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Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much research has focused on understanding this integration process and what benefits and costs it entails. This paper identifies a political economy channel of EMU as the monetary union...
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's vulnerability to asymmetric shocks. Greece's decision to remain enhances the prospects for Eurozone reform …
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The outcome of the referendum that has been held in the United Kingdom about leaving the European Union (Brexit) has fuelled the debate, in political and academic circles, about the future of the EU in the perspective of differentiated integration. The paper seeks to contribute to the debate, by...
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the United Kingdom as a member state outside the Eurozone. Those campaigning to leave have argued that the government ‘has … given away its veto' over the further integration of the Eurozone for ‘little in return'. The government, on the other hand … veto over further Eurozone integration, b) the UK's financial services industry will be far better protected against …
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