Integration changes its outline; III. There is also the “second European economics”; IV. The Communitarz Agricultural Programme (CAP), as a “mettre à...
Persistent link: https://www.econbiz.de/10013064870
In 1961, in the earlier stage of the European integration, Bela Balassa proposed a five successive phase model about it as a foresight. Today, the half century experience on integration and corresponding literature issued just lets us see rather two big phases (instead of five). The one would be...
Persistent link: https://www.econbiz.de/10013051642
The European economic integration started in the aftermath of the World War II, but its specific monetary story just since 1971. The European Community here made history by her performing, as real lessons of the monetary topic area, but despite this the whole history of money world-wide is much...
Persistent link: https://www.econbiz.de/10013058610
This is our third article already in the previously promised series to focus on FDI & DIA, as unitary fluid substance world owned, and so flows and stocks and country actors carrying these, but respective amounts unevenly distribute on these country actors. Once more, our approach on FDI won't...
Persistent link: https://www.econbiz.de/10012983922
We are just continuing on our approach on FD I(flows and stocks) at the international scale , and this time focusing on the Euro-zone region and this for two reasons related to our precedent article. First, this is an integrated region, besides individual countries previously considered; second,...
Persistent link: https://www.econbiz.de/10012984876
In 1961, in the earlier stage of the European integration, professor Bela Balassa proposed a five successive phase model. Today, the half century experience on integration and corresponding literature issued lets us see rather two big phases (instead of five). The one would be the incipient...
Persistent link: https://www.econbiz.de/10013044730
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,...
Persistent link: https://www.econbiz.de/10014131398