This book explores the political and economic issues currently challenging EU member states. It analyses and explains how its own economic, and political, relationships have been critically influenced by fierce competition from its rivals in other major global economies, as well as by the...

This book explores the political and economic issues currently challenging EU member states. It analyses and explains how its own economic, and political, relationships have been critically influenced by fierce competition from its rivals in other major global economies, as well as by the...

This paper considers the nature and the distribution of trade and FDI effects of a potential enlargement of the European Monetary Union (EMU) to the 10 countries that obtained EU membership in 2004. One-way and two-way error component gravity models are estimated using a data set of unbalanced...

The studies summarised in this paper focus on the economic implications of euro area firms’ participation in global value chains (GVCs). They show how, and to what extent, a large set of economic variables and inter-linkages have been affected by international production sharing. The core...

The thesis consists of three empirical essays on trade, specialization and development. The first chapter studies the impact of greater economic integration (namely monetary unions) on trade, specialization and location of firms. Cost reductions due to greater economic integration may have...