The global rise in food commodity prices is passing through strongly to the consumer prices that households pay for these products. Further, the current episode has seen a more widespread increase in food items than other historical periods of stress in these markets. The results of an...

This article analyzes the replacement of Sugarcane by the adequate crop considering the producer's choices according to the dimensions of soil, relief, climate, and precipitation in São Paulo state, Brazil. The panorama is the hypothetical end of the combustion engine in the Euro 7 emissions...

The article offers an overview of the literature on the many institutional weaknesses of the Eurozone exposed in the 2009-2013 period. Comparing failures with expected outcomes clarifies where the original project has gone wrong. Three main conclusions are offered. a) The Eurozone is even less a...

The Van Rompuy Report and also additional proposals made by the European Commission outlined steps for a ‘genuine Economic and Monetary Union’. This article explains, assesses and comments on the proposals made. Moreover, it outlines what could be recommendations in order to achieve a...

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...

Finance and financial markets were at the heart of the global economic crisis that began in August 2007. 2010 has seen the transformation of the global financial crisis into a sovereign debt crisis in the Eurozone. Starting from Greece, the debt crisis has put intense pressure on the bonds of...

The ongoing Euro crisis and the worse economic development in Europe compared to that in the United States is grounded in the delayed implementation of reforms of the banking sector. Whereas the leaks in economic governance of EMU have been fixed the banking sector is still not stabilized, even...

In terms of macroeconomic performance, the Eurozone’s first decade is a story of successful inflation-targeting by the ECB for the common currency area as a whole combined with the persistence of real exchange rate and current account disequilibria at member country level. According to the...

Not since the Great Depression have monetary policy matters and institutions weighed so heavily in commercial, financial, and political arenas. Apart from the eurozone crisis and global monetary policy issues, for nearly two years all else has counted for little more than noise on a relative...