Equity and efficiency justifications are found for the Community’s Structural Funds which are discovered to be carefully targeted at depressed regions, albeit with some horizontal inequities. If Fund transfers displace national assistance, then they may be misallocated by being tied to...

This paper investigates the issue of monetary interdependence among members of the European Monetary System over the period 1979–91 and the leadership role attributed to the German central bank in the process of monetary integration, and looks for possible changes in central banks’...

This paper presents a methodology to analyze the responsiveness of fiscal sustainability to the “endogenous fiscal discipline” that will be strengthened by the EMU. This discipline arises in response to the harmonization of tax systems, the loss of control of current and prospective money...

This paper discusses the effect of cross-border deposits (CBDs) for the stability of the relation between monetary aggregates and nominal GDP in the five largest EC countries. The analysis is developed in terms of “information content” of alternative money definitions (including or excluding...

1 Einleitung 21. - 2 Theoretischer Ansatz 31. - 3 Die EU als Akteur im Mittelmeerraum: Die Euro-Mediterrane Partnerschaft 59. - 4 Politische Ökonomie Algeriens 93. - 5 Politische Ökonomie des Autoritarismus in Algerien 145. - 6 Algerien in der EMP 169. - 7 Auswirkungen der Implementierung des...