country size and factor proportion variables. Trade policy variables include the membership in GATT/WTO, CEFTA, OECD, EU and …

stemming from the need to adopt the EU`s institutional and legal provisions in the area of EMU …Economic and Monetary Union (EMU) has a number of institutional implications for the transition countries of Central … and Eastern Europe and selected Mediterranean countries that aspire to join the European Union (EU). After describing the …

shocks, taking into account the symmetry of the export structures of a candidate state with the EMU and the opening rate of … the EMU which are most sensitive to sector-based and geographic shocks (Finland and Ireland), testify to a generally … EMU. Against the thesis of the endogeneity of the OCAs (optimum currency areas), this recommendation remains valid …

worse suitable for EMU membership than the current participants. The theory of optimum currency areas provides several … the current EMU we use a structural VAR approach in order to identify economic shocks that hit the countries to be …

The Eastern enlargement of the European Union (EU) is likely to give a further boost to trade and capital flows, yet … determinants of international asset holdings and trade flows. We find in most regressions that EU membership has a significant … effect. Based on additional simulations of the expected flows to ten transition economies, we conclude that for the EU …

investigates how the accession of 10 Central and Eastern European Countries (CEECs) to the European Union (EU) affected trade in …-2009, we find that EU accession mainly fostered Eastern entrants' integration in other CEECs' value chains. Smaller integration …

Despite the EU emphasis on the 1995 Barcelona process, trade integration with the Mediterranean (MED) countries is … still underdeveloped. To contrast the success of EU integration with MED countries and that with the new EU members, we … compute the trade potential of these EU partners from 1995 to 2002 using an "out-of-sample" methodology. The coefficients are …